$PENGU: how it died

FROSTPENGU · Solana memecoin · checked 2026-11-06 04:36 UTC

$PENGU lost 99.8% of its value from a high of $178.7K.

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 minuteNobody rushed in during the first seconds.
In the first minuteThe creator bought their own coin. $6.17 total · now holds ~0.2% of supply. ↗
1 min inIt was down 50% from its high: $2.6K to $897 market cap. ↗
2 min inThe creator bought their own coin. $18 total · now holds ~0.4% of supply. ↗
2 min inIt was down 50% from its high: $12.6K to $5.7K market cap. ↗
3 min inIt was down 50% from its high: $70.0K to $32.7K market cap. ↗
3 min inIt was down 50% from its high: $178.7K to $80.4K market cap. ↗
4 min inIt was down 90% from its high: $178.7K to $15.1K market cap. ↗
5 min inNew high: 7.4 times its price just after launch. ↗
5 min inIt was down 90% from its high: $178.7K to $11.5K market cap. ↗

⚠️ Caution · 44/100

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

Serial deployerThis wallet has made a lot of coins in a short time.

Creator history: 19 launches seen from this walletThis creator has launched many coins before.

Mass launcher: This creator launched 177 coins in the last few daysThis wallet makes coins in bulk. Coins made that way rarely last.

The creator wallet: GORZ has results for 45 other coins from this wallet. 19 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.

Nobody called this one. New coins show up in Rug or Rocket every few minutes.

Contract: uy9SJMmFreEqdz9u4i23T85izJjbPqq6ALPpcNtpump

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