POLYMEME: the first 4 hours, minute by minute

Prices are our own one-minute records. Buys vs sells are counts of trades in the past 5 minutes, not dollars. Times are UK time. Where our live records had a gap, we used the coin's case file or DexScreener prices every 2 minutes; each event names its source.

Every event, with its time and source

1. 01:12
   We first saw it on our live boardSource: lab.db event (first_seen), minute 0.
2. 01:12
   Paid profile bought on DexScreener

   DexScreener's own timestamp for the order.

   Source: lab.db event (promo), minute 0.
3. 01:12
   First check: grade B, no red flags foundSource: outcomes.db first_check, minute 0.
4. 01:12
   Phase: Spiking

   The price was at least 3x its lowest point of the past hour.

   A paid boost, profile or ad was bought in the hour before.

   Source: phase.db phase_log 39038, minute 0.
5. 01:12
   Paid profile bought while up 4.1x in an hour

   Paid profile bought 1 minute ago on DexScreener.

   The price is up 314% over the last hour (4.1x).

   Market value $12.4k, still on its launchpad bonding curve.

   An hour later the price was 58% lower than when we logged this.

   Our read: paid attention arriving after a 3x move gives the early holders a crowd to exit into.

   Source: findings.db finding 55cab2d48bdd, minute 0.
6. 01:22
   Lost its clean grade: B to C

   It was graded B for 10 minutes before the drop to C.

   What appeared: 3 wallets bought identical bags.

   Price from going clean to the drop: +40%.

   Market value at the drop: $17.4k.

   Source: findings.db finding 7676959988cf, minute 11.
7. 01:33
   Phase: Cooling off

   The price was 20% or more below a high set in the past hour, after a run up.

   A paid boost, profile or ad was bought in the hour before.

   Source: phase.db phase_log 39120, minute 21.
8. 01:46
   Highest price in our minute bars, market value $38.5kSource: lab.db bar, computed, minute 34.
9. 01:46
   Left the launchpad for a full trading poolSource: lab.db event (graduated), minute 35.
10. 01:47
    Our grade changed from C to ESource: lab.db event (grade), 1 change, minute 36.
11. 01:53
    Price fell below half its peak, 53% down

    7 minutes after the peak.

    Source: lab.db bar, computed, minute 41.
12. 01:55
    Liquidity fell 51% in 8 minutes, $13.8k to $6.8k

    Liquidity went from $13.8k to $6.8k in 8 minutes.

    The price moved -70% over the same time.

    Market value is now $10.3k.

    Source: findings.db finding dc856a0fb313, minute 44.
13. 02:11
    Our grade changed 2 times in 1 minute, ending at E

    It moved between E and F as new checks came in, from 02:11 to 02:12.

    Source: lab.db event (grade), 2 changes, minute 60.
14. 02:22
    Phase: Sliding

    Each 20-minute low of the past hour was lower than the one before.

    Source: phase.db phase_log 39310, minute 71.
15. 02:39
    Phase: Cooling off

    The price was 20% or more below a high set in the past hour, after a run up.

    Source: phase.db phase_log 39388, minute 87.
16. 02:47
    Phase: Settling

    No new low for 30 minutes, and the price range was narrowing.

    Source: phase.db phase_log 39425, minute 96.
17. 03:33
    Our grade changed from E to FSource: lab.db event (grade), 1 change, minute 142.
18. 03:40
    Phase: Sliding

    Each 20-minute low of the past hour was lower than the one before.

    Source: phase.db phase_log 39641, minute 149.
19. 03:43
    Our grade changed from F to ESource: lab.db event (grade), 1 change, minute 152.
20. 03:57
    Phase: Quiet

    Under $2,000 was traded in the past hour.

    Source: phase.db phase_log 39716, minute 166.
21. 29 Oct 00:54
    24 hours after launch: collapsed, 93% below the highest price we recorded

    Collapsed: the price was under a tenth of its peak, or liquidity was under $1,000 outside the launchpad.

    Source: outcomes.db outcomes.out24_status, after our minute bars end.

What the check showed before the fall