$PIT: how it died

Peptivest · Solana memecoin · checked 2026-11-09 03:46 UTC

No single seller

$PIT lost 99.9% of its value from a high of $105.4K.

The profit was spread out. The 3 biggest winners made only 44% 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 2 portions over 2 min, the biggest $45.

$202lost by 17 wallets

$204made by 17 wallets

44%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

$5.5Kearly on$105.4Khigh, 1 min in$919 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 $204 ahead in total. Here's who that was.

Everyone elseRegular buyers and sellers$15777% · 13 wallets

Wallets with free coinsSold coins GORZ never saw them buy, so the coins were probably sent to them$2814% · 3 wallets

First-second buyersBought in the first moments, before most people could see the coin$2010% · 1 wallet

How the biggest winners sold

The biggest winners sold within the same 10 seconds 5 separate times, up to 3 of them at once.

#1 Trader +$35

#2 Trader +$30

#3 Trader +$25

#4 First-second buyer +$20

#5 Trader +$19

0m1m2m3m

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.

3 of the 5 biggest winners sold a bit at a time. That keeps the price from dropping all at once, so new buyers keep coming in while it happens. Selling everything in one go hits the price harder.

DoXK…SAEXTrader+$35put in $10, took out $45

Sold in 2 portions over 2 min, the biggest $45

bawW…urTDTrader+$30put in $98, took out $128

Sold in 2 portions over 49 sec, about $59 each

w6fe…awMxTrader+$25put in $88, took out $114

Sold in 3 portions over 2 min, about $37 each

FTez…hbMgFirst-second buyer+$20put in $10, took out $30

Sold in one go

E1gj…NbtLTrader+$19put in $30, took out $49

Sold in 5 portions over 2 min, about $10 each

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 minuteThe creator bought their own coin. $8.67 total · now holds ~0.4% of supply. ↗
In the first minuteNobody rushed in during the first seconds.
1 min inNew high: 2.3 times its price just after launch. ↗
1 min inIt was down 50% from its high: $172.8K to $53.1K market cap. ↗
2 min inIt was down 50% from its high: $173.4K to $72.4K market cap. ↗
2 min inIt was down 50% from its high: $174.0K to $54.8K market cap. ↗
2 min inIt was down 90% from its high: $174.0K to $17.0K market cap. ↗
5 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.

Did GORZ see it coming?

⚠️ Caution · 60/100

Partly. A few minutes after launch, GORZ rated it Caution: some warning signs, but not its worst rating.

The warning signs

Volume bot: 95% of the volume came from a few wallets buying and selling over and overWallets traded back and forth to make the coin look busier than it was.

Trading pattern: 26 wallets made 389 trades in 5 min (wash trading pattern)The activity looked fake: lots of tiny trades and very little real money.

1-hour odds: Pumped fast to $18.1K in 3 min: about 3 in 10 coins like this fell 80%+ within the hour

Sniper bots: 22 early buyers are bots that snipe many launchesFast bots grabbed coins before regular people could, usually to sell them straight back.

Have they done this before?

The creator wallet: GORZ has results for 1 other coin from this wallet. 0 of them died within an hour.

A pattern in public on-chain data, not a claim about who owns these wallets.

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: GbkhXN6578f4niVF91XniMsmQAHViwkrRkrPiXh6pump

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