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GritCoin: A Three-Day Tragedy in Tokenomics

Here we observe GritCoin, a creature that emerged into the Solana ecosystem merely three days ago, already displaying the pallor of financial mortality. With 98.5% of its supply concentrated in ten wallets, it resembled less a decentralized currency and more a elaborate exit strategy wearing a blockchain costume. The $17.39 in daily volume suggests even its creators have moved on to greener scams.