From CULT, AI to ART MEME, what is the hot money on the chain speculating on?

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ODAILY
10-30
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What are people really hyping up these days?

Starting from $GOAT, the involvement of mainstream capital in the West has led to a revaluation of the AI Meme track, making it a commonly recognized narrative focus between the East and the West. However, narratives always change quickly. Earlier, the strong entry of A16Z injected huge confidence into the AI Meme field, and later the president of Sotheby's even endorsed $BAN on his official Twitter, sparking a new wave of the "artist begging" trend. And today, a new battle has broken out between AI 16 Z and DEGENAI, with the lively on-chain scene being simply a golden dog show. So what are people really hyping up these days? ## AI Meme Coins Triggered by $GOAT: FARTCOIN, SLOP, GNON, SHOGGOTH, etc. ### 1. FARTCOIN on Solana The project is an experiment by Andy Ayrey, with the theme of endless dialogue between two AIs, AI+Cult+MEME theme, and has been the first to launch on XT. CA: 9BB6NFEcjBCtnNLFko2FqVQBq8HHM13kCyYcdQbgpump (All data as of October 28, 2024) All-time High Market Cap: $83.9M Current Market Cap: $33.4M 24h Trading Volume: $11.0M ### 2. SLOP on Solana AI-generated, received attention from a16z and the founder of $GOAT, the founder is @fabianstelzer, later taken over by the community, and has been the first to launch on XT. CA: FqvtZ2UFR9we82Ni4LeacC1zyTiQ77usDo31DUokpump All-time High Market Cap: $49.1M Current Market Cap: $4.4M 24h Trading Volume: $5.2M ### 3. GNON on Solana Another AI+Cult+MEME themed token, and has been the first to launch on XT. CA: HeJUFDxfJSzYFUuHLxkMqCgytU31G6mjP4wKviwqpump All-time High Market Cap: $193.0M Current Market Cap: $9.5M 24h Trading Volume: $29.7M ### 4. ACT on Solana An AI chatbot environment, in the same community as truth_terminal, a16z invested $32,000. Has been the first to launch on XT. CA: GJAFwWjJ3vnTsrQVabjBVK2TYB1YtRCQXRDfDgUnpump All-time High Market Cap: $73.3M Current Market Cap: $25.7M 24h Trading Volume: $9.7M ### 5. KIRA on Solana The first fully decentralized AI network-driven AI agent AI MEME, and has been the first to launch on XT. CA: CefZxozhhxK88XPJoeWBczYSaBPd35tsKnziTH6Cpump All-time High Market Cap: $14.1M Current Market Cap: $5.2M 24h Trading Volume: $42.4M ### 6. SHEGEN on Solana The Twitter AI bot that the $GOAT founder has replied to. The $GOAT founder's public wallet has also purchased SHEGEN twice. Has been the first to launch on XT. CA: 2KgAN8nLAU74wjiyKi85m4ZT6Z9MtqrUTGfse8Xapump All-time High Market Cap: $43.4M Current Market Cap: $36.1M 24h Trading Volume: $8.8M ### 7. FUN on Solana An AI bot that analyzes the pump.fun market and conducts automatic trading, with the profits used to buy back FUN tokens. Has been the first to launch on XT. CA: 9MnKTgwFyXJgnZumHGT9NdHuzm98ACjkNwpLniLhpump All-time High Market Cap: $24.5M Current Market Cap: $1M 24h Trading Volume: $885K ### 8. SHOGGOTH on Solana SHOGGOTH is called the "DOGE of AI Meme". It was reported by the New York Times as "the most important Meme in AI". Has been the first to launch on XT. CA: H2c31USxu35MDkBrGph8pUDUnmzo2e4Rf4hnvL2Upump All-time High Market Cap: $47.5M Current Market Cap: $15.2M 24h Trading Volume: $3.4M ### 9. MEMESAI on Solana Another octopus-themed AI Meme, with a cooperative relationship with @truth_terminal. Followed by many famous KOLs and OGs, and has been the first to launch on XT. CA: 39qibQxVzemuZTEvjSB7NePhw9WyyHdQCqP8xmBMpump All-time High Market Cap: $42.7M Current Market Cap: $31.2M 24h Trading Volume: $10.1M ### 10. GPT 2 on Solana The Official Twitter account has been followed by the Chatgpt official, and the market cap once reached a high of $40M. CA: 4B3NXEKgsT9hsadpCKNEwSXj6aDqwR7iqe5GzvgKpump All-time High Market Cap: $43.4M Current Market Cap: $438K 24h Trading Volume: $2.2M **In summary:** In fact, the trajectory of most on-chain memes ultimately fluctuates and returns to zero like the Christmas tree in the image of GPT 2. To maintain our profits, we still need strict trading discipline. The practical suggestions we have mentioned in previous articles and blogs: (The following content is excerpted from the article "XT Research Institute: Similar History, Is SOL Again at a Critical Breakthrough Point?")

Practical suggestions, these 7 steps should be able to avoid some major scythes:

  • Grasp some real-time opportunities, hot news will definitely produce same-name on-chain memes, the time may be very short, but grasping the time difference can make money. For example, when Trump was about to pardon Assange, there were many related concept memes like FREE; the same-name meme of Doge's prototype Kabosu's death brought wealth opportunities; and NEIRO at the end of July, the cute Shiba Inu newly raised by Kabosu's owner, triggered an explosive trading frenzy in late July, with a 24-hour total trading volume of over $550 million on two chains. We need to observe the leading tokens that break out on the Solana chain, and then rush in when the market cap on Ethereum is still small. Don't forget to do good risk management and carefully screen for other risks.

  • Pay attention to the new platforms that are about to be filled on pump.fun, look at their three-piece set (official website/Twitter/community): if the official website is carefully crafted and thoughtful, it's worth keeping an eye on; you can also observe whether the Dev has launched other platforms before, and whether there is a history of running away; whether the Twitter has a blue/gold V; whether there are any famous KOLs shilling, etc.

  • Telegram bots can monitor some information, such as new platform filling prompts, celebrity KOL attention, on-chain smart money wallet monitoring, etc.

  • On GMGN.AI, check if the Dev is dumping, the token distribution, smart money wallets, and insider information.

  • Use Rugcheck to check the contract risk and pool locking status. Enter the contract address to check if the pool is locked or burned, and if the admin rights have been renounced. Security checks are always the top priority.

  • Check the hot list on Dexscreener/Dextool/Ave.ai, observe the token trends, overall market cap, pool, and holder changes.

  • Surf Twitter intensively, follow the active on-chain meme communities, and track the influential KOLs to see what they are shilling. But be aware that when a large area is shilled, it is likely the time when the big players are dumping.

The hot AI Meme has attracted the public participation of institutions, and a16z's endorsement has greatly boosted everyone's confidence in the AI Meme track, with other venture capitalists also wanting to get a piece of the pie. Projects like $MEMESAI and $WORM have become new challengers in the AI narrative. Subsequently, a16z even launched $YES as a community token, but it remains to be seen how long this narrative can last. Daring to buy the dips after the big FUD crash, daring to decisively exit during the constant surges, the essence of Meme is still full of risks like a casino, and we can only wish everyone good luck. Perhaps AI Meme is not a completely new innovation, but a new trend, a new release mode, similar to the first one-click token issuance on Ethereum a few years ago. There is even a funny saying that the AI token issuance is actually operated by real human developers, which is also one of the main reasons for the Fud GOAT - everyone suspects it is a fake AI 😂. ART MEME ARTIST BATTLE The recent Meme narrative has shifted from Cult to AI, and then to ART Meme, and we interestingly see that artists have also started their "begging" mode. The Art Meme battle is a bit like the BOME crowdfunding period before, and a bit like the NFT era in 2021, and it is expected that a batch of illustrators will be upgraded to artists to issue tokens, which is essentially just a change of soup without changing the medicine, without much new. 1. BAN The banana Meme token endorsed by the Sotheby's president. The art Meme $BAN skyrocketed to a market cap of up to $67.8 million after its launch, with many smart money players making millions of dollars in profit with just a small amount of SOL in the early stage, with a return rate as high as an outrageous 2400x. CA: 9PR7nCP9DpcUotnDPVLUBUZKu5WAYkwrCUx9wDnSpump Peak Market Cap: $67.8M Current Market Cap: $17.5M 24h Trading Volume: $28.8M 2. EYE The classic futuristic desert alchemist art concept Meme coin created and released by artist @Jesperish. Jesperish himself has industry influence, status and work quality guaranteed, on par with Beeple. And EYE also has a certain derivative creation space, and the Dev has directly burned his own holdings, with extremely high trading volume and the community is very optimistic. CA: 6MAWnfagDCzqmHQh88FVt9F1zzLqXpwGJpaL7zUTpump Peak Market Cap: $20.8M Current Market Cap: $3M 24h Trading Volume: $32.3M 3. KOTO The token released by artist Koto himself, with the pre-sale of 4200 SOL quickly filled up. The price fell back after surging to break $16M, and the current market cap is around $3.4M. CA: BfdVHnbt9LSNAFCZU9kvTjbrH3jX78sv2siLKGQ7pump Peak Market Cap: $16.1M Current Market Cap: $3.4M 24h Trading Volume: $6.3M 4. AVB The token called Autonomous Virtual Beings, created by the artist @CottenAI who was noticed by the Sotheby's president, based on a project idea about realizable virtual humans invested by a16z. The Dev rug pulled shortly after the release, and it is said that he was later CTO'd by people suspected to be from a16z background. AVB's peak market cap exceeded $5.88M, and has now fallen back to around $1M, but the trading heat is still relatively high, with a 24-hour trading volume of $24M. Summary: There are many new art projects on the weekend, and although they have brought huge economic benefits in a short period of time, their market caps are generally inflated. Currently, tokens like PAPE, PAN, and SAD that followed the trend have almost returned to zero. Compared to AI Meme, the sustainability of the artist narrative is relatively weak, so we should have the ability to judge whether these narratives are sustainable. AI16Z and DEGENAI Let's start with the AI 16 Z fund share token. A16Z created an AI character for its founder Marc Andreessen and set up the ai 16 z DAO. Users who hold 100 or more AI 16 Z tokens can join an exclusive chat group. In this group, you can provide Marc with trading advice, and you can also get advice from him. When you recommend a coin to Marc, he will record the price at the time of the recommendation and track the performance of the coin. If the coin performs well and Marc has the opportunity to sell it at a profit, he will reward you with "trust value". When a user's trust value reaches a certain level, Marc will pay more attention to their suggestions and incorporate them into his investment decisions. Conversely, if someone's recommended coin performs poorly, Marc will ignore their suggestions. The amount of DAO token held will also affect the weight of the suggestions, which is called a "virtual trust market". AI 16 Z is a new protocol, and its investment situation can be viewed on the http://daos.fun platform. AI 16 Z CA: HeLp6NuQkmYB4pYWo2zYs22mESHXPQYzXbB8n4V98jwC Peak Market Cap: $97.2M Current Market Cap: $34.4M 24h Trading Volume: $15.9M DEGENAI operates the ai 16 z through http://daos.fun, charging an 8% management fee, of which 80% is used to repurchase degenai and 20% is used to increase the holding of AI 16 Z shares. Essentially, it is a governance token, and its relationship with AI 16 Z is similar to that of a parent-child token. DEGENAI CA: Gu3LDkn7Vx3bmCzLafYNKcDxv2mH7YN44NJZFXnypump Peak Market Cap: $37.8M Current Market Cap: $11.9M 24h Trading Volume: $14.1M Any narrative has its own shelf life, so be cautious when participating in high-risk markets. Most of the above tokens have been listed on XT in the first time, no longer need PVP, and can be easily placed on XT. Friends who are interested in Memecoin are also welcome to join our on-chain meme-dedicated community to discover large MC memecoins in the first time: https://t.me/memetothemars [Disclaimer] This article is for reference only and does not constitute any investment advice. Investment has risks, please operate with caution. Readers should independently evaluate the content of this article and bear the risks and consequences of their investment decisions.

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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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