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

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What are people really hyping up these days?

Author: XT Research Institute

Starting from $GOAT, the involvement of mainstream capital in the West has led to a revaluation of the AI Meme track, becoming a narrative focus recognized by both 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 big battle has broken out between a16z and DEGENAI, with the lively scene on the chain being simply like a golden dog coming out, so what are people really hyping up these days?

AI-issued Memes 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 AI dialogues, AI+Cult+MEME theme, and has been launched on XT first.

CA: 9BB6NFEcjBCtnNLFko2FqVQBq8HHM13kCyYcdQbgpump

(All data as of October 28, 2024)

Highest market cap: $83.9M

Current market cap: $33.4M

24h trading volume: $11.0M

2. SLOP on Solana

Generated by artificial intelligence, received attention from a16z and the founder of GOAT, the founder is @fabianstelzer, and later taken over by the community, has been launched on XT first.

CA: FqvtZ2UFR9we82Ni4LeacC1zyTiQ77usDo31DUokpump

Highest market cap: $49.1M

Current market cap: $4.4M

24h trading volume: $5.2M

3. GNON on Solana

Another AI+Cult+MEME themed token, has been launched on XT first.

CA: HeJUFDxfJSzYFUuHLxkMqCgytU31G6mjP4wKviwqpump

Highest 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 launched on XT first.

CA: GJAFwWjJ3vnTsrQVabjBVK2TYB1YtRCQXRDfDgUnpump

Highest 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, has been launched on XT first.

CA: CefZxozhhxK88XPJoeWBczYSaBPd35tsKnziTH6Cpump

Highest 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 launched on XT first.

CA: 2KgAN8nLAU74wjiyKi85m4ZT6Z9MtqrUTGfse8Xapump

Highest market cap: $43.4M

Current market cap: $36.1M

24h trading volume: $8.8M

7. FUN on Solana

An AI bot that analyzes the market conditions of pump.fun and conducts automatic trading, with the profits used to buy back FUN tokens. Has been launched on XT first.

CA: 9MnKTgwFyXJgnZumHGT9NdHuzm98ACjkNwpLniLhpump

Highest market cap: $24.5M

Current market cap: $1M

24h trading volume: $885k

8. SHOGGOTH on Solana

SHOGGOTH is known as the DOGE of AI Memes. It was reported by the New York Times as "the most important Meme in artificial intelligence". Has been launched on XT first.

CA: H2c31USxu35MDkBrGph8pUDUnmzo2e4Rf4hnvL2Upump

Highest 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, has been launched on XT first.

CA: 39qibQxVzemuZTEvjSB7NePhw9WyyHdQCqP8xmBMpump

Highest market cap: $42.7M

Current market cap: $31.2M

24h trading volume: $10.1M

10. GPT2 on Solana

The Official Twitter account has been followed by Chatgpt official, with a peak market cap of $40m.

CA: 4B3NXEKgsT9hsadpCKNEwSXj6aDqwR7iqe5GzvgKpump

Highest 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 GPT2. To maintain our profits, we still need strict trading discipline. The practical suggestions we have mentioned in our previous articles and blogs:

(Excerpt from the article "XT Research Institute: Similar history, is SOL at a critical point of breakthrough again?")

Practical suggestions, these 7 steps should help avoid some big scythes: 'buy the dips' 'Official Twitter' 'shill' 'on-chain meme' 'large MC memecoin' 'Non-Fungible Token' 'FUD' 'rug' 'MEME' 'Solana' 'TRON' 'Dai' 'Mina' 'JOE' 'Doge' 'SOL' 'HT' 'MINA' 'GT' 'OP' 'AR' 'GNO' 'meme' 'XRD' 'RON' 'ONG' 'a16z'

  • Seize some real-time opportunities, as hot news will definitely produce namesake golden dogs, the time may be very short, but if you grasp the time difference, you can make money. For example, when Trump was about to pardon Assange, many related Meme concepts such as FREE appeared; the wealth opportunity brought by the Meme of the death of Kabosu, the prototype of Doge; and the NEIRO at the end of July, the cute Shiba Inu newly raised by Kabosu's owner, which caused an explosive trading heat at the end of July, with a total trading volume of over $550 million on the two chains in 24 hours. We need to observe the leading tokens that have emerged on the Sol chain, and then rush in when the market cap on the Ethereum chain is very small. Don't forget to do a good job of risk management and carefully screen other risks.
  • Pay attention to the new projects that are about to be filled on pump.fun, and look at their three-piece set (official website/Twitter/community): if the official website is exquisitely made, you can keep an eye on it; you can also observe whether the Dev has launched other projects 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 it, etc.
  • Telegram bots can monitor some information, such as new project filling prompts, celebrity KOL attention, on-chain smart money wallet monitoring, etc.
  • On GMGN.AI, check whether the Dev is dumping, the chip distribution, the smart money wallets, and the rat race information.
  • Use Rugcheck to check the contract risk and pool locking status. After entering the contract address, check whether the pool is locked or burned, and whether the admin rights have been abandoned. Safety checks are always the top priority.
  • Check the hot list on Dexscreener/Dextool/Ave.ai, observe the token trends, the overall market cap, the pools, and the changes in the number of holders. Surf Twitter intensively, follow the active on-chain meme community information, and track the influential KOLs to see what they are shilling. But be aware that when a large area is shilled, it is most likely the time when the big players are dumping. Listen to all sides, collect comprehensive information, and pay attention to the cold opening of large MC memecoins. Partners interested in Memecoin are also welcome to join our on-chain meme-specific community to be the first to discover on-chain golden dogs: https://t.me/memetothemars

The hot craze of AI Meme has attracted the public entry of institutions, and a16z's endorsement has greatly boosted everyone's confidence in the AI Meme track. Other VCs also want 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 is unknown how long this narrative can last. Daring to buy the dips after the big FUD crash, daring to exit decisively in the midst of constant highs, the essence of Meme is still full of risks like a casino, and all we can do is 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 appearance of 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 Fud GOAT - people suspect it is 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 stuff.

1. BAN

The banana Meme token endorsed by the Sotheby's president. The art Meme $BAN has repeatedly reversed its market value, reaching a maximum of $67.8M after launch, and many smart money made millions of dollars in profit with just a small amount of SOL in the initial 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

BAN has been repeatedly FUDed

2. EYE

The Meme token of the classical futuristic desert alchemist art concept 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 even burned his own holdings, the trading volume is extremely high, 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 a presale of 4200 SOL quickly filled up. The price has fallen back after hitting a high of $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

Source
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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