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

$WeChat — $31k to $2k

$WeChat launched on , peaked at a market cap of $31,205, and ended at $1,909. That is a 93.9% drop from its peak. It lived 5 minutes.

Peak market cap$31k
Market cap now$2k
Drop from peak-93.9%
Time alive5 minutes

The collapse

launch · peak $31klast 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$WeChat
First seen
Collapsed
Time alive5 minutes
Peak market cap$31,205
Final market cap$1,909
Drop from peak-93.9%
Value evaporated$29,296
Bundled supply at launch57.3%
Largest single holder57.3% of supply
Outcome classrugged
RugHound risk score99 / 100

Did RugHound call it?

Flagged in advance

Yes. RugHound flagged $WeChat at risk 99/100, 5 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-D4E3 has launched 39 coins that we have seen. 14 of them have collapsed the same way.

The token

The mint address is public on-chain data:

5Uk6bYcHDWHCUv8GvL8Kb6s6V5uXqeRoqyoLh38rpump

View on Solscan →