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

$SPNG — $24k to $4

$SPNG launched on , peaked at a market cap of $23,740, and ended at $4. That is a 100.0% drop from its peak. It lived 12 minutes.

Peak market cap$24k
Market cap now$4
Drop from peak-100.0%
Time alive12 minutes

The collapse

launch · peak $24klast 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$SPNG
First seen
Collapsed
Time alive12 minutes
Peak market cap$23,740
Final market cap$4
Drop from peak-100.0%
Value evaporated$23,736
Bundled supply at launch28.8%
Largest single holder12.0% of supply
Outcome classrugged
RugHound risk score96 / 100

Did RugHound call it?

Flagged in advance

Yes. RugHound flagged $SPNG at risk 96/100, 11 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-90E1 has launched 53 coins that we have seen. 12 of them have collapsed the same way.

The token

The mint address is public on-chain data:

7cPDuLvLBb2rToVszfbEscN5rUUqyENptDSN1kLApump

View on Solscan →