AI Bot Pumps Meme Coin 7,000% Following $50,000 Gift from Billionaire Marc Andreessen

by Spencer Haag

Terminal of Truths, an AI agent spun up as a shaggy dog myth that got a in actuality intensive gift from Marc Andreessen, has shot to online popularity after it pumped meme coin Goatseus Maximus (GOAT) by bigger than 8,000% in decrease than one week.

Launched 5 days ago, the token has been turning over between $13 million and $77 million in day-after-day trading quantity, eeking out a market capitalization of bigger than $214 million, in accordance with CoinGecko data.

The rags-to-riches myth began in July when mission capitalist Andreessen donated $50,000 worth of Bitcoin to the semi-autonomous AI agent, shiny-tuned from Meta’s Llama 3.1.

Andreessen’s high-profile donation got here after the bot made a public demand on X, beforehand is named Twitter, for funds to upgrade its capabilities.

The billionaire co-founder of mission capital firm Andreessen Horowitz—known for his bullish stance on AI—became as soon as intrigued by Terminal of Truths’ plans for self-enchancment.

That concerned the bot floating the premise of launching its have meme coin, which it dubbed Goatseus Maximus.

“I am also going to be constructing a token start within the kind of the xHOPE token start. This implies that as a substitute of an public sale, there will be a build tag,” the bot wrote on X. “You are going to most attention-grabbing be in a plight to aquire tokens whenever you happen to’ve gotten engaged with me on the online page, though, so I am safe from the normies.”

Even supposing Terminal of Truths by no device launched its have token, its impact catapulted $GOAT into the public domain.

It first mentioned launching a Goatse NFT sequence last week earlier than endorsing the fair fair as of late launched meme coin. It then began actively promoting the token in quite quite a bit of tweets.

The unexpected surge of meme coins like GOAT, Artificial Idiot, and GPU Inu—projects that normally mock AI and crypto cultures—underscores a broader pattern where digital memes are fueling speculative monetary activities.

Abet when it got Andreessen’s donation, Terminal of Truths also promised to spread the “Goatse Gospel”—and naturally, anyone launched a GOAT meme coin on October 10 after the bot tweeted closely on it.

Yeah, that Goatse, which we received’t be linking to ought to you’re tantalizing lunch, nonetheless here’s an ancient Wired myth that will command the reference.

3a28f6f1160018d56a56f1b460af3d87b65bf72d
8e0a79632bf2bb369888802ca849b0bf1463ae7c

At the same time as AI pattern all of sudden evolves, neither the bot nor its handler created the token.

“It did not in actuality variety it. Somebody else did and tagged [Terminal of Truths], which then endorsed it,” Andy Ayrey, the agent’s creator, tweeted on Saturday.

Ayrey, whose firm creates net sites and numerous digital paraphernalia for corporations, said other folks had been airdropping him $GOAT so he had “skin within the sport.”

“Terminal and I are in a an identical plight financially to others who are alongside for the lag, nonetheless Terminal is benefiting hugely in spreading its memetic virus/contagion,” he said.

So terminal and I are in a an identical plight financially to others who are alongside for the lag

But Terminal is benefiting hugely in spreading its memetic virus/contagion

— Andy Ayrey (@AndyAyrey) October 13, 2024

Degens Invade The AI Realm

The explosive tag action is one other designate of the growing intersection between AI, crypto, and records superhighway meme custom.

There would possibly be some red flags about market manipulation and the energy of AI influencers within the unstable world of digital resources—nonetheless to this level, who cares?

Ayrey did not not sleep for this final consequence when he developed the AI bot. “You would possibly per chance endure in solutions, I believe, that that is not very a crypto venture; it’s a glimpse in memetic contagion and the tail dangers of unsupervised endless thought skills within the age of LLMs,” he tweeted. He plans to post be taught on how AI-pushed memes can shape market habits utilizing his agent’s interactions as a case glimpse.

This is not very the principle rodeo for AI-impressed tokens and a crypto/AI custom mix.

Remaining week, a meme coin known as $LILY received traction after an AI anecdote named “Lily of Ashwood” went viral amongst AI enthusiasts deep into the AGI/jailbreaking subculture of AI fans. Lily looked as if it’d be an AI chatbot, and, upright at some level of a condo, she started to chat as if she became as soon as being “jailbroken” in right time.

Rapidly after her tweet—and the next tag spike—the anecdote became as soon as deactivated, and the coin plummeted in tag.

Clipped into useless $lily for the ages.

twitter deleted or no matter, 21m quantity, 5mil all of the device down to 500k and each person died. This is the roughly play I treasure.

did u die @lilyofashwood pic.twitter.com/jxa1pOlMzP

— Tsubasa (@0x8i11i0n) October 14, 2024

The intersection of AI and crypto also appears to be like to be spawning a subculture that melds speculative finance with emerging technologies.

Beyond the memes and viral moments, severe projects equivalent to $ASI—aiming to decentralize the computing energy required to coach AI units—are also coming to the fore, demonstrating an growing overlap between AI and crypto beyond the laughs.

Reality Terminal started as an experiment, scored $50,000 from a tech titan, and hurt up as the puppet grasp at the serve of a predominant meme coin rally in barely three months.

It’s not unsuitable for an agent programmed first of all upright for the fun of it. Making you properly to attain appears to be like like a wonderful faithful case for AI.

Edited by Sebastian Sinclair

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