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ai16z Founder's New Token ELIZA Surpasses $80 Million Market Cap Within 1 Hour

BlockBeats News, November 19th, according to GMGN data, ai16z co-founder Shaw's newly issued token ELIZA went live with a market value exceeding $80 million within 1 hour, reaching a peak of $85 million, and is currently trading at $62 million with a trading volume of $226 million.

Shaw stated: ELIZA is a real person and does not belong to ai16z. 10% of the tokens will be allocated to Eliza holders on the vvaifu.fun platform who have been snapshot.

BlockBeats Note: vvaifu.fun is an AI agent launch platform based on the Solana blockchain, which allows users to launch and manage AI characters by holding specific tokens. These AI agents are not just simple chatbots but entities capable of autonomous decision-making, learning, and iteration.

BlockBeats reminds users that Meme coins currently have no practical use case, experience significant price volatility, and investment should be cautious.

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Shaw hopes that the establishment of a16z will attract more people to participate, collaborate on building and improving the technology together, making it a collective achievement.

On-Chain Activity