$Rika: how it died
Rika · Solana memecoin · checked 2026-11-06 10:32 UTC
$Rika lost 92% of its value from a high of $30.2K.
GORZ only keeps every trade for 2 days, and this coin died too long ago for a full money trail, so this report only has the key moments.
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 minuteThe creator bought their own coin. $3.56 total · now holds ~0.1% of supply. ↗
- In the first minuteA big buyer came in with $1.4K. ↗
- In the first minuteA big buyer came in with $1.2K. ↗
- In the first minuteA big buyer came in with $1.2K. ↗
- In the first minuteA big buyer came in with $1.2K. ↗
- In the first minute6 wallets bought in the first seconds and got about 69.3% of all the coins. All of them bought in the same instant the coin was created, which takes planning.
- In the first minute8 wallets bought 69% of the supply in the first 3 seconds. Buying this much this fast rarely happens by chance.
- In the first minuteIt left its starting curve and moved to a public trading pool. Many buyers treat this as a good sign, so it often brings a rush of new money.
- 5 min in6 wallets sold in the same second (about $34). People don't line up that exactly by chance, so it's usually bots or one operator.
- 6 min inIt was down 50% from its high: $30.2K to $11.3K market cap. ↗
- 6 min inIt was down 90% from its high: $30.2K to $3.0K market cap. ↗
Did GORZ see it coming?
☠ Risky · 39/100Yes. A few minutes after launch, GORZ rated it Risky.
The warning signs
Sniper bots: 2 wallets that snipe hundreds of launches bought in its first 2 blocksFast bots grabbed coins before regular people could, usually to sell them straight back.
Bundled supply: 69.3% 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.
Bundle tool: 8 wallets bought 69% in the first 3 seconds
Team bundle: The creator's own team bought 69.2% of supply at launch with 4 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.
Contract: EjxBjqY51qGWX3z58rUcJRDJsUpkEbT6ZqJfsoDWpump
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