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

$WATERMAX — $18k to $2k

$WATERMAX launched on , peaked at a market cap of $18,050, and ended at $2,095. That is a 88.4% drop from its peak. It lived 1h 1m.

Peak market cap$18k
Market cap now$2k
Drop from peak-88.4%
Time alive1h 1m

The collapse

launch · peak $18klast 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$WATERMAX
First seen
Collapsed
Time alive1h 1m
Peak market cap$18,050
Final market cap$2,095
Drop from peak-88.4%
Value evaporated$15,955
Bundled supply at launch0.8%
Largest single holder0.2% of supply
Outcome classrugged
RugHound risk score95 / 100

Did RugHound call it?

Flagged in advance

Yes. RugHound flagged $WATERMAX at risk 95/100, 1h 1m 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-31DB has launched 2 coins that we have seen. 2 of them have collapsed the same way.

Other collapses from dev DEV-31DB

The token

The mint address is public on-chain data:

4Gb41PxBDkDmg1bCFbpwHvazHxjjmXfrScnmSD4Wpump

View on Solscan →