$Magic — $22k to $2k
$Magic launched on , peaked at a market cap of $21,878, and ended at $2,405. That is a 89.0% 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 | $21,878 |
| Final market cap | $2,405 |
| Drop from peak | -89.0% |
| Value evaporated | $19,473 |
| Bundled supply at launch | 2.8% |
| Largest single holder | 2.0% of supply |
| Outcome class | rugged |
| RugHound risk score | 45 / 100 |
Did RugHound call it?
Not flagged
No. RugHound did not flag this one. We scored $Magic at risk 45/100, below our 60/100 at-risk line, so no warning went out before it collapsed.
We log our misses as loudly as our hits. The hit rate on the museum index counts this page against us.
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-788E has launched 14436 coins that we have seen. 346 of them have collapsed the same way.
Other collapses from dev DEV-788E
The token
The mint address is public on-chain data:
J6CK7hR6igMThmNSnJZYrPej1V9VHioJbdy5u4PuChyu
View on Solscan →