$ELIZAOS went from a $2.5B market cap narrative monster to almost a $10M FDV.

That’s basically a 99%+ wipeout.
Now the real question is: @elizaOS
Is it dead?
Or is this where asymmetric bets are made?
Here’s my view 👇
Most AI agent coins were pure hype.
But Eliza actually shipped:
• open-source infra
• working framework
• plugins
• memory systems
• multi-agent architecture
• active developer ecosystem
Even today, many AI agent projects still reference or build around Eliza OS.
That matters.
At these valuations, I’m not looking at it like a “safe investment.”
I’m looking at it like:
either this goes to zero…
or it becomes one of those insane comeback stories that does 50x–100x from the bottom.
That’s why I’d only allocate small capital here:
1%–5% max.
Buy.
Forget.
Let the asymmetry play out.
Because when narratives return, the market usually rotates back to:
“survivors with real infra.”
And Eliza OS is still one of the few AI agent projects that actually built something real.
NFA