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Nib: A Cautionary Tale of Concentration

In the waning hours of its brief existence, Nib succumbed to a condition as old as markets themselves: catastrophic wealth concentration. With ninety-one percent of its circulating supply held by merely ten accounts, this token's fate was sealed not by malice, but by mathematics—a slow, inexorable gravitational collapse toward irrelevance. One can almost hear the final, whimpering 93.5% price collapse echoing across the blockchain, nature's way of culling the weak.