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This is also commonly used as a Tinker target as it kills so quickly and reliably while being rather awkward to remove

It can be Link Summoned to steal one monster that it points to, which can limit your options for using it, but can force your opponent to spend a negate to stop it

They can be particularly powerful with counterspells, which I imagine is the pair here, because treasures allow you to tap out while still holding up a counter

It can be stuck again if an effect allows it