$magnet — $22k to $2k
$magnet launched on , peaked at a market cap of $22,057, and ended at $2,219. That is a 89.9% drop from its peak. It lived 5 days 22h.
The collapse
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 | $magnet |
|---|---|
| First seen | |
| Collapsed | |
| Time alive | 5 days 22h |
| Peak market cap | $22,057 |
| Final market cap | $2,219 |
| Drop from peak | -89.9% |
| Value evaporated | $19,838 |
| Bundled supply at launch | 3.0% |
| Largest single holder | 1.3% of supply |
| Outcome class | rugged |
| RugHound risk score | 28 / 100 |
Did RugHound call it?
Not flagged
No. RugHound did not flag this one. We scored $magnet at risk 28/100, 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-A83F has launched 375 coins that we have seen. 17 of them have collapsed the same way.
It was bankrolled by funder FUNDER-2AAC, which has funded 1 dev wallet across 375 coins we have on record.
Other collapses from dev DEV-A83F
Other collapses funded by FUNDER-2AAC
The token
The mint address is public on-chain data:
6o2UFWUgAGfSZwZrp3EAXZBWrJeUadzThhraWiYbpump
View on Solscan →