WolvesDAO’s gaming and AI token WOOF launched on Avalanche on Friday but quickly crashed in price. It went live around 10 am ET and within two hours, it dropped from $0.041 to $0.009, a 78% price dump. Some on Crypto Twitter accused insiders and organizers of selling early, contributing to the quick price plunge. Investors like Jonah Blake decided to buy the token afterward due to their confidence in the team.