CAUSE OF DEATH
Bagworkers: A Two-Hour Pump-and-Dump Tragedy
In the fierce ecosystem of decentralized finance, we witness a remarkable specimen—born mere hours ago, already circling the drain with the grace of a wounded antelope. The 29 brave hodlers who believed in Bagworkers have learned a harsh lesson: when 96% of tokens rest in the hands of the top ten, one is not investing in a project, but merely hoping the predators eat last.
CAUSE OF DEATH
Catastrophic concentration and flash-crash liquidity evaporation
EPITAPH
"Two hours in existence, forty-eight percent down—Bagworkers proved that in crypto, speed isn't a feature, it's a warning sign."