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

$Elon — $23k to $2k

$Elon launched on , peaked at a market cap of $23,159, and ended at $1,554. That is a 93.3% drop from its peak. It lived 1h 3m.

Peak market cap$23k
Market cap now$2k
Drop from peak-93.3%
Time alive1h 3m

The collapse

launch · peak $23klast 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$Elon
First seen
Collapsed
Time alive1h 3m
Peak market cap$23,159
Final market cap$1,554
Drop from peak-93.3%
Value evaporated$21,605
Bundled supply at launch0.3%
Largest single holder0.1% of supply
Outcome classrugged
RugHound risk score76 / 100

Did RugHound call it?

Flagged in advance

Yes. RugHound flagged $Elon at risk 76/100, 1h 3m 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-E511 has launched 5 coins that we have seen. 4 of them have collapsed the same way.

It was bankrolled by funder FUNDER-C4FE, which has funded 1 dev wallet across 5 coins we have on record.

Other collapses from dev DEV-E511

Other collapses funded by FUNDER-C4FE

The token

The mint address is public on-chain data:

kQJWyJCEMbvj8HSCkMA5CdX71vGWNZJgWwbLz7dpump

View on Solscan →