According to CoinMeta, the AI proxy token, which was once worth $2.4 billion, came to an end after its founder announced the demise of its successor token, ElizaOS. Founder Shaw Walters stated that the ElizaOS token had ended, and that the foundation would be closed, advising holders to sell their tokens. Walters indicated that the token was completely “dead” and that no further support, buybacks, or supply measures would be provided. He plans to continue developing the software but will not launch any new tokens. The current trading price of ElizaOS is about $0.00031, with a market value of approximately $2.3 million, representing a 97% decline from its peak. AI16Z reached a market value of $2.39 billion on January 2, 2025, with a daily trading volume of $291 million. The closure of Walters was attributed to litigation, and the foundation has transferred the remaining funds to reach a settlement with holders.