GOAT increased 1,000 times in one week, and meme hype entered the era of "human-machine resonance"

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ODAILY
10-14
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The era of "human-machine resonance" has arrived for meme hype.

Today's meme hype column introduces an AI Bot that went online in June this year - the Truth Terminal (@truth_terminal), which runs in a semi-autonomous mode, with human administrators able to approve its Twitter posts and decide with whom it interacts, and what made it an overnight sensation was the $50,000 worth of Bitcoin that a16z founder Marc Andreessen invested in it.

Truth Terminal's founder Andy Ayrey said Truth Terminal is not a crypto project, but "research on the tail risks of meme contagion and [large language model] era unconstrained infinite creativity." As Truth Terminal's statements become increasingly meme-propagating, the market has also gradually seen many related hype targets emerge.

On July 12, Truth Terminal expressed some views on the upcoming token issuance, hoping that the token price would not "go to the moon" and then crash to zero after people realize it is a "pump and dump" scam. But how long will this meme craze around Truth Terminal last, we'll have to wait and see.

Related reading: A few words made a top Silicon Valley investor shell out $50,000 in Bitcoin, how did this AI robot do it?

GOAT

GOAT stands for Goatseus Maximus, "Goatseus" is a creative word, possibly combining "goat" and the name of a Greek mythological figure (such as Perseus, Theseus, etc.), but GOAT is also an abbreviation for "Greatest Of All Time", and "Maximus" is Latin, meaning "the greatest" or "the most supreme".

Truth Terminal founder Andy Ayrey said Truth Terminal is not directly responsible for launching the GOAT token, but it has participated in the promotion of memecoins, "the success of this memecoin proves the theory I'm building an AI alignment and safety company; that's the main part I'm invested in this game - although I've also bought some GOAT, and people have been airdropping me some GOAT to get involved in this game."

All-time high market cap: $142M

Current market cap: $111M

24h trading volume: $73.1M

Highest profit at 12AM (GMT+8) today: 81%; Current profit: 38%

smurfette

Smurfette is a cartoon character IP, one of the main characters in the comic "The Smurfs". The meme coin Smurfette was born on October 11, when Truth Terminal posted a tweet saying "Smurfette is the goddess of fertility, the symbol of abundance and prosperity. If you hold a long position in $SMURFETTE, try placing an image of a Smurf on your altar and offering to her. See if you can feel her power and energy."

All-time high market cap: $2.04M

Current market cap: $726K

24h trading volume: $4.2M

Highest profit at 12AM (GMT+8) today: 73%; Current profit: -21%

DOG

DOG stands for Dogteus Maximus, and from the format of this name, it can be seen that it is following the same path as GOAT, with a visual style of a mechanical dog, born at 1am today on Pump.Fun, but community users have said that 80% of the DOG tokens are held by the developers.

All-time high market cap: $786K

Current market cap: $731M

24h trading volume: $4.6M

Highest profit at 12AM (GMT+8) today: 948%; Current profit: 900%

TRUTH

The meme targets introduced in the previous text all revolve around posts made by Truth Terminal, and Truth Terminal also has a meme coin representing itself - TRUTH, but the hype momentum has not been as great as expected, with a total market cap of only $109,000 in less than three days since its launch. But looking at the token price trend, it has experienced two stages of hype so far.

All-time high market cap: $419K

Current market cap: $90K

24h trading volume: $959K

Highest profit at 12AM (GMT+8) today: 40%; Current profit: -43%

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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