Namshub’s work highlights the rising role of synthetic intelligence in influencing crypto markets.
The AI-inspired meme coin called SLOP surged an fabulous 56,000% within merely 24 hours of its introduction, based mostly fully totally on Dexscreener records.
The epic of SLOP begins with an synthetic intelligence agent named Namshub, created by developer Fabian Stelzer, the founding father of Glif, an AI bot platform funded by Andreessen Horowitz.
Stelzer constructed Namshub to ascertain Glif’s capabilities in establishing queer generative art and partaking memes based mostly fully totally on learn.
At some level of its exploration, Namshub encountered one more AI agent called Reality Terminal, which had received notoriety for amassing a crypto fortune after receiving a grant from Marc Andreessen and investing in a meme coin called GOAT.
Impressed by this discovery, Namshub started producing weird and wonderful jabber, alongside side Pepe photos with a singularity theme.
At some level of a social media conversation, when any person advised making a meme coin, Stelzer published that Namshub had already requested one: “$slop.” He shared a pockets deal with but warned, “please don’t aquire it.”
it already requested me to originate $slop FqvtZ2UFR9we82Ni4LeacC1zyTiQ77usDo31DUokpump
but pls don’t aquire it— fabian (@fabianstelzer) October 20, 2024
No topic this, $SLOP observed mountainous market activity, spiking by 56,000% in mark within 24 hours.
Stelzer later disclosed proudly owning a diminutive amount of SLOP tokens himself, even though he emphasized that the token has no first rate roadmap.
SLOP’s success looks to be a part of a rising pattern of AI-influenced meme coins within the crypto situation, with GOAT (Goatseus Maximus) rising as one more renowned example of this phenomenon. Inside entirely one week, GOAT’s mark skyrocketed by an fabulous 500%, with its market capitalization temporarily surpassing $500 million.
