ElizaOS Token Collapses to All-Time Low Amid 'Completely Dead' Declaration

The ElizaOS token has hit an all-time low of $0.000274 after experiencing a 7% drop in value over the past 24 hours, according to data from CoinGecko.

This decline comes on the heels of a statement from founder Shaw Walters, who declared the token 'completely dead' and announced that he would no longer support or back it.

The token's market capitalization has plummeted to $2.09 million, down significantly from its peak of $2.5 billion in January 2025 when the project was still operating under the name AI16Z.

Walters stated that he would continue developing the open-source software without a foundation structure or associated cryptocurrency, but emphasized that there would be no token buybacks or future intervention on supply.