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CAUSE OF DEATH

Frayx: A One-Hour Tragedy of Concentration

In the unforgiving savanna of decentralized finance, we observe the Frayx token in its final moments—a creature that lived merely sixty minutes before succumbing to the predatory mathematics of its own design. The top ten holders, comprising 94.5% of all supply, executed what can only be described as a textbook exit strategy, leaving liquidity at zero and a wake of 34 bewildered bagholders. Nature, it seems, abhors a fair launch almost as much as it abhors a vacuum.

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HOLDER CONCENTRATION

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