$THE1: how it died
THEONE · Solana memecoin · checked 2026-11-13 15:25 UTC
$THE1 lost 98% of its value from a high of $77.9K.
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. $69 total · now holds ~3.0% of supply. ↗
- In the first minute10 wallets bought in the first seconds and got about 32.8% of all the coins. 8 of them bought in the same instant the coin was created, which takes planning.
- In the first minute15 wallets bought 34% of the supply in the first 3 seconds. Buying this much this fast rarely happens by chance.
- In the first minute6 wallets sold in the same second (about $31). People don't line up that exactly by chance, so it's usually bots or one operator.
- 2 min inIt 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.
- 6 min inNew high: 3.0 times its price just after launch. ↗
- 7 min in10 wallets sold in the same second (about $253). People don't line up that exactly by chance, so it's usually bots or one operator. It happened 2 times.
- 10 min inIt was down 50% from its high: $77.9K to $22.8K market cap. ↗
- 10 min inIt was down 90% from its high: $77.9K to $7.8K market cap. ↗
- 11 min in145 wallets sold in the same second (about $8,694). People don't line up that exactly by chance, so it's usually bots or one operator. It happened 2 times.
- 1.5 hr inThe launch bundle has sold 66% of what it bought. Those coins were bought cheapest, so they can be sold at a profit almost all the way down.
Did GORZ see it coming?
☠ Risky · 20/100Yes. A few minutes after launch, GORZ rated it Risky.
The warning signs
Snipers: 10 wallets bought within 3 slotsFast bots grabbed coins before regular people could, usually to sell them straight back.
Bundled supply: 32.5% 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: 15 wallets bought 34% in the first 3 seconds · they sold 66%
Wallet swarm: 11 wallets sold within the same secondMany wallets selling in the same second usually means bots or one operator, not separate people.
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: FKyxqjQcJW81sBcWpAhL1raMJSQNBKgTV5ECK3GDpump
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