$MICHLER: how it died

The rise and fall

Market cap = the coin's price × all its coins. It's what the coin looks worth, not money anyone can actually take out.

Who made the money

Winners came out $38.1K ahead in total. Here's who that was.

How the biggest winners sold

None of the biggest winners sold at the same moment as another. Each sold on their own timing.

How to read it: each line is one of the biggest winners, from the coin's first trade on the left. Each dot is one sale, and a bigger dot is more money. Dots at different times look like separate people deciding on their own. A red line marks 2 or more of them selling within the same 10 seconds. Most dead coins have a moment like that, often when the price starts to slide and trading bots sell at once. It stands out more when the same wallets keep lining up, sale after sale. GORZ can see the timing, not who owns the wallets.

Each of the 5 biggest winners sold in one go, not a bit at a time. Selling everything at once hits the price hard.

Sold in 3 portions over 4 min, the biggest $7.5K

Sold in 2 portions over 2 min, the biggest $3.8K

Sold in 2 portions over 1 min, the biggest $2.1K

Sold in 2 portions over 3 min, the biggest $1.3K

Sold in one go

Counted from the trades GORZ captured. One person can run many wallets, so a group's real share can be bigger than it looks. A pattern in public on-chain data, not a claim about who owns any wallet.

What happened, step by step

Recorded as it happened. ↗ opens the transaction on the blockchain.

• In the first minuteThe coin was created. ↗
• In the first minute10 wallets bought in the first seconds and got about 74.3% of all the coins. 7 of them bought in the same instant the coin was created, which takes planning.
• In the first minute10 wallets bought 74% of the supply in the first 3 seconds. Buying this much this fast rarely happens by chance.
• In the first minuteThe creator bought their own coin. $15 total · now holds ~0.6% of supply. ↗
• In the first minuteA big buyer came in with $1.5K. ↗
• In the first minuteA big buyer came in with $1.5K. ↗
• 21 min in8 wallets sold in the same second (about $95). People don't line up that exactly by chance, so it's usually bots or one operator.
• 39 min inThe creator bought their own coin. $58 total · now holds ~0.7% of supply. ↗
• 41 min inNew high: 3.2 times its price just after launch. ↗
• 53 min inThe creator bought their own coin. $97 total · now holds ~0.7% of supply. ↗
• 59 min inIt was down 50% from its high: $92.2K to $46.0K market cap. ↗
• 60 min in9 wallets sold in the same second (about $2,399). People don't line up that exactly by chance, so it's usually bots or one operator.
• 60 min inIt was down 90% from its high: $92.2K to $9.1K market cap. ↗
• 1.0 hr in48 wallets sold in the same second (about $846). People don't line up that exactly by chance, so it's usually bots or one operator.

Did GORZ see it coming?

Yes. A few minutes after launch, GORZ rated it Risky.

The warning signs

How players called it

Nobody called this one. New coins show up in Rug or Rocket every few minutes.

Recent checks