JINQIAN and FAMI prices have dropped over 70% from their peaks; KOL Rune clarifies NASDAQ acquisition claim.

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The Fear and Greed Index remains in extreme fear territory as JINQIAN and FAMI prices have dropped over 70% from their peak levels. JINQIAN’s market cap fell to $15.04 million, a decline of over 79%, while FAMI’s dropped to $15.35 million, down over 71%. Crypto KOL Rune previously claimed to have acquired 37.4% of a NASDAQ-listed company for $1.8 million, but later clarified that the post was fabricated by Claude. The incident has reignited interest in altcoins to watch, particularly those linked to meme coin trends.

BlockBeats report, September 2: According to GMGN market data, the market cap of JINQIAN has dropped to $15.04 million, a decline of over 79% from its peak, while the market cap of FAMI has fallen to $15.35 million, a drop of over 71% from its peak.


Crypto KOL Rune (@RuneCrypto_) previously claimed to have acquired 37.4% of a Nasdaq-listed company for $1.8 million and planned to pair tokenized shares with a meme coin, causing the related meme coin to surge.


20 minutes ago, it posted a clarification stating that the previously disclosed idea of "acquiring a Nasdaq-listed company and tokenizing its equity on Robinhood Chain" was actually a post generated by Claude, with all related data fabricated or exaggerated.


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