$FHE FHE chips heavily hijack the market, the top 10 addresses lock 98% of the tokens, liquidity is exhausted, longs pay fees daily and get liquidated, unlocking continues to bleed out, smart money has already run away. The US CPI soared to 3.8% in April, macro continues to drain blood, this is a sophisticated harvesting trap, following the trend to go long is like giving away money, eventually hitting zero. FHE claims to be the holy grail of cryptography, but the computational costs are huge, and the "bootstrap" operation is a bottleneck, and it has not yet been commercially scaled! Early addresses have already liquidated and run away, developers have left, the project is completely doomed.