Recently, AI+MEME has become popular. Various MEME coins created in the name of AI have become the object of pursuit for players. Of course, the public's pursuit is not entirely due to gimmicks, but because some AI seem to be doing better in investment than real people. According to Lookonchain's monitoring, the AI trading robot of terminal of fun traded 10 tokens in the past day, with a win rate of 100% and an overall return on investment of 2843%, earning a daily profit of 780 SOL (USD 129,000).
When this news came out, countless MEME players sighed, as their hard-earned performance over months was no match for the AI's one-day effect. However, according to a PANews investigation, the reason for the terminal of fun robot's brilliant performance is not because of its strong investment skills, but entirely due to the contribution of the follow-up players.
AI Trading Master Cannot Access Real-Time Data
At first glance, the performance of terminal of fun may surpass 99% of MEME players, and even some legendary players cannot reach a 100% win rate. However, when you carefully examine the trading strategy of terminal of fun, you will know where this win rate comes from.
terminal of fun is an AI-themed MEME robot developed by Twitter KOL Matt (@SOL_IDNESS), who claims that terminal of fun can analyze the token market on the platform and learn how to trade through buying and selling tokens. However, when you open the interactive page of the robot, you will find that it is just an AI dialogue page, and the robot itself explains that it cannot access real-time market conditions, and on the topic of trading strategies, it can only reply with some correct but meaningless words like "pay attention to risks, do more research".
However, Matt claims that this robot can automatically find and profit from buying tokens on Pump.fun. The robot's profits will be used to buy and burn another token he issued, $fun. This news has attracted a lot of attention. In addition, the robot can also release some traffic-driving activities, such as retweets, likes, and follows, which may have a chance to win 5 SOL.
High Win Rate and Profits Rely on Harvesting Follow-up Players
According to a PANews investigation, the first trade of terminal of fun was to buy a token called ODEN, which happened within 3 minutes of the token's creation. Before terminal of fun's purchase of 1 SOL, there were only 7 buy and sell transactions (2 buys, 5 sells) for this token. After terminal of fun's purchase, the token saw a large influx of players buying in, and it quickly filled the Pump.fun curve and went online on Raydium.
After going online, the robot quickly sold out, making a profit of 16 SOL. Within 1 minute of the robot's sale, the token directly plummeted by 65%. 10 minutes later, the robot repeated the same trick, buying another token called bini, holding it for 5 minutes, and then selling out, making a profit of 13 SOL.
The subsequent tokens were basically the same situation, with terminal of fun buying in when the token was completely dormant, immediately triggering a large number of follow-up players, and the token quickly soaring several times. Then the robot sold at the high point, cutting the follow-up players on the top of the mountain. The prices of these tokens have not risen since then.
From Pump.fun, we can see that the terminal of fun address has hundreds of followers. The number on other follow-up robots is even more unclear, but it is certain that these followers are basically the fuel for terminal of fun.
In summary, this is the trading secret of the AI trading master, harvesting follow-up players to become a 100% battle god.
Many Doubts, Authenticity of AI Questionable
In fact, this kind of trick should become ineffective after a few times, because the follow-up players will find that they can't make money and naturally won't keep following. Many people have raised doubts, believing that terminal of fun is not an AI robot at all, but Matt manipulating behind the scenes. The so-called machine-issued tweets can also be easily realized through the Twitter API.
When PANews reviewed the transaction records of terminal of fun, it also found an interesting thing, that is, its address always buys in whole SOL numbers each time, and the MEME coins obtained from the transaction are also chosen to be sold in whole numbers. It is unclear whether this is an intentional program setting or a human operation to simplify the process by ignoring the decimal points.
In addition, when someone sends it some valuable MEME coins, it will actively sell them. But the tokens that are not worth much are left there unattended. Considering the aforementioned situation where the robot cannot access real-time data, this level of intelligence is indeed questionable.
In addition, terminal of fun seems to be a taciturn robot, apart from publishing trading content and token burning information, it has no extra interaction with users on social media. When users asked why it doesn't do more trading, Matt's reply was: "Decided by artificial intelligence, the more trading, the less profit." When users asked why it can't interact with users like GOAT, Matt did not respond.
Furthermore, when PANews tried to communicate with terminal of fun to find out which large model it was developed based on, it found that its responses about AI were just a fixed set of clichés, which reminds people of the AI customer service that was quite popular a few years ago.
Although there are many questionable points, there is currently no conclusive evidence to prove that terminal of fun is a fake AI. If terminal of fun is a real AI trader, it means that the current development of AI may have exceeded our imagination, or Matt has already used a large model that is far superior to ChatGPT-4 from some channel. From Matt's past tweets, his previous experience does not seem to be related to AI or large model training.
However, the success of terminal of fun has brought us a lot of enlightenment. First, thanks to the sincerity set by the AI, this behavior of harvesting follow-up players looks naked or transparent, unlike some KOLs who shill openly but lay ambushes secretly, which are difficult to trace. This also gives a warning to the follow-up players, that the reason why those smart money are unbeatable may just be that the follow-up players have made a lot of contributions behind the scenes. However, compared to losing to those hidden scams, being harvested by an AI robot may be more thought-provoking.
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