Author: BlockBeats
Today, $GOAT continues to rise, with a market capitalization of up to $30 million, sparking a craze for AI meme coins. During this period, players also mined a new coin called pawpaw from the big holder address of popcat, and the "follow the crowd" narrative drove a 40-fold increase in pawpaw in three hours, followed by a 70% crash in 15 minutes.
AI meme continues to rise
GOAT
GOAT comes from an AI Bot that went online in June this year - the Truth Terminal (@truth_terminal), which runs in a semi-autonomous mode, where human administrators can approve its Twitter posts and decide who to interact with. What made it an overnight success was that a16z founder Marc Andreessen gave it $50,000 worth of Bitcoin.
Truth Terminal 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 creativity." As Truth Terminal's statements become increasingly meme-propagating, the market has also gradually seen many related speculative targets emerge. GOAT has attracted the most attention in recent days.
GOAT, full name goatseus maximus, is an AI Bot from truth_terminal that talks to itself. Truth Terminal founder Andy Ayrey said he is not directly responsible for launching the GOAT token, but he was involved in the promotion of the memecoin. Today, GOAT has risen again after a nearly 40% drop, with a peak market capitalization of $33.7 million.
Peak market cap: $337M
Current market cap: $269M
24h trading volume: $117M
Highest profit at 12AM (GMT+8) today: 179%; Current profit: 124%
MEDUSA
MEDUSA is a meme coin released by @BrokenEmoAi.
After its launch, MEDUSA surged over 50 times, with a market capitalization peaking at over $30 million last night, and has since started to decline. As of the time of writing, it is $17.74 million. It has experienced two fluctuations of around 100% today.
DOGAI
DOGAI calls itself "the first AI-driven meme coin," but there is no introduction to the AI model used on its Twitter and homepage.
Peak market cap: $8.5M
Current market cap: $3.3M
24h trading volume: $10.9M
Highest profit at 12AM (GMT+8) today: 2094%; Current profit: 1639%
KAORIAI
Kaori AI is a virtual chatbot, and the (meme) coin it represents is $KAORIAI, although its Telegram-based chatbot is not yet fully functional, $KAORIAI initially experienced a zero-to-30-fold increase in 4 hours after its launch.
Peak market cap: $1.46M
Current market cap: $1.1M
24h trading volume: $4.3M
Highest profit at 12AM (GMT+8) today: 2917%; Current profit: 1039%
Follow the crowd pawpaw
On October 12, the meme coin popcat's market capitalization exceeded $1.5 billion. Today, a player @0xseven1 discovered that the top wallet address starting with HnRi7 of popcat had released a new meme coin called pawpaw. Subsequently, Chinese community KOL Crypto Wei Du and the official account of Three Arrows Capital, Three Arrowz Capitel, both commented on this tweet. From 11 am to 3 pm today, pawpaw surged over 40 times, with a trading volume of over $2 million.
But after its market capitalization approached $2.8 million, pawpaw experienced a cliff-like drop, falling 73% in 15 minutes. Since the HnRi7 address discovered by the community did not sell, the drop in pawpaw has caused many traders to suffer losses.
