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

$MICHI — $32k to $2k

$MICHI launched on , peaked at a market cap of $31,925, and ended at $1,594. That is a 95.0% drop from its peak. It lived 1h 7m.

Peak market cap$32k
Market cap now$2k
Drop from peak-95.0%
Time alive1h 7m

The collapse

launch · peak $32klast seen ·

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$MICHI
First seen
Collapsed
Time alive1h 7m
Peak market cap$31,925
Final market cap$1,594
Drop from peak-95.0%
Value evaporated$30,331
Bundled supply at launch1.2%
Largest single holder0.7% of supply
Outcome classrugged
RugHound risk score55 / 100

Did RugHound call it?

Not flagged

No. RugHound did not flag this one. We scored $MICHI at risk 55/100, 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-C8C5 has launched 1 coin that we have seen. This was the first one we tracked from it.

The token

The mint address is public on-chain data:

5x8VgdNLtWzzJmoRuyr5u8ToSbdypLv4mF5D6bhqpump

View on Solscan →