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Pokéarena: A One-Hour Extinction Event

In the span of a single hour, Pokéarena achieved what most tokens require weeks to accomplish—a complete evaporation of market confidence and liquidity. Here we observe a specimen so thoroughly concentrated in the hands of its top ten holders that the very concept of decentralization appears to be merely a decorative suggestion. Like a mayfly that never quite learned to fly, ARENA emerged, gasped briefly at $27k in volume, and expired before the afternoon trading session could properly begin.