đ¨ a16z Denies Ties to A16ZE Token â Price Crashes 97%
On June 3, a16z partner Marc Andrusko publicly clarified:
â Neither he nor a16z has any connection to the tokens a16ze or b16z
đ˘ Even Believe founder Ben Pasternak, whose platform launched the A16ZE token, confirmed no affiliation with a16z.
đ After the clarification, $A16ZE plummeted from a peak $12M market cap to just $332K
â ď¸ Be careful with tokens named after famous brands â Always DYOR!