
The AICC token, launched via a whitelist on DAOs Fun, rapidly achieved a market capitalization of over $130 million. Early participants, primarily influencers, reportedly reaped significant profits before selling off their tokens, raising concerns within the community about the fairness and transparency of the token's distribution. Only around 240 individuals were allowed to participate in the initial token generation event, with entry prices starting at 0.5 Solana and peaking at around $250,000. Meanwhile, the broader market for AI agent tokens has experienced a sharp decline, with AI16z losing more than 60% from its recent high.



Bitcoin risks losing key support zone as traders sell risk assets and AI agent tokens have suffered deep correction with $AI16z down more than 60% from record high. @godbole17 and @OKnightCrypto report in Crypto Daybook Americas. https://t.co/r3KmKWSvIM
Bitcoin slumped to an almost two-month low as investors dumped riskier assets after a sharp rise in bond yields https://t.co/97TsulOjuf
AI agents are down $4B since $AICC TGE https://t.co/epZPUvwrqW