CYBERLEEK has given back a large share of its parabolic rally. Indeed, the token fell by nearly 60% right after the account behind the campaign posted footage of the game’s prologue.

The Solana meme coin ties directly to the Grand Theft Auto VI leaks. Now, it trades at 71.30% below its all-time high of $0.03436, reached on August 23.

Why the Bigger Leak Failed to Reverse the Slide

CyberLeek began circulating gameplay clips on August 18, days after the token itself went live. Early videos showed driving, flying, nightclubs, stores, radio stations, and map details from Leonida.

The clips were watermarked with QR codes pointing buyers toward the coin. Holders even used CYBERLEEK transfers to vote on which footage would drop next.

The token’s launch was not a coincidence. On-chain records show the project domain was registered on August 14, and the token first traded on August 15, while the first public leak arrived three days later.

That sequence, combined with buy prompts inside the videos, raised suspicion. Critics accused the campaign of functioning as a pump dressed up as a consumer protest. As a result, the market cap jumped from near zero to more than $20 million at the peak. Short-term gains, in fact, exceeded 1,400% during the frenzy.

On August 26, the leaker posted a roughly five-minute clip from a Lucia-focused prologue section, after earlier footage of Jason in a police chase that ended with a brief Lucia cutscene.

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That drop was billed as the first true story spoiler. It arrived the same day Rockstar Games broke its silence, calling the leaks “heartbreaking and unfortunate” while confirming that the Netflix Extended Look would still air as planned.

“…Many thought initially this would be a HUGE catalyst, and the Cyberleek team shared the ENTIRE prologue of one of the main characters from GTA6, however it did not move the needle…,” one analyst said on X.

What the Collapse Reveals About the Trade

The market did not treat the spoiler as fresh fuel. CYBERLEEK now trades at $0.006819, with a market cap of $4.99 million, according to CoinGecko data, 71.30% below its August 23 peak. The takedown of the project’s own website added fresh pressure, sparking what the exchange described as developer desperation and accelerating an already steep decline.

Classic meme coin mechanics, profit-taking after a listing-driven pump, collided with mounting legal pressure. Take-Two has sought subpoenas against Microsoft, Discord, and X to identify the source of the leaks.

CyberLeek has framed the leaks as a fight for physical discs, offline single-player access, and an end to locked fake DLC. Rockstar’s statement did not address those demands. Boxed copies of GTA VI are expected to contain a download code rather than a disc.

Consumer groups such as Stop Killing Games have rejected the leak tactic even while sharing some of the ownership concerns.

On the other hand, the official Extended Look airs on Netflix today, August 27, giving fans their first officially sanctioned look at the game after weeks of unauthorized leaks.

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Whether that footage ends the leak premium or merely gives traders another headline will determine whether CYBERLEEK’s collapse is a pause or the end of the trade.

Source: BeInCrypto