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A Brief and Catastrophic Life Cycle

In the span of merely 120 minutes, we observe a remarkable specimen of financial hubris—a token that experienced more volatility than most equities do in a decade. The creature's demise was swift and absolute, a 92.8% collapse that suggests its architects had optimized primarily for the exit strategy. Nature, it seems, abhors a concentration of 97.6% ownership among the top holders almost as much as it abhors a vacuum.