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

$FORMER — $264k to $2k

$FORMER launched on , peaked at a market cap of $263,939, and ended at $1,529. That is a 99.4% drop from its peak. It lived 2h 25m.

Peak market cap$264k
Market cap now$2k
Drop from peak-99.4%
Time alive2h 25m

The collapse

launch · peak $264klast 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$FORMER
First seen
Collapsed
Time alive2h 25m
Peak market cap$263,939
Final market cap$1,529
Drop from peak-99.4%
Value evaporated$262,410
Bundled supply at launch2.8%
Largest single holder1.7% of supply
Outcome classrugged
RugHound risk score64 / 100

Did RugHound call it?

Flagged in advance

Yes. RugHound flagged $FORMER at risk 64/100, 2h 25m 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-71EF has launched 1 coin that we have seen. This was the first one we tracked from it.

It was bankrolled by funder FUNDER-FF0E, which has funded 1 dev wallet across 1 coin we have on record.

The token

The mint address is public on-chain data:

P3KW9c2SLG2k26jW9pZ2rB9omho726aUxjNe68npump

View on Solscan →