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Twenty-Two Bagholders Watch Their Dreams Evaporate

In the unforgiving ecosystem of Solana, we observe a peculiar specimen: BAWSAQ, a token that has achieved the remarkable feat of becoming simultaneously worthless and illiquid—a financial Schrödinger's cat, except we've already opened the box and found only regret. With ninety-four percent of its meager supply concentrated in ten wallets, this token represents nature's most brutal lesson in wealth distribution: that decentralization is indeed a beautiful concept, right up until the moment it isn't.