CAUSE OF DEATH
DONALD TREMP: A Spectacular Collapse in Real Time
In the grand theatre of cryptocurrency, we observe the final gasps of DONALD TREMP—a creature so top-heavy with concentration that its twenty-two holders might as well have been two. With ninety-seven percent of its wealth hoarded by the elite few and zero liquidity to show for it, this token faced the financial equivalent of a sudden, severe case of rigor mortis. The irony, of course, is that removing mint and freeze authorities only locked in the coffin; there was nowhere left to run.
CAUSE OF DEATH
Extreme concentration, zero liquidity, natural selection
EPITAPH
"It promised to make tokens great again, but instead made bag holders great again—at losing money."