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

$SPY — $68k to $2k

$SPY launched on , peaked at a market cap of $68,127, and ended at $1,960. That is a 97.1% drop from its peak. It lived 9 days 19h.

Peak market cap$68k
Market cap now$2k
Drop from peak-97.1%
Time alive9 days 19h

The collapse

launch · peak $68klast 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$SPY
First seen
Collapsed
Time alive9 days 19h
Peak market cap$68,127
Final market cap$1,960
Drop from peak-97.1%
Value evaporated$66,167
Bundled supply at launch23.9%
Largest single holder3.0% of supply
Outcome classrugged
RugHound risk score99 / 100

Did RugHound call it?

Flagged in advance

Yes. RugHound flagged $SPY at risk 99/100, 9 days 19h 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-5E41 has launched 54 coins that we have seen. 5 of them have collapsed the same way.

Other collapses from dev DEV-5E41

The token

The mint address is public on-chain data:

QFupCpn5Kw9eUXWwsK4tKn3rxueotUwgrknv4dkpump

View on Solscan →