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

$THE2 — $25k to $4k

$THE2 launched on , peaked at a market cap of $24,590, and ended at $3,759. That is a 84.7% drop from its peak. It lived 4 minutes.

Peak market cap$25k
Market cap now$4k
Drop from peak-84.7%
Time alive4 minutes

The collapse

launch · peak $25klast 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$THE2
First seen
Collapsed
Time alive4 minutes
Peak market cap$24,590
Final market cap$3,759
Drop from peak-84.7%
Value evaporated$20,831
Bundled supply at launch51.1%
Largest single holder51.1% of supply
Outcome classrugged
RugHound risk score75 / 100

Did RugHound call it?

Flagged in advance

Yes. RugHound flagged $THE2 at risk 75/100, 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-8819 has launched 2896 coins that we have seen. 514 of them have collapsed the same way.

It was bankrolled by funder FUNDER-5B88, which has funded 1 dev wallet across 2896 coins we have on record.

Other collapses from dev DEV-8819

Other collapses funded by FUNDER-5B88

The token

The mint address is public on-chain data:

23Q1xRgjD68KD7gySxGXoKN7sfH2pebi8mdjZiqopump

View on Solscan →