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

$SHRED — $39k to $6k

$SHRED launched on , peaked at a market cap of $38,576, and ended at $5,979. That is a 84.5% drop from its peak. It lived 4 minutes.

Peak market cap$39k
Market cap now$6k
Drop from peak-84.5%
Time alive4 minutes

The collapse

launch · peak $39klast 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$SHRED
First seen
Collapsed
Time alive4 minutes
Peak market cap$38,576
Final market cap$5,979
Drop from peak-84.5%
Value evaporated$32,597
Bundled supply at launch67.0%
Largest single holder66.7% of supply
Outcome classrugged
RugHound risk score85 / 100

Did RugHound call it?

Flagged in advance

Yes. RugHound flagged $SHRED at risk 85/100, 4 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-0939 has launched 1621 coins that we have seen. 563 of them have collapsed the same way.

It was bankrolled by funder FUNDER-56E8, which has funded 1 dev wallet across 1621 coins we have on record.

Other collapses from dev DEV-0939

Other collapses funded by FUNDER-56E8

The token

The mint address is public on-chain data:

BZxhDFD4xtfiTuxrBi3TXdxYxFDwqcjYBAKhizzEpump

View on Solscan →