The Rug Museum Every rug we have on record, kept permanently. By RugHound · NewDevOnTheBloc.

$bitcoin — $27k to $15

$bitcoin launched on , peaked at a market cap of $26,983, and ended at $15. That is a 99.9% drop from its peak. It lived 12 minutes.

Peak market cap$27k
Market cap now$15
Drop from peak-99.9%
Time alive12 minutes

The collapse

launch · peak $27klast seen ·

Market-cap timeline reconstructed from 3 snapshots RugHound took while the coin was live. Rendered as plain SVG — no scripts needed.

What the data shows

Symbol$bitcoin
First seen
Collapsed
Time alive12 minutes
Peak market cap$26,983
Final market cap$15
Drop from peak-99.9%
Value evaporated$26,968
Bundled supply at launch37.9%
Largest single holder15.9% of supply
Outcome classrugged
RugHound risk score99 / 100

Did RugHound call it?

Flagged in advance

Yes. RugHound flagged $bitcoin at risk 99/100, 12 minutes before it collapsed. The warning was on the board on , while the coin was still up.

Who was behind it

We never publish wallet addresses. Wallets get a stable anonymous codename so you can follow the same actor across coins.

The dev wallet DEV-CD1E has launched 82 coins that we have seen. 27 of them have collapsed the same way.

Other collapses from dev DEV-CD1E

The token

The mint address is public on-chain data:

G2GDLpZxXDPbc6Et3ZFHRju35bSga4S1kA5xR2Djpump

View on Solscan →