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Wendy Pepe: A Cautionary Tale of Concentration

In the unforgiving ecosystem of Solana, we observe the skeletal remains of Wendy Pepe—a token that burned brightly for mere days before succumbing to the most lethal of predators: its own whale-infested waters. With 99.8% of its treasury held by a mere handful of apex investors, this specimen never stood a chance; it was not a token, but rather an elaborate exit strategy dressed in amphibian memes. The $3,454 in liquidity provided only enough sustenance to delay the inevitable.