JINQIAN, FAMI Market Caps Drop Over 70% as KOL Rune Admits Acquisition Plan Was Fabricated by Claude

News Editor

2026-09-02 15:46:11

JINQIAN and FAMI market caps have fallen over 79% and 71% from highs, respectively. Crypto KOL Rune previously claimed to acquire a Nasdaq-listed company for $1.8M, sparking a rally in related meme coins. He later clarified the plan was a post generated by Claude, with fabricated data.

Market Data: JINQIAN and FAMI Plunge

On September 2, according to GMGN market data, JINQIAN's market cap dropped to $15.04 million, down over 79% from its peak, while FAMI's market cap fell to $15.35 million, losing over 71% of its peak value.

Crypto KOL Rune Admits Acquisition Plan Was AI-Generated

Crypto influencer Rune (@RuneCrypto_) had previously claimed to have acquired a 37.4% stake in a Nasdaq-listed company for $1.8 million, with plans to pair tokenized stocks with meme coins — claims that triggered a surge in related meme coins. However, 20 minutes ago, he clarified that the "acquisition and equity tokenization" plan was actually a post generated by Claude, and the data involved was fabricated or exaggerated.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.

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