Kimchi: the first 4 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. 22:07
   We first saw it on our live boardSource: lab.db event (first_seen), minute 0.
2. 22:07
   Paid profile bought on DexScreener

   DexScreener's own timestamp for the order.

   Source: lab.db event (promo), minute 0.
3. 22:07
   1% fee on every transfer

   1% of every trade and transfer goes to whoever controls the fee.

   Market value $78.4k, liquidity $25.7k.

   Source: findings.db finding aab709d53e1d, minute 0.
4. 22:07
   First check: grade F, 3 warning signs

   4 wallets bought identical bags.

   1% fee on every transfer.

   Linked insider wallets hold 7% of supply.

   Source: outcomes.db first_check, minute 0.
5. 22:11
   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 1721, minute 4.
6. 22:11
   Paid profile bought while up 4.0x in an hour

   Paid profile bought 4 minutes ago on DexScreener.

   The price is up 299% over the last hour (4.0x).

   Market value $170k, liquidity $38.4k.

   This is a copycat: an older coin called Kimchi came first.

   An hour later the price was 7.6% 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 c419ba03cd47, minute 4.
7. 22:13
   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 1726, minute 6.
8. 22:23
   Highest price in our minute bars, market value $431kSource: lab.db bar, computed, minute 15.
9. 22:28
   Linked insider wallets hold 11% of supply

   RugCheck links 789 wallets in 4 groups by shared funding.

   Together they hold 11% of supply, about $28.1k at the current price.

   The largest single group holds 6.9%.

   Liquidity is $48.2k.

   This is a copycat: an older coin called Kimchi came first.

   Source: findings.db finding 2af06859266a, minute 20.
10. 22:43
    Price fell below half its peak, 57% down

    20 minutes after the peak.

    Source: lab.db bar, computed, minute 35.
11. 23:09
    Phase: Settling

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

    Source: phase.db phase_log 1958, minute 62.
12. 23:14
    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 1976, minute 67.
13. 23:19
    Phase: Sliding

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

    Source: phase.db phase_log 1992, minute 72.
14. 23 Oct 00:20
    Phase: Sliding

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

    Source: phase.db phase_log 2250, minute 132.
15. 23 Oct 21:56
    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