Live Solana memecoin radar$OCTAGON: how it died
OctagonBriefingRoom · Solana memecoin · checked 2026-11-09 16:58 UTC
$OCTAGON lost 97% of its value from a high of $58.8K.
Just 3 wallets made $7.1K, 97% of all the profit, while 13 wallets lost money.
The biggest winner sold in 5 portions over 2 min, the biggest $7.2K.
The rise and fall
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 $7.3K ahead in total. Here's who that was.
How the biggest winners sold
2 of the 5 biggest winners sold within the same 10 seconds, 10 min after the first trade.
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.
1 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.
Sold in 5 portions over 2 min, the biggest $7.2K
Sold in one go
Sold in 2 portions over 44 sec, about $45 each
Sold in one go
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 minute2 wallets bought in the first seconds and got about 0.4% of all the coins.
- In the first minuteThe creator bought their own coin. $5.1K total · now holds ~71.2% of supply. ↗
- 10 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.
- 10 min in8 wallets sold in the same second (about $702). People don't line up that exactly by chance, so it's usually bots or one operator. It happened 3 times.
- 17 min inNew high: 2.0 times its price just after launch. ↗
- 21 min inIt was down 50% from its high: $58.8K to $13.6K market cap. ↗
- 21 min inIt was down 90% from its high: $58.8K to $3.2K market cap. ↗
Did GORZ see it coming?
⚠️ Caution · 77/100Partly. A few minutes after launch, GORZ rated it Caution: some warning signs, but not its worst rating.
The warning signs
Have they done this before?
- The creator wallet: GORZ has results for 1 other coin from this wallet. 1 of them died within an hour.
- The team: GORZ links this launch to OP-DF082F. 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.
Contract: HjyrChoYcaoNgFrKQbzvtrypYhimRQ6YhDLnWCBgpump
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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