Rune Claims Previous Acquisition Post Was Fabricated; FAMI and JINQIAN Drop Below $20M

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On September 2 (UTC+8), Trader Rune claimed that the previous post regarding the acquisition of a NASDAQ-listed company was fabricated using Claude. The cited figures—$4.8M market cap, $0.12 stock price, and 92.3% short interest—were inconsistent with actual data. Meme coins FAMI and JINQIAN, previously tied to Rune’s announcements, plummeted sharply. FAMI’s market cap fell to $18M with a 46% drop in one hour, while JINQIAN declined to $17.5M with a 57% one-hour drop. Altcoins under observation remain under pressure as the Fear & Greed Index reflects heightened volatility.

According to ME News, on September 2 (UTC+8), trader Rune again tweeted that his previous post claiming to have acquired control of a Nasdaq-listed company was “fabricated content generated by Claude, with all figures invented and exaggerated.” Earlier, community members had added contextual notes pointing out that no Nasdaq-listed stock exists simultaneously meeting the stated criteria of a $4.8 million market cap, $0.12 share price, and 92.3% short interest. As a result, meme coins FAMI and JINQIAN, previously speculated to be linked to Rune’s plans, plunged sharply. According to GMGN market data, FAMI’s market cap stood at approximately $18 million, down about 46% in one hour; JINQIAN’s market cap was around $17.5 million, down about 57% in one hour—both have significantly retreated from their previous highs. (Source: Foresight News)

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