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CAUSE OF DEATH

Phoenix Trade: Born at Dawn, Dead by Dusk

In the swamps of Solana, we observe a peculiar specimen—the Phoenix Trade token, which achieved the remarkable feat of existing for precisely zero hours before entering a death spiral. Like a mayfly with delusions of grandeur, it burned through $84,000 in volume in a desperate bid for relevance, only to discover that 74% of its circulating supply rested in the hands of its creators. Nature abhors a vacuum, and decentralized finance abhors a rug just slightly less.

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