The Degenerates (The Degens) – Full Degen Risk & Alpha Breakdown 🧬💥

🧬 Intro: The Degenerates – Welcome to the Degen Pit

CT, the latest Solana Degen launch just hit the wild: The Degenerates (The Degens). This one’s fresh off Pump.fun and already making noise with 189 holders, a market cap just under $10k, and a wild ride of snipers and volume. If you’re hunting for pure degen volatility, this is your playground. Let’s rip through the full alpha and risk breakdown – DYOR, but you know the rules: 🚀💀

📉 Price Volatility

• Current Price (USD): $0.0000098
• 5m Change: -77% ⚡
• 1h Change: -42% 🔻
• 6h Change: -42%
• 24h Change: -84.6% 💀
• Volatility (abs max): ~88.9% 🎢

TL;DR: This thing got turbo-rekt after launch. Max 24h drop of ~85%, and 5m/1h swings are insane. If you can’t handle rollercoasters, this ain’t for you. But for volatility hunters, this is pure adrenaline.

💧 Liquidity Risk

• Current LP: ~$20,743
• Market Cap: ~$9,900
• LP/MC Ratio: ~2.09 🟢
• Exchanges: PumpSwap, Meteora, Pump AMM

LP is actually solid relative to MC (over 200%). This means there’s real exit/buying power – not pure vapor. Still, with this volatility, slippage is a real threat. Early pools on multiple DEXes, but main action is on PumpSwap.

🤖 Bot Influence

• Bot Volume %: Data not reported
• Snipers: 90+ detected at launch

No explicit bot % reported, but the number of snipers is off the charts. Expect MEV, sandwiching, and bot-driven volatility. If you’re not quick, you’re exit liquidity.

🐋 Whale Confidence

• Total Buys/Sells (24h): Buys ~$202,514 / Sells ~$196,282
• Buy/Sell Split: 50.7% / 49.3%
• Biggest Pool Address: CE3SdEMCR1w5K6QhXRdTVUPKWZF97oECv29PBQbo5EvQ
• Top 10 Holders: 26.7% of supply

No explicit whale wallet breakdown, but buy/sell volumes are almost even. Top 10 holders own a chunky 26.7% – not insane for Solana memecoins, but still centralizing. No mega-whale dominance yet, but DYOR on new wallets.

🦑 Holder Centralization

• Total Holders: 189
• Top 10 Holders: 26.7%
• Bluechip Owners: 1 (0.5%)
• Bundlers: 33% (potential multi-wallet activity)

Classic early degen curve: a quarter of supply in the top 10, and a third of wallets flagged as “bundlers” (multi-wallet, bot, or airdrop farm behavior). Not a rug, but not for the faint of heart.

📣 Social Sentiment & CT Vibes

• Mentions/KOLs: No major Twitter KOLs or viral CT posts yet.
• Dev Twitter: https://x.com/goontekkkk/status/1957475652443185600
• Website: https://labs.google/flow/tv/channel/the-degenerates

Social buzz is low, but dev has a Twitter and some history. No viral memes or influencer pumps yet. If this catches CT’s attention, things could get spicy.

🛡️ Security Flags & Dev Transparency

• Renounced Mint: ✅ Yes
• Renounced Freeze: ✅ Yes
• Mintable: ✅ No
• Blacklisted: ✅ No
• Honeypot: ✅ No
• Buy/Sell Tax: 0% / 0%
• Open Source: ❌ Not open-source
• Dev Address: 7E9jfxCczubz4FXkkVKzUMHXGwzJxyppC4m7y3ew8ATg
• Dev Tokens: 0 (creator closed)
• Dev Token History: 17 tokens created, 3 deleted, 2294 total created by this dev

Security is above average for a degen launch: Mint/freeze renounced, no taxes, no blacklist, no honeypot. Not open source, but that’s normal for memecoins. Dev is prolific (thousands of tokens), so DYOR on their rep.

🔥 Trading Heat

• 5m Volume: ~$43,430
• 1h Volume: ~$398,796
• 24h Volume: ~$398,796
• Buys/Sells (24h): 2694 / 1915
• Swaps (24h): 4609
• Net Buyers (24h): 281
• Buy/Sell Volume (24h): $202,514 / $196,282

Massive churn in the first hour, then sharp cool-off. If you’re hunting for volume and action, you’ll get fills, but watch for slippage and MEV.

🚩 Red Flags

• Extreme price volatility (>85% drop in 24h)
• High concentration in top wallets (26.7%)
• Massive sniper/bot presence at launch
• No open-source code
• Dev has a huge token creation history (potential serial launcher)
• Low organic Twitter/CT engagement

✅ Green Flags

• Renounced mint & freeze authority
• 0% buy/sell tax
• LP is >2x MC (good exit liquidity for now)
• Mint not possible (no hidden inflation)
• No blacklist/honeypot/tax traps
• Real DEX presence (PumpSwap, Meteora, etc.)
• Dev tokens burned/closed

🧑‍💻 Notable Wallets & Snipers

First 90+ snipers (partial):
start...xJGo, MRWw...k5bL, BRhh...tRo7, Cbhv...muB4, 6EAn...noip, 6Xu6...MvUy, 3zmL...9vd, CXqQ...XmR, 83RY...MA5r, HXux...LBwj, ...and many more.
DYOR: https://gmgn.ai/sol/address/rLkfkJiz_start533UuQWHmdfv9ukpZhsNJ4rF3684o9ouXkxJGo (replace last part with wallet)

🧠 Degen Verdict

💀 High Risk / Pure Degen Play 💀
This is the definition of a speculative Solana degen launch: hyper-volatile, sniper-infested, and with a dev who’s seen a few cycles. Security is solid (renounced, no tax), but price action is turbo-rekt and wallet concentration is high. If you’re playing, size small and be ready to nuke or moon. Not for normies – only for true CT degenerates.

🔮 AI Prediction (Short/Mid/Long Term)

• Short Term (next 1-2h): High volatility, possible dead cat bounce if CT picks it up. Most likely further chop or slow bleed.
• Mid Term (rest of day): Unless a meme or KOL wave hits, expect sideways or further bleed as bots/arbers churn out. If volume returns, could see a meme bounce.
• Long Term (1d+): Unless the dev or CT community rallies, likely to fade like most pump launches. If you see a viral meme or influencer, re-evaluate!

🧮 Risk Score Explained

• Volatility: 0.3 × 88.9 = 26.7
• Liquidity Risk: 2.09 × 0.15 = 0.31
• Bot Influence: (not reported, assume 1 for snipers) 1 × 0.25 = 0.25
• Whale Confidence: (buys/volume) ~0.5 × 0.2 = 0.10
• Holder Centralization: 0.267 × 0.1 = 0.027
• Total Score: ~55.7 (High/Speculative Risk)

Verdict: <20 = Low risk | 20-40 = Moderate | >40 = High/Speculative
🚨 This is pure Degen/CT territory. If you ape, size accordingly and don’t get rekt. 🚨