$SKHY: how it died
SK Hynix · Solana memecoin · checked 2026-11-07 11:15 UTC
$SKHY lost 99.4% of its value from a high of $312.0K.
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 minute6 wallets bought in the first seconds and got about 79.3% of all the coins. All of them bought in the same instant the coin was created, which takes planning.
- In the first minuteThe creator bought their own coin. $0.89 total · now holds ~0.0% of supply. ↗
- 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.
- In the first minuteA big buyer came in with $1.0K. ↗
- In the first minuteA big buyer came in with $1.7K. ↗
- 4 min in7 wallets sold in the same second. People don't line up that exactly by chance, so it's usually bots or one operator.
- 6 min inA big buyer sold everything, and came out $1.7K ahead. ↗
- 6 min inIt was down 50% from its high: $155.9K to $46.2K market cap. ↗
- 6 min in8 wallets sold in the same second (about $36). People don't line up that exactly by chance, so it's usually bots or one operator.
- 22 min inNew high: 2.0 times its price just after launch. ↗
- 27 min inIt was down 50% from its high: $312.0K to $106.1K market cap. ↗
- 33 min inIt was down 90% from its high: $312.0K to $14.9K market cap. ↗
- 33 min inThe creator bought their own coin. $0.90 total · now holds ~0.0% of supply. ↗
Did GORZ see it coming?
☠ Risky · 48/100Yes. A few minutes after launch, GORZ rated it Risky.
The warning signs
Bundled supply: 79.3% 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.
Wallet swarm: 8 wallets sold within the same secondMany wallets selling in the same second usually means bots or one operator, not separate people.
Buy swarm: 9 wallets bought the same size within the same second (bot swarm)Many wallets buying the same amount at the same moment is usually bots trying to make a coin look popular.
Team bundle: The creator's own team bought 79.3% of supply at launch with 6 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: tLEkZZNH95PYMnsF5RzYLXqkLF3fw21XgE9j3Kqpump
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