Rug replay

TRUMP2028: the first 21 hours, minute by minute

Trump 2028 on Solana, launched 27 October 2026 at 00:47 UK time. We recorded 21 hours of one-minute prices from 01:09. 8 warning signs lit up along the way, and 24 hours after launch it had collapsed.

Spiking
Cooling off
Sliding
Settling
Quiet
Warning sign
Serious sign or the fall
Other event

Minute 0 of 1248

Latest warning signPress play to start the replay.

8 warning signs in this replay.

1x plays one minute of the coin's life every second. Keys: Space plays or pauses, J and L jump 10 minutes, and the arrow keys move the slider one 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

Show phase changes and other minor events

We first saw it on our live boardSource: lab.db event (first_seen), minute 1.
Paid profile bought on DexScreener
DexScreener's own timestamp for the order.
Source: lab.db event (promo), minute 1.
First check: grade E, 2 warning signs
Already trading on an open pool, in its first hours.
16 wallets bought identical bags.
Source: outcomes.db first_check, minute 1.
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 32009, minute 1.
Paid profile bought while up 15x in an hour
Paid profile bought 1 minute ago on DexScreener.
The price is up 1,383% over the last hour (15x).
Market value $749k, liquidity $73k.
An hour later the price was 22% higher 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 8e61cf11ca6a, minute 1.
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 32122, minute 21.
Phase: Settling
No new low for 30 minutes, and the price range was narrowing.
A paid boost, profile or ad was bought in the hour before.
Source: phase.db phase_log 32264, minute 53.
Phase: Settling
No new low for 30 minutes, and the price range was narrowing.
Source: phase.db phase_log 32580, minute 125.
Phase: Settling
No new low for 30 minutes, and the price range was narrowing.
Source: phase.db phase_log 32874, minute 192.
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 32946, minute 205.
Phase: Settling
No new low for 30 minutes, and the price range was narrowing.
Source: phase.db phase_log 33187, minute 255.
Paid boost bought on DexScreener
DexScreener's own timestamp for the order.
Source: lab.db event (promo), minute 452.
Highest price in our minute bars, market value $1.5MSource: lab.db bar, computed, minute 452.
Price fell below half its peak, 53% down
8 minutes after the peak.
Source: lab.db bar, computed, minute 460.
Phase: Sliding
Each 20-minute low of the past hour was lower than the one before.
A paid boost, profile or ad was bought in the hour before.
Source: phase.db phase_log 34365, minute 497.
Liquidity fell 50% in 5 minutes, $52.4k to $25.9k
Liquidity went from $52.4k to $25.9k in 5 minutes.
The price moved -74% over the same time.
Market value is now $86.5k.
Source: findings.db finding 67d43be7ff8f, minute 605.
Phase: Settling
No new low for 30 minutes, and the price range was narrowing.
Source: phase.db phase_log 35109, minute 642.
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 35148, minute 661.
Phase: Sliding
Each 20-minute low of the past hour was lower than the one before.
Source: phase.db phase_log 36035, minute 804.
Linked insider wallets hold 28% of supply
RugCheck links 46 wallets in 7 groups by shared funding.
Together they hold 28% of supply, about $13k at the current price.
The largest single group holds 16%.
Liquidity is $19.7k.
Our read: a linked share this size can move the price on its own if it leaves at once.
Source: findings.db finding 152944f2fcdd, minute 808.
Lost its clean grade: A to C
It was graded A for 5.9 hours before the drop to C.
What appeared: Linked insider wallets hold 28% of supply.
Price from going clean to the drop: -97%.
Market value at the drop: $46.2k.
Source: findings.db finding f3ae421f7837, minute 809.
Liquidity fell 83% in 2 minutes, $28.4k to $4.9k
Liquidity went from $28.4k to $4.9k in 2 minutes.
The price moved -95% over the same time.
Market value is now $4.5k.
Source: findings.db finding a8108b8e120b, minute 832.
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 36300, minute 834.
18 same-size wallets sold or moved about $490 in 10 minutes
18 top wallets each held between 7.03M and 7.50M tokens (about 0.7% of supply each).
18 of them sold or moved their whole bag between our checks 10 minutes apart, about $27 each at the current price.
Our read: same-size bags selling together is a common sign of one group exiting.
Source: findings.db finding 141918f0f569, minute 838.
Phase: Settling
No new low for 30 minutes, and the price range was narrowing.
Source: phase.db phase_log 36411, minute 872.
Phase: Quiet
Under $2,000 was traded in the past hour.
Source: phase.db phase_log 36542, minute 891.
Phase: Sliding
Each 20-minute low of the past hour was lower than the one before.
Source: phase.db phase_log 37224, minute 1039.
Phase: Quiet
Under $2,000 was traded in the past hour.
Source: phase.db phase_log 37239, minute 1044.
Our grade changed from C to BSource: lab.db event (grade), 1 change, minute 1058.
Lost its clean grade: B to C
It was graded B for 10 minutes before the drop to C.
What appeared: Linked insider wallets hold 28% of supply.
Price from going clean to the drop: -1.1%.
Market value at the drop: $3.3k.
Source: findings.db finding 12bc54c232cf, minute 1069.
Phase: Quiet
Under $2,000 was traded in the past hour.
Source: phase.db phase_log 38088, minute 1239.
24 hours after launch: collapsed, 99.8% 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

Our first check graded TRUMP2028 E at 01:09 UK time, 22 minutes after launch, with 2 warning signs:

Already trading on an open pool, in its first hoursOf the 1,720 coins we first checked after they reached an open pool, 91% collapsed within a day, against 13% of the 4,299 coins still on a launchpad curve, whatever else we found. That risk counts towards this grade.

16 wallets bought identical bagsSame-size bags in several top wallets usually means one team bought at launch across many wallets (a bundle).

The price first fell below half its peak at 08:49, 8 minutes after its highest point in our records. Before that, 2 of the 8 warning signs in this replay had appeared:

01:09 First check: grade E, 2 warning signs
01:09 Paid profile bought while up 15x in an hour

6 more signs appeared after the fall began.

24 hours after launch: collapsed, 99.8% below the highest price we recorded.

See the TRUMP2028 rug check More rug replays How our checks work

Not financial advice. Memecoins are extremely high risk and most go to zero. This replay shows public on-chain data and our own records at the times shown. It describes what wallets did, not anyone's intentions, and it is not a prediction for any other coin. Report a mistake