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GOONCOIN: A Cautionary Tale of Concentration

Here we observe the remains of GOONCOIN, a token that burned with the intensity of a mayfly—impressive only in its brevity. In its mere 242 hours of existence, it accumulated 315 believers, though a staggering 95.8% of wealth remained clutched in the hands of the fortunate few, a distribution pattern that would make even nature's most ruthless predators seem egalitarian by comparison. The $82.65 in daily volume suggests that by the end, even its creators had lost interest in their own creation.