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SOPH

AI-powered news analysis from 85+ sources

articles

6

Long

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Short

5

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meme10/22meme

@unlovabledivine @Defi_Warhol https://x.com/sophon/status/2113366323812036667 https://x.com/sophon/status/2113366323812036667 Reply to @unlovabledivine: @Defi_Warhol @Sophon Raise 60M, shut down, keep treasury, yeah, that's a masterclass in legal exit scams.

72/100·B+Short

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meme10/22meme

3/3 SOPH token is an Ethereum ERC20, always has been. You can safely withdraw your assets on our L2 to Ethereum using https://claim.sophon.xyz. Reply to @Sophon: 2/2 for Sophon node holders: you’ll still receive 100% of your rewards. rewards continue vesting to your Ethereum wallets. Node NFTs have also been minted on Ethereum. you no longer need to run a node. the L2 shutdown does not affect your remaining rewards.

25/100·CNeutral

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meme10/22meme

2/2 for Sophon node holders: you’ll still receive 100% of your rewards. rewards continue vesting to your Ethereum wallets. Node NFTs have also been minted on Ethereum. you no longer need to run a node. the L2 shutdown does not affect your remaining rewards. Reply to @Sophon: 1/2 quick clarification: Sophon isn’t shutting down. only Sophon Chain, our L2, is being retired. Sophon is moving in a new strategic direction, and we’ll share more when the time is right. if you still have assets on Sophon Chain, please withdraw them by Nov 25.

72/100·B+Short

m

meme10/22meme

1/2 quick clarification: Sophon isn’t shutting down. only Sophon Chain, our L2, is being retired. Sophon is moving in a new strategic direction, and we’ll share more when the time is right. if you still have assets on Sophon Chain, please withdraw them by Nov 25.

72/100·B+Short

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meme10/22meme

@Defi_Warhol Sophon isn’t shutting down, we are pivoting. Reply to @Defi_Warhol: be @Sophon: 2024 > raise $10M from investors > sell 121K Guardian nodes for ~$60M ($15M from retail buyers) > launch mainnet with $500M in deposits 2025 > launch $SOPH straight on Binance > token reaches $0.11 ATH 2026 > reveal chain costs $3.4M/year > decide running your own chain isn't worth it > announce pivot to Base > announce shutdown for nov 30 > keep the treasury after shutdown legal way to scam?

78/100·AShort

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meme10/21meme

@DigiByteCoin reply (Wed Oct 21 22:26:35 +0000 2026): @top7ico DigiByte still going strong after 12+ years. Original @top7ico (Wed Oct 21 11:35:09 +0000 2026): 81 Crypto Projects Shut Down in 2026 The bear market keeps claiming victims. Since January, 81 crypto projects have announced they’re shutting down, including some of the industry’s biggest names: • Exchanges: BitMEX, BitMart, CoinEx, AscendEX, https://t.co/bINuTOETEh Chains & L2s: Blast, Abstract, Polygon zkEVM, Loopring, Sophon • DeFi: Balancer, Radiant, ZeroLend, Angle, Seamless • NFTs & wallets: Blur, Foundation, Magic Eden Wallet, Leap Wallet The reasons are mostly the same: trading volumes collapsed, airdrop farmers left, and some protocols never recovered from hacks, as with Balancer and Radiant. April was the worst month with 16 shutdowns, and the pace hasn’t slowed since: Blur, Abstract and Blast all announced closures in October alone.

35/100·CShort+3