GNON, an AI-inspired token, has experienced a significant drop in value, losing 95% of its worth. Despite its positioning as a 'neo religion' token and gaining attention from crypto influencers, GNON quickly plummeted from its peak price of $0.20 to just $0.008. The crash appears to be a loss of faith in the project, with the founder and other whales liquidating their GNON holdings. This drastic decline has raised doubts about the future of GNON, and it may struggle to regain its meme status. A community takeover would require renewed liquidity and faith in the project. Some believe there is a potential for reversal or a bounce, but others consider GNON a dead project due to the disappearance of its creator.
- Content Editor ( cryptopolitan.com )
- 2024-10-28
Numogram (GNON) erases 95% of value, founder sells public holdings