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SKINWALKER: the first 4 hours, minute by minute

on Solana, launched 25 October 2026 at 01:00 UK time. We recorded 4 hours of one-minute prices from 01:07. 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
Minute 0 of 221
Latest warning signPress play to start the replay.

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

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

    DexScreener's own timestamp for the order.

    Source: lab.db event (promo), minute 1.
  3. First check: grade F, 1 warning sign

    5 wallets bought identical bags.

    Source: outcomes.db first_check, minute 1.
  4. 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 17851, minute 1.
  5. Paid profile bought while up 5.8x in an hour

    Paid profile bought 1 minute ago on DexScreener.

    The price is up 482% over the last hour (5.8x).

    Market value $21.4k, still on its launchpad bonding curve.

    An hour later the price was 82% 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 08c98e1a0881, minute 1.
  6. Left the launchpad for a full trading poolSource: lab.db event (graduated), minute 2.
  7. Highest price in our minute bars, market value $74.5kSource: lab.db bar, computed, minute 10.
  8. Price fell below half its peak, 63% down

    3 minutes after the peak.

    Source: lab.db bar, computed, minute 13.
  9. 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 17924, minute 13.
  10. Liquidity fell 52% in 5 minutes, $22.1k to $10.6k

    Liquidity went from $22.1k to $10.6k in 5 minutes.

    The price moved -77% over the same time.

    Market value is now $17.3k.

    Source: findings.db finding b8e765de622b, minute 16.
  11. Our grade changed 6 times in 10 minutes, ending at F

    It moved between A, B and F as new checks came in, from 01:37 to 01:47.

    Source: lab.db event (grade), 6 changes, minute 31.
  12. Lost its clean grade: A to F

    It was graded A for 10 minutes before the drop to F.

    What appeared: 3 wallets bought identical bags.

    Price from going clean to the drop: +0.6%.

    Market value at the drop: $6k.

    Source: findings.db finding 6ff8560787e1, minute 41.
  13. 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 18023, minute 46.
  14. Our grade changed 5 times in 6 minutes, ending at B

    It moved between A, B and F as new checks came in, from 01:28 to 01:34.

    Source: lab.db event (grade), 5 changes, minute 81.
  15. Phase: Settling

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

    Source: phase.db phase_log 18248, minute 88.
  16. 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 18249, minute 89.
  17. Phase: Quiet

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

    Source: phase.db phase_log 18488, minute 139.
  18. Our grade changed 2 times in 1 minute, ending at B

    It moved between A and B as new checks came in, from 02:36 to 02:37.

    Source: lab.db event (grade), 2 changes, minute 150.
  19. 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 18535, minute 150.
  20. Phase: Quiet

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

    Source: phase.db phase_log 18815, minute 208.
  21. Phase: Sliding

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

    Source: phase.db phase_log 18819, minute 210.
  22. 24 hours after launch: collapsed, 96% 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 SKINWALKER F at 01:07 UK time, 7 minutes after launch, with 1 warning sign:

5 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 01:20, 3 minutes after its highest point in our records. Before that, 2 of the 4 warning signs in this replay had appeared:

  • 01:07 First check: grade F, 1 warning sign
  • 01:07 Paid profile bought while up 5.8x in an hour

2 more signs appeared after the fall began.

24 hours after launch: collapsed, 96% below the highest price we recorded.

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