According to ChainCatcher, a16z founder Shaw tweeted regarding "purchasing the FUN token on pump.fun", stating, "Currently, there is no official auto.fun token and no related plans. The purchased token is merely for hype. I will send my supply to the DAO, and I think we will keep it. You can freely make it the CTO or something else."
Possibly influenced by this message, according to GMGN market data, the FUN price quickly dropped below $500,000.



