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

$MerGo — $19k to $1k

$MerGo launched on , peaked at a market cap of $19,157, and ended at $1,357. That is a 92.9% drop from its peak. It lived 6 minutes.

Peak market cap$19k
Market cap now$1k
Drop from peak-92.9%
Time alive6 minutes

The collapse

launch · peak $19klast 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$MerGo
First seen
Collapsed
Time alive6 minutes
Peak market cap$19,157
Final market cap$1,357
Drop from peak-92.9%
Value evaporated$17,800
Bundled supply at launch51.3%
Largest single holder51.2% of supply
Outcome classrugged
RugHound risk score99 / 100

Did RugHound call it?

Flagged in advance

Yes. RugHound flagged $MerGo at risk 99/100, 6 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-8B5E has launched 395 coins that we have seen. 87 of them have collapsed the same way.

Other collapses from dev DEV-8B5E

The token

The mint address is public on-chain data:

Fp8xjPATQuvVimmA3NtUTdxFeuM4AdGPxuNN3XUCpump

View on Solscan →