CA:
GMs6WtQSRoqKcTq2JaGYPE2o55XKD58cJiLDyhUHYnr3We flagged PIGEON at $16.3K, barely a minute old. It peaked at 51.5x about 1.9 hours after our post. It sits now at 19.4x. The worst dip from peak was 85%. It did not fall below where we flagged it.
The name and meme point at a bird on Solana. The move looks tied to a single X post that called it and included the contract. That post carried the attention. Otherwise it ran on curve flow.
X attention came from fourteen posts over twenty-four hours, led by an account with 111,511 followers. Smart money buys were two and KOL buys were zero. The dev holds none of this token, with no dev buy seen in our trade index.
After our post the first leg was fast. Holders went from 54 to 963. The last five minutes show one buy against five sells, and the last hour is close to even.
The shape here is a fast curve graduation, a thin holder base, one large X account carrying attention, and no KOL buys. It ran hard, gave back most of tha