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CAUSE OF DEATH

Ballmaxxing Inflates Then Catastrophically Deflates

In the beginning, there was exuberance—a 527% surge in mere hours, a glorious ascent fueled by hope and leverage. But as we observe the corpse before us, the tragic irony becomes clear: a token with zero liquidity and fifty-seven percent of its wealth concentrated in ten wallets was never truly alive at all, merely a fever dream in the minds of the optimistic.

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HOLDER CONCENTRATION

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