$Gemini: how it died

Google Gemini · Solana memecoin · checked 2026-11-04 00:53 UTC

No single seller

$Gemini lost 99.0% of its value from a high of $169.3K.

The profit was spread out. The 3 biggest winners made only 25% of it, and no group stands out. This looks more like interest fading and people rushing to sell than one big seller.

The biggest winner sold in one go.

$11.6Klost by 139 wallets

$9.7Kmade by 2,010 wallets

25%of that profit went to the top 3

Next time: Plenty of coins fade with nobody to blame. A clean-looking coin can still lose most of its value in an hour. Learn more

The rise and fall

$106.5Kearly on$169.3Khigh, 15 min in$1.7K17 min in

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 $9.7K ahead in total. Here's who that was.

Everyone elseRegular buyers and sellers$6.4K66% · 1,589 wallets

First-second buyersBought in the first moments, before most people could see the coin$2.3K24% · 6 wallets

Wallets with free coinsSold coins GORZ never saw them buy, so the coins were probably sent to them$8959% · 414 wallets

The creatorThe wallet that made this coin$1291% · 1 wallet

How the biggest winners sold

All 5 biggest winners sold within the same 10 seconds, 15 min after the first trade.

#1 First-second buyer +$2.3K

#2 Creator +$129

#3 Trader +$17

#4 Trader +$17

#5 Trader +$17

0m5m10m15m

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.

Bh3x…FxDaFirst-second buyer+$2.3Kput in $5.1K, took out $7.4K

Sold in one go

7uwd…qeVWCreator+$129put in $7, took out $136

Sold in one go

6X9z…vZqaTrader+$17put in $1, took out $18

Sold in one go

3rhR…rGLUTrader+$17put in $3, took out $20

Sold in one go

7Qcq…o9XtTrader+$17put in $2, took out $19

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 minute6 wallets bought in the first seconds and got about 79.0% of all the coins. All of them bought in the same instant the coin was created, which takes planning.
In the first minuteThe creator bought their own coin. $7.28 total · now holds ~0.3% of supply. ↗
In the first minuteA big buyer came in with $1.0K. ↗
In the first minuteA big buyer came in with $1.7K. ↗
In the first minuteA big buyer came in with $3.5K. ↗
9 min in25 wallets sold in the same second (about $45). People don't line up that exactly by chance, so it's usually bots or one operator. It happened 4 times.
15 min inA big buyer sold everything, and came out $2.3K ahead. ↗
15 min inIt was down 50% from its high: $169.3K to $49.9K market cap. ↗
15 min inIt was down 90% from its high: $169.3K to $16.9K market cap. ↗
17 min in71 wallets sold in the same second (about $52). People don't line up that exactly by chance, so it's usually bots or one operator.

Did GORZ see it coming?

☠ Risky · 51/100

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

The warning signs

Bundled supply: 79.0% bought in the creation slotA big share was bought the moment the coin went live, before anyone else had a chance. Those buyers can sell into everyone who comes later.

Wallet swarm: 24 wallets sold within the same secondMany wallets selling in the same second usually means bots or one operator, not separate people.

Buy swarm: 16 wallets bought the same size within the same second (bot swarm)Many wallets buying the same amount at the same moment is usually bots trying to make a coin look popular.

Team bundle: The creator's own team bought 79.0% of supply at launch with 6 wallets (outside snipers not counted)

What these words mean

Creator: The wallet that made the coin. You'll often see it called the "dev".
Sniper or first-second buyer: A wallet, usually a bot, that buys in the first moments of a launch.
Bundled launch: Several wallets buying in the same instant the coin is created. It takes planning, so it's often the people behind the coin.
Market cap: The coin's price × all its coins. A $50K market cap doesn't mean $50K can be taken out.
Graduated: The coin sold enough on its starting curve to move to a public trading pool.
Lost and made: Money in compared with money out for each wallet. Coins still held count as worth nothing, because the coin is dead.
Died: Within an hour of GORZ's check, it fell 80% or more, or trading stopped while it was worth almost nothing.

How players called it

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

📈 Live chart & safety ☠ Call new coins 🕹 Arcade

Contract: DkQ6mEPSDGV24QspH4SdZ8YoPcs2iy8MSUtbaq8Zpump

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