$DERP: how it died

DERPCAT · Solana memecoin · checked 2026-10-29 18:16 UTC

$DERP stopped trading within the hour.

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. $40 total · now holds ~1.4% of supply. ↗

Did GORZ see it coming?

☠ Risky · 28/100

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

The warning signs

Few buyers yet: most coins like this go quiet within the hour

Mass launcher: This creator launched 75 coins in the last few daysThis wallet makes coins in bulk. Coins made that way rarely last.

Repeat launcher: OP-25EBC3: the same team (creator and bundle wallets) launched 75 coins; 93% of the graded ones dumpedThe same people look to be behind other coins, and most of those died.

1-hour odds: Still near launch price ($4.7K) with few buyers: about 7 in 10 coins like this went quiet within the hour

Have they done this before?

The creator wallet: GORZ has results for 29 other coins from this wallet. 27 of them died within an hour.
The team: GORZ links this launch to OP-25EBC3. Its case file lists their other coins.

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: HLbsVDivsofjauUzcnLmvUQP8dhG2D2Sk4ouZ1CSpump

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GORZ grades are automatic checks of on-chain data at one moment. They can be wrong, and nothing here is financial advice. All coin checks · How to spot a rug · Safety guides · Arcade · Rug or Rocket · Paper trading