VCI Global's stock has suffered a dramatic 99.9% decline year-to-date, despite a significant $100 million investment in OOB tokens. The investment, backed by Tether and Solana co-founder Anatoly Yakovenko, involved a primarily non-cash transaction with 98.4% of tokens exchanged through share swaps. Tether acquired 39.8% of the PIPE shares in this deal. On December 4, VCI Global's stock volume surged to 5.7 million shares, tripling the 30-day average, yet the market capitalization dwindled to $7.66 million. Despite Solana's total value locked (TVL) reaching $10 billion in November and Oobit's migration to Solana for enhanced settlement speed, VCI Global's stock continued its downward trajectory, closing at $1.17, a stark drop from its adjusted IPO price of $1,440. The company's announcement of a $200 million RWA authorization in early December failed to reverse the bearish market sentiment.