Rug replay
NagiChan: the first 3 hours, minute by minute
NagiChan the dancing dog on Solana, launched 27 October 2026 at 02:47 UK time. We recorded 3 hours of one-minute prices from 02:56. 5 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
5 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 1.
- Paid profile bought on DexScreener
DexScreener's own timestamp for the order.
Source: lab.db event (promo), 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 32514, minute 1. - Paid profile bought while up 10x in an hour
Paid profile bought 1 minute ago on DexScreener.
The price is up 930% over the last hour (10x).
Market value $29k, still on its launchpad bonding curve.
An hour later the price was 86% 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 0d3d156cd4d4, minute 1. - First check: grade B, no red flags foundSource: outcomes.db first_check, minute 1.
- Left the launchpad for a full trading poolSource: lab.db event (graduated), minute 1.
- 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 32522, minute 2. - Highest price in our minute bars, market value $33kSource: lab.db bar, computed, minute 2.
- Our grade changed 2 times in 9 minutes, ending at F
It moved between B, E and F as new checks came in, from 02:58 to 03:06.
Source: lab.db event (grade), 2 changes, minute 2. - Lost its clean grade: B to E
It was graded B for 1 minute before the drop to E.
What appeared: Already trading on an open pool, in its first hours.
Price from going clean to the drop: +18%.
Market value at the drop: $37.4k.
Source: findings.db finding b981543e28c6, minute 3. - Price fell below half its peak, 56% down
3 minutes after the peak.
Source: lab.db bar, computed, minute 5. - Liquidity fell 51% in 7 minutes, $14.5k to $7.1k
Liquidity went from $14.5k to $7.1k in 7 minutes.
The price moved -71% over the same time.
Market value is now $10.8k.
Source: findings.db finding 09e14b73b802, minute 9. - Linked insider wallets hold 12% of supply
RugCheck links 9 wallets in 1 group by shared funding.
Together they hold 12% of supply, about $1.3k at the current price.
Liquidity is $6.9k.
Source: findings.db finding 8fac6982ebca, minute 11. - Phase: Settling
No new low for 30 minutes, and the price range was narrowing.
Source: phase.db phase_log 32814, minute 68. - 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 32837, minute 74. - Phase: Quiet
Under $2,000 was traded in the past hour.
Source: phase.db phase_log 32947, minute 99. - 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
Our first check graded NagiChan B at 02:56 UK time, 10 minutes after launch and found no red flags. A clean first check does not make a coin safe.
The price first fell below half its peak at 03:01, 3 minutes after its highest point in our records. Before that, 3 of the 5 warning signs in this replay had appeared:
- 02:56 Paid profile bought while up 10x in an hour
- 02:58 Our grade changed 2 times in 9 minutes, ending at F
- 02:58 Lost its clean grade: B to E
2 more signs appeared after the fall began.
24 hours after launch: collapsed, 93% below the highest price we recorded.