In just one hour, $ELIZA surged to a staggering market value of $80 million, epitomizing the frenzy of memecoins. Unfortunately, for many investors, its rapid ascent mirrors the speed at which they’ve seen losses pile up.
One standout success story belongs to a Smart Money wallet, 36hpY…j5Y4v. This insider purchased $ELIZA tokens worth just $228 and has since turned it into a jaw-dropping $1.12 million, boasting an astronomical return rate of 493,377%. The wallet opened a position of 16.45 million tokens at $0.0000139 during the insider trading phase and has already sold off 97% of its holdings. The token’s current price stands at $0.06544.
. $ELIZA 一小时速通 8000 万美金市值，Memecoin 的疯狂程度和我亏钱的速度明显呈正比🥹
聪明钱 / 内幕玩家 36hpY…j5Y4v 买了 228 美金彩票，目前已获利 112 万美金，回报率 493377%，这是真实存在的数字吗…🥶 他在内盘阶段以 $0.0000139 建仓了 1645 万枚代币（现价 $0.06544），目前已抛售 97%… pic.twitter.com/fls0rjbKMq
— Ai 姨 (@ai_9684xtpa) November 19, 2024
$ELIZA, the latest token launched by ai16z founder Shaw, has sparked intrigue and speculation in the crypto community. Shaw clarified that ELIZA represents a real individual and is not affiliated with ai16z. Additionally, 10% of $ELIZA tokens will be allocated to holders based on a snapshot taken on the **vvaifu.fun** platform.
Despite its initial success, the rapid rise of $ELIZA has drained liquidity from $ai16z, which has seen its value plummet. Since $ELIZA’s launch, $ai16z has fallen by 42%, while $ELIZA’s current market capitalization sits at $289 million.
$ELIZA 是 ai16z 创始人 Shaw 新发行的代币
Shaw 表示：ELIZA 是一个真实的人，不属于 ai16z。10% 的代币将分配给已快照的 https://t.co/OEWn9QryGS 平台上的 eliza 持有者
ELIZA 的快速上涨导致 $ai16z 被严重吸血，新币上线以来已下跌 42%，当前市值 2.89 亿美金📉
— Ai 姨 (@ai_9684xtpa) November 19, 2024
For investors, $ELIZA’s meteoric rise demonstrates the volatile nature of memecoins. While some reap unimaginable rewards, others face significant losses, underscoring the unpredictable dynamics of speculative trading in this market. As $ELIZA continues to dominate conversations, its trajectory serves as both a cautionary tale and an example of the high-stakes allure of memecoins.
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.
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Source: https://nulltx.com/the-meteoric-rise-of-eliza-a-memecoins-wild-ride-and-investor-woes/