$Magic — $45k to $3k
$Magic launched on , peaked at a market cap of $44,592, and ended at $2,734. That is a 93.9% drop from its peak. It lived 8 minutes.
The collapse
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 alive | 8 minutes |
| Peak market cap | $44,592 |
| Final market cap | $2,734 |
| Drop from peak | -93.9% |
| Value evaporated | $41,858 |
| Bundled supply at launch | 6.8% |
| Largest single holder | 6.2% of supply |
| Outcome class | rugged |
| RugHound risk score | 65 / 100 |
Did RugHound call it?
Flagged in advance
Yes. RugHound flagged $Magic at risk 65/100, 8 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-EAA8 has launched 1287 coins that we have seen. 26 of them have collapsed the same way.
It was bankrolled by funder FUNDER-9B71, which has funded 1 dev wallet across 1287 coins we have on record.
Other collapses from dev DEV-EAA8
Other collapses funded by FUNDER-9B71
The token
The mint address is public on-chain data:
EqFeQ1gh5SBh1mS2Bk8sEqg2PhSFMJwB9G4MxWK8pump
View on Solscan →