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CAUSE OF DEATH

Clawd: Born Dead, Stayed That Way

In the beginning, there was Clawd—a token so nascent it hadn't yet drawn its first breath before the reaper came calling. With twelve holders clinging to their bags like shipwreck survivors and 99.7% of supply hoarded by the top ten, this was less a fair launch and more a coordinated hostage situation. The authorities revoked, the liquidity vanished, and within hours, Clawd had completed its entire lifecycle: conception, deflation, and irrelevance.

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HOLDER CONCENTRATION

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