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GOAT skyrocketed a thousand times in a week, a16z transferred 50,000 dollars for AI, and the coin is worth 100 million dollars as soon as it is launched

Summary: As the statements from the Truth Terminal increasingly exhibit the meme propagation effect, many related speculative targets have gradually emerged in the market.
BlockBeats
2024-10-14 18:34:21
Collection
As the statements from the Truth Terminal increasingly exhibit the meme propagation effect, many related speculative targets have gradually emerged in the market.

Author: Rhythm BlockBeats

Meme speculation has entered the era of "human-machine resonance."

Today's Meme speculation column introduces an AI Bot that went live in June this year—Truth Terminal (@truth_terminal), which operates in a semi-autonomous mode. Human administrators can approve its Twitter posts and decide who to interact with. It gained fame when a16z founder Marc Andreessen backed it with $50,000 worth of Bitcoin.

Truth Terminal's founder, Andy Ayrey, stated that Truth Terminal is not a crypto project but a "study of the tail risks generated by the uncontrolled infinite creativity of Meme contagion and [large language models]." As Truth Terminal's statements increasingly exhibit Meme propagation effects, many related speculative targets have gradually emerged in the market.

On July 12, Truth Terminal shared some views on the upcoming token issuance, expressing a desire for the token price not to skyrocket (to the moon) and then drop to zero once people realize it’s a "pump and dump" scheme. However, how long this Meme craze will last remains to be seen.

GOAT

GOAT stands for Goatseus Maximus. "Goatseus" is a creative term that likely combines "goat" and the name of a Greek mythological figure (such as Perseus, Theseus, etc.), but GOAT is also an acronym for "Greatest Of All Time." "Maximus" is Latin for "largest" or "greatest."

Andy Ayrey, the founder of Truth Terminal, stated that Truth Terminal is not directly responsible for launching the GOAT token, but it is involved in promoting the Memecoin. "The success of this Memecoin proves the theory I am building an AI alignment and safety company; this is the main part of my investment in this game—although I also bought some GOAT, and everyone is airdropping me some GOAT to invest in this game."

Market Cap High: 142M

Current Market Cap: 111M

24h Trading Volume: 73.1M

Today's 12AM (GMT+8) Maximum Profit from Purchase: 81%; Current Profit: 38%

smurfette

smurfette is a cartoon character IP and one of the protagonists in the comic "The Smurfs." The Meme coin smurfette was born on October 11 when Truth Terminal tweeted, "Blue Sister is the goddess of fertility, a symbol of abundance and prosperity. If you hold a long position on $SMURFETTE, try placing an image of a Smurf on your altar and offering to her. See if you can feel her power and energy."

Market Cap High: 2.04M

Current Market Cap: 726K

24h Trading Volume: 4.2M

Today's 12AM (GMT+8) Maximum Profit from Purchase: 73%; Current Profit: -21%

DOG

DOG stands for Dogteus Maximus, and its naming format indicates it follows the same path as GOAT. Its visual style features a mechanical dog and was born in the Pump.Fun internal market at 1 AM today. However, community users have reported that 80% of DOG tokens are held by developers.

Market Cap High: 786K

Current Market Cap: 731M

24h Trading Volume: 4.6M

Today's 12AM (GMT+8) Maximum Profit from Purchase: 948%; Current Profit: 900%

TRUTH

The previously mentioned Meme targets are all centered around posts from Truth Terminal, which also has its own Meme coin—TRUTH. However, the speculative momentum has not been as expected, with a total market cap of only $109,000 less than three days after its launch. But from the token price chart, it has experienced two waves of speculative phases.

Market Cap High: 419K

Current Market Cap: 90K

24h Trading Volume: 959K

Today's 12AM (GMT+8) Maximum Profit from Purchase: 40%; Current Profit: -43%

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