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RAGEBAIT: A One-Hour Rug Pull Masterclass

In the beginning, there was volume—a glorious $208,000 of it, suggesting perhaps this creature might survive. But alas, the market observed with grim fascination as seventy-one percent of its value evaporated in mere hours, a phenomenon not unlike watching a mayfly's entire life cycle compressed into a single trading session. The top ten holders, clutching sixty percent of the supply like vultures over carrion, knew precisely what this token was born to be.