$Spinning Apple Theory
Solana
First logged · last seen trading
- Market cap
- $32.1K
- 62% of $51.8K peak
- Liquidity
- $14.8K
- 46% of market cap
- Top 10 hold
- 40.0%
- pools left out
- First logged at
- $56.6K
- 5 Oct, 11:09 UTC
- Since then
- 0.6x
- 38% off the peak
- Logged
- 7 h ago
- Trading
Am I early?
No. The launch group is already selling.
- 0.6xfrom $56.6K, where we first logged it 7 h ago.
- 62%of its $51.8K peak.
- 13/13launch wallets bought as one group, and they are selling.
What's my risk?
High. The contract is clean; the people behind the launch have a rug record.
Nobody can create more of it or freeze your wallet, 100% of the liquidity is locked.
Top 10 wallets hold 40.0%.
RugCheck links 4 of its holder wallets to each other.
13 of the 13 launch wallets bought as one group: 13 buying in the same slot, 3 paying identical minimum fees.
The creator wallet (8ExM…VArs) has launched 190 tokens counting this one (GMGN's count), 16 of them graduated. We saw 5 earlier launches ourselves; none counted as a rug. Its best token reached $579K ($DeFlock).
The wallet that funded launch buyers here funded earlier rugs too (they peaked around $162K).
A wallet in this launch has funded 75 earlier rugs.
$14.8K of liquidity, 46% of the market cap.
Found 1 scam account(s).
Bundle
Did insiders load the launch, and are they still in?
13 wallets bought in the first 0 seconds. 13 of them bought as one group: 13 buying in the same slot, 3 paying identical minimum fees. They have sold 96% of what they bought.
13/13
launch wallets bought as one group
24.9 SOL
spent by the 13 launch wallets
2.0%
of supply still held by the group
| Launch wallet | After launch | Spent |
|---|---|---|
| 8ExM…VArscreator | 0 s | 15.15 SOL |
| FwjY…V7ft | 0 s | 1.00 SOL |
| 34FC…uB3Q | 0 s | 1.50 SOL |
| ErxL…NMzQ | 0 s | 1.50 SOL |
| 2mqr…jwdYseen in 278 earlier rugs | 0 s | 3.02 SOL |
| AEgT…hdCsseen in 46 earlier rugs | 0 s | 1.53 SOL |
| CWiN…3S2Jseen in 49 earlier rugs | 0 s | 1.01 SOL |
| 8y5x…Th7Wseen in 20 earlier rugs | 0 s | 0.10 SOL |
Shared funder: Axio…Ubnc paid more than one of these wallets.
Launch read 5 Oct, 11:10 UTC. We read who bought, not what each still holds.
Holders
Who holds it now?
It's fairly concentrated. The top 10 wallets hold 40.0% between them.
40.0%
held by the top 10 wallets
0.0%
held by the creator's wallet
4
holder wallets RugCheck links to each other
Pools are not people, so the top 10 leaves them out.
Early money & smart money
Is smart money in?
2 funder wallets we track paid launch wallets here; the same wallet funded earlier rugs.
Evidence
Can the contract trap me?
Nothing in the contract lets the dev print more, freeze you or pull the pool.
Mint authority revoked
Freeze authority revoked
Liquidity 100% locked
GMGN: community takeover — the original creator left
GMGN: 12 smart-money wallets and 1 well-known trader among the wallets that traded it
Every launch read, with what it found (11)
Same funder as prior rug(s): AxiomRYA... 2.1% supply, 1.5 SOL invested, breakeven ~73 SOL MC, prior rugs peaked ~$162K
Same-slot buys detected: 13/13 buyers, 44.8% supply, 24.9 SOL, entered 0.0s after launch
Bundler dumped into launch: 2 coordinated wallet(s) sold within 5 min: 2mqrin… sold 30%, CWiNFA… sold 100%
Uniform minimum fees: 3 wallets paying identical minimum fees — programmatic bundle
Funding unresolved: 9/13 wallets
Single funder controls significant supply: Tynin7Xm... holds 33.1% supply via 1 buyer(s)
Funder profits at low MC: Cp87xnr5... breakeven ~87 SOL MC (3.5% supply, 3.0 SOL invested)
Bundle is stuck — can't exit without crashing price: Tynin7Xm... holds 33.1% supply. Selling drops price ~33%.
Wallet(s) funded 75 prior rug(s) (PumpPill-verified): 1 wallet(s)
Same funder wallet linked to prior token(s) — 43 prior token(s), best peaked ~$50,000,000 (high-runway funder).
Scam wallet flagged BUT Trapped/Stuck — reduced risk: Pushed by actors with @stackppr (promoted 6 other rugged tokens); Wallet recycling: 1 wallet(s): funded 75 prior rug(s)
Deeper reads· beta
Could the launch group get out?
Still being tuned. Read the sections above first.
The launch group is stuck: its size is large against the pool.
No flow read in the last two hours.
Get the next call on Telegram — every alert, 30 minutes after members. The moment it fires, $99 a month.
Check another one
Paste any contract address on Solana or Robinhood Chain.
Socials & X
Who's talking about it?
15 repeat-poster accounts. Posted between 4 Oct 00:39 and 11:35 UTC:
Record = how that account's earlier calls went; “none yet” until it has enough scored calls. Who posts is attention, not a reason to buy.
We search X for the full contract address, never the ticker, and sample it: a post we did not see is not proof nobody posted it.