๐จ The AI agent coin once worth $2.4 billion: the founder personally announced it "died"โand urged everyone to sell now?
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ฅ็็็็ฒไธ็พค๐ธ Eliza Labs founder Shaw Walters posted directly declaring the ELIZAOS token "completely dead"
๐ธ The foundation is closingโno more support, buybacks, or any supply measures; holders are being urged to sell quickly
๐ธ The former AI16Z token peaked at a market cap of $2.4 billionโnow itโs down 97%, leaving only $2.3 million
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Behind it is a class-action lawsuit, accusing the project of exaggerating the "AI autonomous venture investing" concept and also diluting holders
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Lawsuit and settlement fees drained the foundationโs treasury; the project went from a star to bankruptcy in just 19 months
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Walters said he would continue building open-source software, but wonโt issue any new tokens
Honestly, how hard AI Agent coins were hyped last yearโand how badly they crashed this year.
$2.4B to $2.3M isnโt a cut in half; itโs a cut at the ankle. Itโs a lesson for retail investors chasing the AI narrative.
Do you think AI agent tokens are the next big waveโor just another bubble? Letโs discuss in the comments below ๐
#AIไปฃ็ #AI16Z #ๅ ๅฏๆณกๆฒซ #ไปฃๅธ