The highly anticipated AI16Z to ElizaOS token swap has been completed across major exchanges, led by Binance Alpha 2.0, but the market response has been sharp and bearish. Following its rebrand and redenomination, ELIZAOS price drop 28.14% to $0.009202 in 24 hours, reflecting the impact of supply expansion and volatile sentiment in a weak crypto market.

Source: CoinMarketCap
Binance Alpha 2.0 announced on October 31 that it would suspend AI16Z trading on November 6 to facilitate the token swap on November 7, at 2:00 UTC. However, trading was briefly delayed due to liquidity setup issues by the ElizaOS project team.

Source: BinanceWallet
After completion, Binance reopened trading for ELIZAOSUSDT at 06:30 UTC today, confirming the 1:6 swap ratio.
Other leading exchanges – MEXC, Crypto.com, Tapbit, CoinW, and Bitget, quickly followed Binance in supporting the swap, amplifying trading activity.
This coordinated exchange activity led to a massive jump in 24-hour trading volume, reaching $3.94 million, but it also magnified short-term volatility.
The swapping increased the total supply from 6.6 billion to 11 billion, adding new liquidity to the marketplace but also diluting token value by roughly 83%. The circulating-supply rose to 7.48 billion, with 607 million tokens added for liquidity and 275 million for protocol-owned reserves.
While the move aims to improve ecosystem liquidity, traders reacted defensively. The sudden supply-expansion prompted many holders to sell, leading to a rapid price correction.
Before the swapping, AI16Z price jumped over 20% as traders anticipated the rebrand. However, following the relisting as ELIZAOS, the token’s price fell sharply by 28.14%, underperforming the broader crypto market, which slipped only 1.38%.

Source: CoinMarketCap
Analysts view $0.0085 (the post-swap equivalent of its 2024 lows) as a key support level — a break below could trigger deeper capitulation. Sustained recovery will depend on whether trading volume remains high and confidence returns as the project’s AI framework for autonomous agents gains visibility.
ElizaOS’s price reaction highlights the classic post-rebranding challenge, balancing growth potential with short-term market adjustment. While the swap unified listings across top exchanges, investors remain cautious as the market digests new supply and revalues the token’s fundamentals.
A short-term volatility is expected to continue as traders reassess fair value under the new supply metrics. Sustained recovery will depend on liquidity support, community confidence, and the success of ElizaOS’s AI framework for autonomous software agents.
Bhumika Baghel is a rising crypto content writer with a deepening interest in blockchain technology and digital finance. With a keen understanding of market trends and cryptocurrency ecosystems, she breaks down intricate subjects like Bitcoin, altcoins, DeFi, and NFTs into accessible and engaging content. Bhumika blends well-researched insights with a clear, concise writing style that resonates with both newcomers and experienced crypto enthusiasts. Committed to tracking price fluctuations, new project developments, and regulatory shifts, she ensures her readers stay informed in the fast-moving world of crypto. Bhumika is a strong advocate of blockchain’s potential to drive innovation and promote financial inclusion on a global scale.