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CAUSE OF DEATH

The Claude Cult: Conviction Without Congregation

Here we observe the cadaver of The Claude Cult, a token that achieved the remarkable feat of simultaneously revoking all authority while retaining none of its value. With eighteen holders clinging to a corpse and ninety-five percent of supply consolidated among the elite, this was less a community and more a hostage situation—one where the hostages were already dead, they simply hadn't stopped moving yet.

RISK FLAGS

HOLDER CONCENTRATION

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