In depth: Magnetix
This is an on-chain in depth token analyis report.
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This is an on-chain in depth token analyis report.
Last updated
Was this helpful?
This report is based purely on on-chain data analysis and does not classify or label any token as a scam or legitimate project. We aim to present raw blockchain insights in a simplified and accessible format. Readers are encouraged to interpret the data critically and draw their conclusions. Nothing in this analysis should be considered financial or investment advice. Additionally, the information reflects the state of the blockchain as of the report's publication date. Given the rapidly evolving nature of the crypto space, we recommend always checking the date and verifying if conditions have changed since.
Many tokens can share the same or similar names — always verify the contract address referenced in this analysis to ensure you're reviewing the correct asset. This report focuses solely on the specific token contract(s) mentioned; do not assume other tokens with similar names are related.
Token under investigation: : HPm64oG8eoCKuPj2MaHc1ruqdZ4Pe71UEGiUET1MtJAu (Solana)
Token report date: in progress
The report is divided into multiple sections:
We begin our token analysis with a chronological overview of key on-chain and off-chain events. This timeline highlights notable moments in the token’s lifecycle — from its initial creation and pool launch to early swaps, announcements, and unusual market activity. Understanding the sequence of events is crucial for identifying potential red flags, coordinated actions, or community momentum.
Main Events:
January 2025: We can assume the token planning was already being done.
A Twitter account was created in January.
First YouTube video published on 27.1.2025
2025-01-30 12:49:16 UTC — Domain registered for the website.
Early February: Start of bigger promotion
2.2.2025 - Created a Telegram channel with the first message sent.
4.2.2025 - First post on Instagram
4.2.2025 - First post on Twitter.
2025-02-27 20:12:14 UTC — Token deployer wallet created
2025-02-27 21:05:47 UTC — Token minted
2025-03-01 14:15:03 UTC — Liquidity pool launched
2025-03-01 14:15 UTC — Tweet about the token launch
2025-03-01 14:16:02 UTC — First swap executed
2025-04-02 16:30 UTC — 75% price dump
Price performance
Liquidity
Smart contract security
General Trading data
Understanding the behavior and history of the token creator is critical to any on-chain investigation. This section analyzes the wallet that minted the token, including its funding source, activity patterns, and interactions with other addresses or contracts. By tracing wallet behavior before and after token creation, we aim to uncover potential signs of coordination, suspicious movement, or connections to other projects.
Everything started with founding a deployer wallet on 27.2.2025 at 20:12:14 (UTC) with 19.22 SOL from the address: 67nCgRsBckLxaSApdEuB84NdDJMLe7xermeRqduCHruh (We will call it Founder 1)
: 5xvRBSGJ6EqUN21WxfDyuQ3VYHkSWN4EheJ8ttPg4o6h (It will be called deployer wallet from now on)
