The wraith is the title of The Insane Clown Posse's sixth and final Jokers card. The wraith actually comes in two parts, the first CD, "shangri-la" which was released on november 5, 2002, and "hells pit" which is to be released on November 5, 2003.
ICP always predicted that when the sixth album drops, the end of the world will come. So far, it hasn't happened.
The story is that when you die, the wraith takes you where you are going, hence the albums cover image of a spectre reaching its hand out to you.
For those who were good, and followed the path of the light, they go to Shangri-la, or whatever their heaven is.
But woe to those who strayed and chose to harm and judge others. they head to "hells pit". basically hell.
On the musical side, this album is a departure from the normal rap and horrorcore Stylings of ICP. And although it has the "wicked shit" on it, it is the unveiling of the truth behind ICP. Fans have waited for over a decade to hear this message.
After its release, it split the fans (more commonly known as juggalos ) into three factions.
On one side, the fans that got the message all along and were satisfied with it, and follow it.
on the other side, those who thought they knew what it was about, and now hate ICP for it.
and in the middle is the people who just dont care, and just like the music