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Iris: Born at Dawn, Dead by Dusk

In the unforgiving ecosystem of decentralized finance, we observe a remarkable specimen—Iris—which achieved the remarkable feat of experiencing a complete lifecycle collapse within mere hours. Born with promise and revoked authorities suggesting legitimacy, this token nonetheless hemorrhaged 72.8% of its value before most investors finished their morning coffee. A cautionary tale of how even the most carefully constructed illusions cannot survive contact with market reality.