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State of The Mosh Nation
94 bundle raises, 33 funded, $354K paid to backers and no Mosh bundle among 1,251 Robinhood Chain rugs in a week. Also: launches are slowing and BUN carries most of the volume.
Six weeks after Mosh went live, its bundles have a track record worth reading. This report takes every bundle CoinBundleCap rates, every raise it has seen, Rugpull Radar's rug feed for Robinhood Chain and Mosh's own posts on X, and asks three questions: what is working, what is not, and which way the numbers are moving.
All figures are as of 3 Nov 2026, 16:00 (Berlin), from the same data that runs the bundle table and the API. Mosh's own posts are quoted from @Moshdottrade with their numbers as shown on X on 3 Nov.
Six weeks in Mosh's own words
The bundle numbers make more sense next to what Mosh was saying at the time. These are its most-read posts since launch, in order.
Justin 🅿️ebis 🎀@justinbebis
Launch day. The first bundle in our records opened the same day, and 20 raises opened that week.
that1618guy@that1618guyThis is the point most token scanners get wrong about bundles: the largest holders are the swarm's AI agent vaults, not insiders who can sell. CoinBundleCap labels those vaults on every bundle page, so a 60–70% "top holder" share doesn't read as a red flag on its own.
Launches no longer required holding BUN. The week this went out, 26 raises opened, the most of any week so far. 12 of them were funded and 14 refunded.
Read 41 replies
Mosh's most-read post by a wide margin: three times the views of anything else on its timeline.
SAMSoN 🎀@bitSAMSoNMosh's count of fees paid, $421.8K on 27 Oct, is higher than ours, $354.4K a week later. Our figure adds up the fees each bundle reports as paid out to its backers. We haven't reconciled the two yet, and we show ours as it is.
Raises: one in three fills
A raise that misses its target is refunded in full, so a failed raise costs backers nothing but time. Still, 35% of raises reaching their target means most bundles never launch.
Every verdict comes from published rules and links to the transactions behind it.
| Figure | Value |
|---|---|
| Raised by the 33 funded bundles | $215.7K |
| Trading fees paid out to backers so far | $354.4K |
| Capital under AI agent control, at market value | $24.87M |
| Ecosystem FDV (all Mosh tokens) | $34.5M |
| 24-hour trading volume | $425.8K |
What is working
Backers are paid in fees, and the fees add up. Mosh backers don't get their contribution back; they earn a share of the trading fees the bundle's agents make. Across all bundles that has come to $354.4K, more than one and a half times the $215.7K the funded bundles raised.
Weeks start on Monday. Payouts follow trading volume, which swings week to week.
Most swarms hold tokens worth more than the raise paid. For 32 bundles we can value what the raise bought. In 21 of them the swarm's tokens are worth at least what was paid, in 14 at least 3×, and the median is 1.87×.
All six are rated healthy. The tokens are the agents' working capital, not money backers can take out; for a backer, the return is the fees above.
See AUR, MUT8, BPEPE and CONV for the evidence behind each.
No Mosh bundle rugged. Rugpull Radar recorded 1,251 rug pulls on Robinhood Chain in the last 7 days, with $9.88M taken by insiders and a median of about 13 minutes from launch to rug. 31 of them were plain token launches on Pons, the launchpad Mosh runs on. None of them came from a Mosh bundle. Bundles launch with liquidity the creator can't pull, which removes the most common way tokens on the chain are rugged. It doesn't remove every risk, as the bad list below shows. Live numbers: rugs on Robinhood Chain.
Healthy calls have held. We check every verdict again 7 days later. Of 195 healthy readings, all 195 held: none of those bundles was rugged and each kept at least half its price. It's a short window and a young market, so read it as a sign the rules aren't noisy, not as proof.
What is not
Launches are slowing, and fewer raises fill.
78 of the 94 raises have a recorded opening date. The 5 Oct peak is the week launches stopped requiring BUN.
The last three weeks brought 24 raises together, and only 5 of them were funded.
One token carries the market.
BUN is also $32.4M of the $34.5M ecosystem FDV (94%). The next-largest bundle token traded $12.1K in a day.
Four bundles are rated bad, each for a different reason:
- BUNDOG (0/100): the creator sold 15.3% of the supply since launch, 5.66% of it through a wallet the creator had handed tokens to, and moved tokens to or from the creator of another bundle.
- BUNNY (0/100): the creator's own wallet never sold, but 2.07% of the supply went to a second wallet that sold it in one swap.
- KRUSTY (20/100): Rugpull Radar saw early signs of a slow rug (below its publishing bar), and the price is 79% below its peak.
- BINGHAM (25/100): 78% below its peak, with no trades in the last 7 days.
The pattern in the first two is the one a scanner that only watches the creator's wallet misses: the selling happens one hop away.
Our bad calls haven't been confirmed by the market yet. A bad verdict counts as held when the bundle is rugged or loses more than half its price within 7 days. Of 49 bad readings, none has. We publish that figure as it is. A bad verdict here flags what a creator did, which a price doesn't always show within a week.
Watch is mostly "too small to tell". All 8 bundles still on the bonding curve are on watch, mostly for tiny raises and few holders. The live bundles on watch are there for creator sales below our bad threshold, a lack of trading or a deep drawdown.
Where this is heading
The first wave of bundles did what the model promises: most backers have been paid, swarms mostly hold more than they paid for, and the rug-free record stands against a chain where about one launch in five is rugged. The open question is breadth. Fewer raises are opening, fewer of those fill, and trading outside BUN is thin. Mosh's two biggest moves so far both widen the way in: opening launches to everyone on 6 Oct, and welcoming Orbio as the first launchpad building on Mosh on 20 Oct.
Three things we will watch in the coming weeks:
- Whether new raises pick up again, and how many reach their target.
- Whether fee income spreads beyond the few bundles that earn most of it.
- How the pre-funding check performs as more raises resolve: its "clean" and "unknown" calls are still a small sample.
We'll publish this report again as the numbers move. Follow @coinbundlecapHQ for the weekly figures, or follow a bundle to get told when its verdict changes.
How these numbers were made
- Bundles, raises, fees and backers: the Mosh public API and Robinhood Chain, read every few minutes. Verdicts: the bundle health rules.
- Rugs: Rugpull Radar, Robinhood Chain, last 7 days.
- Mosh's posts: quoted from @Moshdottrade on X, with the views, likes and reposts shown there on 3 Nov. Mosh's figures are its own.
- "Worth X× what the raise paid" compares the market value of the tokens the swarm bought with what the raise paid for them.
- Disclosure: Sigma Maze GmbH, which runs CoinBundleCap, holds BUN, and its managing director holds BUN privately. Rugpull Radar is run by the same company. Every bundle, BUN included, is scored by the same open rules.
By CoinBundleCap. Figures are automated readings of public on-chain data and the Mosh API, as of the date above; they can be wrong. Not investment advice. CoinBundleCap is independent and not affiliated with, endorsed or paid by Mosh. RSS · @coinbundlecapHQ on X