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

$sponge — $21k to $2k

$sponge launched on , peaked at a market cap of $20,791, and ended at $2,069. That is a 90.0% drop from its peak. It lived 14 days 10h.

Peak market cap$21k
Market cap now$2k
Drop from peak-90.0%
Time alive14 days 10h

The collapse

launch · peak $21klast 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$sponge
First seen
Collapsed
Time alive14 days 10h
Peak market cap$20,791
Final market cap$2,069
Drop from peak-90.0%
Value evaporated$18,722
Bundled supply at launch59.5%
Largest single holder59.4% of supply
Outcome classrugged
RugHound risk score69 / 100

Did RugHound call it?

Flagged in advance

Yes. RugHound flagged $sponge at risk 69/100, 14 days 10h 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-E636 has launched 64 coins that we have seen. 12 of them have collapsed the same way.

The token

The mint address is public on-chain data:

2mE8WVKJ3giQMeYHZ6tjndzSjZhW2cckvZHhpt5Ypump

View on Solscan →