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

$Magic — $17k to $59

$Magic launched on , peaked at a market cap of $16,753, and ended at $59. That is a 99.6% drop from its peak. It lived 9 days 13h.

Peak market cap$17k
Market cap now$59
Drop from peak-99.6%
Time alive9 days 13h

The collapse

launch · peak $17klast seen ·

Market-cap timeline reconstructed from 2 snapshots RugHound took while the coin was live. Rendered as plain SVG — no scripts needed.

What the data shows

Symbol$Magic
First seen
Collapsed
Time alive9 days 13h
Peak market cap$16,753
Final market cap$59
Drop from peak-99.6%
Value evaporated$16,694
Bundled supply at launch48.1%
Largest single holder47.9% of supply
Outcome classdead
RugHound risk score69 / 100

Did RugHound call it?

Flagged in advance

Yes. RugHound flagged $Magic at risk 69/100, 9 days 13h 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-455E has launched 353 coins that we have seen. 142 of them have collapsed the same way.

Other collapses from dev DEV-455E

The token

The mint address is public on-chain data:

5c3uaYUZ9UaVQ2oHtjjp9xcH66uvG3RJdCTWSAKhpump

View on Solscan →