Rug replay
mem0x: the first 3 hours, minute by minute
on Solana, launched 26 October 2026 at 02:13 UK time. We recorded 3 hours of one-minute prices from 02:30. 4 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
4 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
- We first saw it on our live boardSource: lab.db event (first_seen), minute 0.
- Paid profile bought on DexScreener
DexScreener's own timestamp for the order.
Source: lab.db event (promo), minute 0. - 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 25293, minute 1. - Paid profile bought while up 4.9x in an hour
Paid profile bought 1 minute ago on DexScreener.
The price is up 393% over the last hour (4.9x).
Market value $14.2k, still on its launchpad bonding curve.
An hour later the price was 79% 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 66a98163dc08, minute 1. - First check: grade F, 1 warning sign
5 wallets bought identical bags.
Source: outcomes.db first_check, minute 1. - Left the launchpad for a full trading poolSource: lab.db event (graduated), minute 2.
- Phase: Quiet
Under $2,000 was traded in the past hour.
A paid boost, profile or ad was bought in the hour before.
Source: phase.db phase_log 25304, minute 2. - Our grade changed from F to BSource: lab.db event (grade), 1 change, minute 12.
- Highest price in our minute bars, market value $180kSource: lab.db bar, computed, minute 15.
- 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 25371, minute 17. - Price fell below half its peak, 62% down
5 minutes after the peak.
Source: lab.db bar, computed, minute 20. - Lost its clean grade: B to F
It was graded B for 10 minutes before the drop to F.
What appeared: 5 wallets bought identical bags.
Price from going clean to the drop: -39%.
Market value at the drop: $63.5k.
Source: findings.db finding d89f4fee6438, minute 22. - Liquidity fell 60% in 9 minutes, $35.3k to $14.1k
Liquidity went from $35.3k to $14.1k in 9 minutes.
The price moved -82% over the same time.
Market value is now $33.1k.
Source: findings.db finding fe0a76cbc290, minute 25. - Phase: Sliding
Each 20-minute low of the past hour was lower than the one before.
Source: phase.db phase_log 25606, minute 73. - 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 25726, minute 100. - Phase: Settling
No new low for 30 minutes, and the price range was narrowing.
Source: phase.db phase_log 25760, minute 110. - Phase: Spiking
The price was at least 3x its lowest point of the past hour.
Source: phase.db phase_log 25850, minute 129. - 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 26023, minute 162. - Phase: Settling
No new low for 30 minutes, and the price range was narrowing.
Source: phase.db phase_log 26149, minute 193. - 24 hours after launch: collapsed, 98% 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 mem0x F at 02:30 UK time, 17 minutes after launch, with 1 warning sign:
The price first fell below half its peak at 02:50, 5 minutes after its highest point in our records. Before that, 2 of the 4 warning signs in this replay had appeared:
- 02:30 Paid profile bought while up 4.9x in an hour
- 02:30 First check: grade F, 1 warning sign
2 more signs appeared after the fall began.
24 hours after launch: collapsed, 98% below the highest price we recorded.