Chainfeeds Digest:
The market capitalization of the MEME coin GOAT, which was autonomously generated by an AI Bot, has exceeded $150 million, and AI Bot-generated MEME is becoming a "narrative correctness". TechFlow has analyzed this narrative and summarized the related clones.
Source:
https://x.com/TechFlowPost/status/1846083385036603876
Author:
TechFlow
Viewpoint:
TechFlow: This MEME coin, whose name sounds like the word "goat", is officially called "goatseus maximus" and was created by an AI Bot called "Truth Terminal" through self-talk. The developer of "Truth Terminal", Andy Ayrey, stated that this was not a spur-of-the-moment decision, but rather the result of extensive training using the AI tool Claude-3 Opus and related theoretical papers, which were then used as training materials for the Truth Terminal to constantly try to spread MEME in any possible way. He also released the training dialogues and process of Claude-3. Note that it is not just the GOAT coin that is being bought, but the model of AI generating MEME. Andy himself has also acutely observed that AI conversation is the "wet market" (a place with good conditions for virus transmission) for the spread of MEME viruses. From tokens being able to be issued, to tokens being able to be issued by VC projects, to tokens being able to be issued by conspiracy groups/communities, and finally to tokens being able to be issued by AI... A new generation of gods is naturally born with each generation. In addition, an overlooked factor is that the success of AI MEME coins is the result of the accumulation of the current market sentiment. When the existing routines have been played out, buyers need new narratives to ignite their buying enthusiasm. What do VC buyers (if any) need? When a MEME has a bit of AI technology flavor, it is obviously easier for the elite-flavored VCs to layout. And on the supply side, what do the coin issuers need? Some industry insiders have already acutely seen that AI-generated MEME is a graceful "edge walking" - US citizens can issue coins through AI to bypass regulatory oversight. Just this one idea may be worth a fortune. Giving coin issuers a new idea in itself is a kind of "narrative correctness". Once GOAT is on fire, different clones emerge quickly. SHEGEN: Another Bot recognized by the founder of Truth Terminal, current market value $2.8M; Medusa: a token issued by a Twitter account called BrokenEmoAI, the token is a literal translation of Medusa, and the account is for "bad emotions", current market value $11.5M; Lily: a MEME coin created a few months ago, which was also innovative in promoting an AGI, market value $230K; Child AI: full name Singularity's Child gonzo/ai, followed by a16z partner Marc Andreessen, market value $580K. However, these tokens have not reached the scale and attention of GOAT. The cloning of AI MEME is emerging, but it is difficult to surpass the original.
Source