NI: the first 5 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. 00:54
   We first saw it on our live boardSource: lab.db event (first_seen), minute 0.
2. 00:54
   Paid profile bought on DexScreener

   DexScreener's own timestamp for the order.

   Source: lab.db event (promo), minute 0.
3. 00:54
   Paid profile bought while up 6.2x in an hour

   Paid profile bought 1 minute ago on DexScreener.

   The price is up 522% over the last hour (6.2x).

   Market value $19.4k, still on its launchpad bonding curve.

   An hour later the price was 568% 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 09283b39cb42, minute 0.
4. 00:54
   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 17703, minute 0.
5. 00:54
   First check: grade B, no red flags foundSource: outcomes.db first_check, minute 0.
6. 01:29
   Left the launchpad for a full trading poolSource: lab.db event (graduated), minute 35.
7. 01:30
   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 17964, minute 36.
8. 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 17975, minute 39.
9. 01:57
   Highest price in our minute bars, market value $149kSource: lab.db bar, computed, minute 63.
10. 01:59
    Our grade changed from B to ASource: lab.db event (grade), 1 change, minute 66.
11. 01:00
    Price fell below half its peak, 67% down

    3 minutes after the peak.

    Source: lab.db bar, computed, minute 66.
12. 01:01
    Liquidity fell 56% in 4 minutes, $31.2k to $13.6k

    Liquidity went from $31.2k to $13.6k in 4 minutes.

    The price moved -81% over the same time.

    Market value is now $28.2k.

    Source: findings.db finding 4f2a169659e0, minute 67.
13. 01:28
    Our grade changed 2 times in 6 minutes, ending at F

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

    Source: lab.db event (grade), 2 changes, minute 95.
14. 01:35
    Lost its clean grade: B to F

    It was graded B for 1.7 hours before the drop to F.

    What appeared: 3 wallets bought identical bags; Very thin liquidity.

    Price from going clean to the drop: -69%.

    Market value at the drop: $5.8k.

    Source: findings.db finding d45c6a1b82e0, minute 102.
15. 01:49
    Phase: Sliding

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

    Source: phase.db phase_log 18280, minute 116.
16. 02:00
    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 18324, minute 126.
17. 02:05
    Our grade changed from F to BSource: lab.db event (grade), 1 change, minute 131.
18. 02:12
    Phase: Settling

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

    Source: phase.db phase_log 18406, minute 138.
19. 02:35
    Phase: Quiet

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

    Source: phase.db phase_log 18533, minute 162.
20. 02:53
    Phase: Sliding

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

    Source: phase.db phase_log 18590, minute 179.
21. 23:27
    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