AI agent token once worth $2.4 billion ends with founder calling it dead

CryptoInfo Editorial Team · Published on August 05, 2026 at 12:28 · Updated on August 06, 2026 · 1 min read

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Key Takeaways

→The ELIZAOS token, once worth $2.4 billion, is ending with its founder advising holders to sell.
→The token's demise follows a lawsuit, rebrand, and 97% crash.
→The ELIZAOS foundation is closing as a result.

Disclaimer: This content is provided for informational purposes only and does not constitute financial or investment advice.

The ELIZAOS token, which was once worth $2.4 billion, is coming to an end. According to reporting from CoinDesk, Eliza Labs founder Shaw Walters has announced that the ELIZAOS foundation is closing and that holders should sell their tokens.

The ELIZAOS token was created after a lawsuit and a rebrand from AI16Z. However, the token's value crashed by 97%.

With the founder now calling the token dead, the project is officially coming to a close. This marks a significant end to a token that was once highly valued.

Source: CoinDesk ↗