Eliza Labs founder Shaw Walters said the ELIZAOS foundation is closing and holders should sell, ending the token that replaced AI16Z after a lawsuit, rebrand and 97% crash. Shaw Walters, founder of Eliza Labs, declared the ELIZAOS token “completely” dead, said its foundation is closing and urged holders to sell, while vowing to keep building the underlying software without a new token. ELIZAOS, which replaced the once–$2.4 billion AI16Z token, has fallen about 97% from its peak to a roughly $2.…
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