How concentrated is Merit Coin ownership?

The top-10 share isn't in this report; it counted 225 holder addresses (2026-04-30 21:47 UTC).

Are large holders selling Merit Coin?

Not measured: this report has no buy/sell totals or wallet history.

Is Merit Coin liquidity falling?

Not measured: this report has no liquidity reading.

Merit Coin Price Today & AI Analysis

MERITSolanaAnalysis as of Apr 30, 2026

$0.0₅2000

Contract

Live

6drXyidFN9zfVMsAz6RnwYJnxuJogfEAbRSMnbcXZVsN

Chain

Solana

Holders

Market cap

$1,997

At a $1M market cap, $MERIT would be $0.001002 (501x from today’s price)

Market cap calculator

MERIT support and resistance today

From 1-hour candles

MERIT trades at $0.000002000 as of Nov 7, 23:50 UTC, +0.0% in 24 hours. No trade has moved the price in 21 days, so there is no fresh support or resistance to mark.

Is MERIT a scam?

Unhosted check · Nov 6

No red flags

No scam signals in Unhosted’s checks, and nothing in the token can block or tax a sell.

Can you sell?

YesNothing in the token can block or tax a sell

Read from the token’s own on-chain settings, with Unhosted’s automated check: a warning signal, not a guarantee either way. The settings say whether the token can block or tax a sell, not whether its pool has the liquidity to sell into.

Ask Unhosted AI about MERIT

3 free answers a day

Merit Coin: holders, selling & liquidity

2026-04-30 21:47 UTC

Holder addresses

225

Top 10 supply share

Not available

Reported liquidity

Not available

How concentrated is Merit Coin ownership?: The top-10 share isn't in this report; it counted 225 holder addresses (2026-04-30 21:47 UTC).
Are large holders selling Merit Coin?: Not measured: this report has no buy/sell totals or wallet history.
Is Merit Coin liquidity falling?: Not measured: this report has no liquidity reading.

Sources, observations & limitations

Source: inputs saved with the report generated 2026-04-30 21:47 UTC. Original provider retrieval times and historical samples were not recorded. Legacy zero placeholders are treated as unavailable. Holder addresses are not unique people. The provider’s top-10 share is not adjusted here for pools, exchanges, burn addresses or related wallets. Sniper classifications and wallet-level holder history are unavailable. Inspect token on the block explorer.

Recent swap evidence

Swap evidence is unavailable for this report.

Report snapshot

as of Apr 30, 09:47 PM UTC

FDV

$13,023

Liquidity

Not available

Holders

225

Snipers

Not available

Risk

Very High

Loading price chart…

1h chart read; Support, resistance, Fibonacci and RSI divergence are drawn on the chart once it loads.

Ask Wick about this chart

AI Executive Summary

Risk

Very High

Sentiment

Bearish

Merit Coin (MERIT) is a newly launched Solana memecoin/micro-cap token on PumpSwap with a fully diluted valuation of ~$13,023. The token launched very recently — holder count was flat at 4 for the entire prior 30-day window before exploding to 225 holders within the last 24 hours. The token is experiencing severe sell pressure (82.7% sell volume) and has dropped -45% in 24 hours. With $0 reported liquidity depth, extreme concentration (top 10 hold 62.2%), and a heavily negative price trend, this is an extremely high-risk speculative asset.

Key points

Explosive holder growth from 4 to 225 in under 24 hours — token just launched
Extreme sell pressure: 82.7% of 24h volume ($332.3K) is selling vs only 17.3% buying ($69.7K)
Top 10 wallets control 62.2% of supply; top 100 control 99.22% — severe concentration
Zero reported liquidity depth on PumpSwap despite active trading
20 snipers active in first 1,000 blocks with mixed PnL — several already profitable and likely distributing

AI Price Analysis

bearish

Short term · 1–24 hours

bearish

Price is in a sharp downtrend after peaking near $0.0000411 (candle [6] high). The most recent candle closed at $0.00001303, down from an open of $0.00001587 — a continuation of the sell-off. With 82.7% sell pressure, $332K in sell volume vs $69.7K buy volume, and 2,182 sellers vs 458 buyers in 24h, further downside is the path of least resistance. The 5-minute change is near flat (+0.05%), suggesting a brief pause but no reversal signal.

Target low

$0.000005

Target high

$0.000016

Support: $0.00001302 (current close / recent low), $0.000005669 (candle [5] intraday low), $0.000006557 (candle [4] low)
Resistance: $0.000015870 (candle [1] open / candle [2] low area), $0.000022031 (candle [2] open), $0.000027708–$0.000034568 (candle [4] high / candle [6] open), $0.000041074 (candle [6] all-time high)

Medium term · 1–4 weeks

bearish

Without a fundamental catalyst, meaningful liquidity injection, or community-driven demand, MERIT is likely to continue declining. The token has no verified contract, no description, and minimal social presence. Sniper wallets with profitable positions (e.g., sniper [20] at +198.6%, sniper [8] at +57.6%) represent significant overhead supply. Sustained recovery would require new buyer inflows well above current levels.

Catalysts

Unexpected viral social media traction on Twitter/Moralis communities
Whale accumulation at depressed prices
Broader Solana memecoin market rally lifting micro-caps
Listing on a higher-profile aggregator or DEX

Bullish factors

Rapid holder acquisition: 221 new holders in 24h suggests genuine initial interest
Some snipers still holding (not fully sold), implying residual conviction
FDV of only ~$13K means even small capital inflows could produce large % moves
5-minute price change is slightly positive (+0.05%), hinting at momentary stabilization

Bearish factors

Price down -45% in 24 hours with no sign of reversal
82.7% sell pressure — sellers outnumber buyers 4.8:1 by transaction count (6,481 vs 1,613)
Zero reported liquidity depth — extreme slippage risk on any meaningful trade
Top 10 wallets hold 62.2%; top 100 hold 99.22% — distribution is dangerously concentrated
Token has no description, unverified contract, and update authority is unknown
Holder count dropped 13 in the last hour (-5.8%), suggesting early holders are exiting

Confidence: low. Confidence is low due to: (1) $0 reported liquidity making price discovery unreliable, (2) extremely short price history (token launched within last 24h), (3) unknown sniper entry prices limiting PnL precision, and (4) micro-cap memecoins are highly unpredictable and subject to manipulation.

Token Info

Chain: Solana
Contract: 6drXyi...ZVsN
Total Supply: 999,615,901.11 MERIT

Key Risks

Zero reported liquidity — inability to exit positions without extreme slippage
82.7% sell pressure with 5:1 seller-to-buyer ratio — active distribution in progress
Extreme supply concentration: top 10 (ex-LP) hold ~27.7% of circulating supply
20 snipers with unknown remaining balances represent potential dump supply

Smart money & sniper coverage

Sniper classifications and wallet-level trading histories are not available in this report. Sniper concentration, profit-taking and dump risk have not been assessed.

Deep Analysis

Six hourly candles are available, spanning approximately 16:00–21:00 UTC on 2026-04-30. Candle [6] (16:00) opened at $0.0000346 and reached an all-time high of $0.0000411 before closing at $0.0000255 — a bearish shooting star / inverted hammer with a long upper wick, signaling rejection at the top. Candle [5] (17:00) was a massive bearish engulfing candle: opened at $0.0000203, crashed to a low of $0.00000567, and closed at $0.00000661 on enormous volume ($278,664) — the highest-volume candle in the set, confirming a capitulation/dump event. Candle [4] (18:00) showed a partial recovery attempt: opened at $0.00000658, spiked to $0.0000277, and closed at $0.0000205 — a bullish recovery candle but with high volatility. Candle [3] (19:00) continued recovery: opened and closed near $0.0000203–$0.0000225, a small bullish candle. Candle [2] (20:00) reversed sharply: opened at $0.0000220, fell to $0.0000150, closed at $0.0000169 — a bearish candle resuming the downtrend. Candle [1] (21:00, most recent) opened at $0.0000159, fell to $0.0000130, closed at $0.0000130 — a bearish close at the low, confirming continued selling. Overall pattern: sharp pump-and-dump structure with lower highs and lower lows after the initial spike.

Trend

Short-term

Downtrend

Medium-term

Downtrend

The token formed a clear pump-and-dump pattern within 6 hours. After peaking at $0.0000411 in candle [6], price has made a series of lower highs (0.0000277 → 0.0000225 → 0.0000220 → 0.0000159) and lower lows (0.00000567 → 0.00000656 → 0.0000150 → 0.0000130). Both short-term and medium-term trends are firmly bearish.

Momentum & Volume

Momentum

Oversold

Volume trend

Decreasing

Buy

17%

Sell

83%

Key Price Levels

Immediate support

$0.00001302 (current close, candle [1] low)

Major support

$0.000005669 (candle [5] intraday low — the capitulation wick bottom)

Immediate resistance

$0.000015870 (candle [1] open / candle [2] close area)

Major resistance

$0.000041074 (candle [6] all-time high)

The current price of $0.00001303 is sitting right at the candle [1] low, which is the most recent support. A break below this level opens the path to the $0.00000567 capitulation low. On the upside, $0.0000159 is the first resistance (candle [1] open), followed by $0.0000220 (candle [2] open). The all-time high of $0.0000411 is extremely distant and would require a 3x+ move from current levels.

Notable patterns

Shooting star / bearish rejection candle at all-time high (candle [6])
Massive bearish engulfing / capitulation dump candle (candle [5]) on highest volume
Dead-cat bounce pattern in candles [3]–[4] followed by resumption of downtrend
Lower highs and lower lows across all 6 candles post-peak
Volume exhaustion: 300x volume collapse from peak ($278K) to most recent candle ($920)

Liquidity

Not available

Depth

Not assessed

Slippage risk

Not assessed

Liquidity depth and slippage risk cannot be assessed without a liquidity observation.

Supply & authorities

Total supply

999,615,901.11 MERIT

FDV

$13,023.29

Mint authority

Not available

Freeze authority

Not available

Mint and freeze authority checks are not included in the saved provider observations. Metadata update authority does not establish either permission.

Volatilityhigh
Price dropped -45% in 24 hours and -21.6% in the last hour alone. The 6-hour OHLC range spans from $0.00000567 to $0.0000411 — a 7.2x range within a single trading session. Extreme intraday volatility is confirmed.
LiquidityNot assessed
A liquidity observation is not available in the saved inputs.
ConcentrationNot assessed
Ownership concentration cannot be assessed without a measured supply distribution.
Sniper DumpNot assessed
Sniper classifications and wallet trading histories are unavailable.
AuthorityNot assessed
Contract or authority checks are not included in the saved provider observations.

Key risks

Zero reported liquidity — inability to exit positions without extreme slippage
82.7% sell pressure with 5:1 seller-to-buyer ratio — active distribution in progress
Extreme supply concentration: top 10 (ex-LP) hold ~27.7% of circulating supply
20 snipers with unknown remaining balances represent potential dump supply
Token launched less than 24 hours ago with no description, no verified contract, and unknown authorities
Holder count already declining (-13 in last hour, -5.8%)
FDV of only $13K makes this susceptible to complete value destruction with minimal capital outflow

Mitigating factors

Token metadata is marked 'mutable: false', preventing metadata manipulation
Not flagged as possible spam by the data provider
Has social links (Twitter, Moralis) suggesting some community presence
FDV of $13K means recovery is theoretically possible with very small capital inflows
Some snipers are still holding, suggesting not all early buyers have fully exited

Suitable for

Suitable ONLY for highly experienced DeFi/memecoin traders who fully understand the risk of total capital loss, are using only disposable funds they can afford to lose entirely, and have the technical capability to monitor on-chain activity in real time. Absolutely not suitable for retail investors, risk-averse individuals, or anyone allocating more than a negligible portion of their portfolio.

Merit Coin (MERIT) is a brand-new, unverified Solana memecoin that launched within the last 24 hours on PumpSwap. It exhibits all the hallmarks of a high-risk launch-phase token: extreme concentration, overwhelming sell pressure, zero reported liquidity, and a sharp post-launch price dump of -45%. The investment case is purely speculative — there is no utility, no verified team, no description, and no fundamental value proposition. The only potential upside is a short-term speculative bounce driven by social momentum or new buyer inflows, which is highly uncertain.

Scenario Analysis

Bull Case

Low probability

Viral social momentum drives a new wave of buyers into the token, absorbing the remaining sell pressure. The Twitter and Moralis community presence generates enough attention to attract fresh capital. Given the micro-cap FDV of ~$13K, even $50K–$100K of new buying could produce a 5–10x move from current levels.

Viral Twitter/social media campaign driving new buyer inflows
Broader Solana memecoin market rally lifting all micro-caps
Whale accumulation at current depressed prices ($0.0000130)
Sniper selling exhaustion creating a supply vacuum for buyers

Base Case

The token stabilizes at a very low price level ($0.000005–$0.000013) after the initial dump exhausts itself. A small community of 200–300 holders remains, with occasional low-volume trading. The token neither recovers to its launch highs nor goes completely to zero in the near term, but slowly bleeds value over weeks as interest fades.

Sell pressure gradually exhausts as most motivated sellers have already exited
A small core of holders maintains positions hoping for a recovery
No new significant capital inflows or viral catalysts emerge
Liquidity remains minimal but non-zero, allowing small trades to occur

Bear Case

High probability

Remaining sniper wallets and concentrated holders continue distributing into any price strength. Liquidity drains to zero, making the token effectively untradeable. Holder count continues declining as early buyers exit at a loss. Token fades into obscurity with FDV approaching zero.

Continued 82.7% sell pressure with no catalyst for reversal
Zero liquidity depth making price discovery impossible
Sniper wallets with profitable positions (up to +198.6%) dumping remaining holdings
No fundamental value proposition or utility to attract long-term holders
Unknown mint/freeze authority status creating additional uncertainty

Analysis details

Generated

Apr 30, 09:47 PM UTC

Saved observation

2026-04-30 21:47 UTC

Model confidence

Low

Data sources

On-chain Solana token metadata (mint, decimals, supply, mutability)
PumpSwap DEX price and pair data
Hourly OHLC candle data (6 candles, USD-denominated)
24h trading analytics (volume, buy/sell pressure, unique wallets)
Holder metrics and distribution data
Historical daily holder counts (30-day series)
Top 20 holder wallet addresses and balances
Sniper analysis (first 1,000 blocks, 20 snipers)
Social link metadata (Twitter, Moralis)

Limitations

Total liquidity reported as $0.00 — may be a data feed issue; actual pool state unverified
Sniper entry amounts ('sniped: unknown') are not available, preventing precise concentration calculation
Sniper remaining balances are largely unknown, making overhead supply estimation imprecise
Mint authority and freeze authority status are not confirmed — listed as unknown
Update authority is unknown — cannot confirm renouncement
Only 6 hourly candles available — insufficient for robust technical analysis
Token is less than 24 hours old — all metrics are based on an extremely short history
No fundamental data (team, roadmap, utility) available for qualitative assessment
FDV from trading analytics shows $0.00 while metadata shows $13,023.29 — data inconsistency noted

How we keep this honest

Every directional call on these pages is recorded before the outcome is known and scored on our public prediction track record. We apply the same standard to others: our audit of 1,581 crypto YouTube predictions found bullish calls did worse than random timing, and our memecoin pump anatomy study measured what chasing a pump actually costs.

This analysis is for informational purposes only and does NOT constitute financial advice. Investing in newly launched memecoins carries an extremely high risk of total capital loss. The analyst and data providers are not responsible for any investment decisions made based on this report. Always conduct your own due diligence and consult a qualified financial advisor before investing.

Frequently Asked Questions

Is Merit Coin (MERIT) a scam?

No scam signals in Unhosted’s checks, and nothing in the token can block or tax a sell. Checked Nov 6, 2026. This is Unhosted’s automated risk check, a warning signal rather than a guarantee either way.

Can I sell Merit Coin (MERIT)?

Yes. Nothing in the token’s on-chain settings can block or tax a sell: no freeze authority, no transfer fee and no transfer hook. Checked Nov 6, 2026. This reads the token’s own settings; whether its pool has enough liquidity to sell into is a separate question.

What is the short-term price outlook for Merit Coin (MERIT)?

Is MERIT a safe investment on Solana?

The AI assessment rates overall risk as very high with a risk score of 9.2/100. Suitable ONLY for highly experienced DeFi/memecoin traders who fully understand the risk of total capital loss, are using only disposable funds they can afford to lose entirely, and have the technical capability to monitor on-chain activity in real time. Absolutely not suitable for retail investors, risk-averse individuals, or anyone allocating more than a negligible portion of their portfolio.

What are the key risks of holding MERIT?

Zero reported liquidity — inability to exit positions without extreme slippage • 82.7% sell pressure with 5:1 seller-to-buyer ratio — active distribution in progress • Extreme supply concentration: top 10 (ex-LP) hold ~27.7% of circulating supply