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PICKAXE rug check: grade E

Pickaxe on Solana, graded E from on-chain evidence on 23 October 2026: 2 warning signs.

E

2 warning signs found. Read the evidence before you do anything.

We found serious warning signs. Coins like this often lose most of their value quickly.

Market value$3.0k
LiquidityStill on launchpad
Last 5 min-
Last hour-
Buys vs sells, 5 min-
24h volume$33.1k

Loading live numbers.

Buys vs sells are counts of trades, not dollars: a few large sells can outweigh hundreds of small buys.

Why this grade

One wallet holds 92% of supplyHow much of the coin the single biggest holder owns. If one wallet owns a big slice and sells it all at once, the price can crash.
Top 10 wallets hold 100%How much the ten biggest holders own between them. The more they own, the more a few people can move the price.

Holders and token settings

Holders95
Top wallet91.6%
Top 10 wallets99.8%
Dev still holds0.0%
Matching bags1
Linked insiders0
LiquidityLocked or on launchpad
Mint authoritySwitched off
Freeze authoritySwitched off

Checked 23 October 2026. Pools, lockers and market accounts excluded.

What happened since

When we first saw PICKAXE its price was $0.0₄1916. The latest price we recorded is $0.0₅3040 (-84% since first seen), 88% below the highest price we recorded. Since we flagged it, the price has moved -84%.

Creator wallet

J1Q73JcH8vt4VXbrDQnNTFZ1BHuGXy56WMqVHUniAqExSolscan

This is the only coin we've seen from its creator wallet. On-chain history, not a judgement of whoever controls the wallet.

Contract address

BM58dq6a8Sc3t9tmaNujrLKwQAdqF35REjKcTsSU1XxS
Evidence, not an accusation. This grade summarises public on-chain data at the time we checked. It is not a claim about anyone's intentions. Report a mistake