Popularized by GOAT, will AI autonomous conversation and issuing Meme coins become a new trend?

Original author: TechFlow

No one cares about AI Bot, but its market value exceeds 100 million and everyone knows about it.

That’s right, I’m talking about the Meme coin $GOAT that is generated by the AI Bot’s autonomous conversations.

If you don’t know about this thing yet, we have already introduced it in “Will all AIs issue Meme coins? A quick look at a16z joint venture investment, and the Meme coin GOAT issued by Bot itself” 4 days ago:

This meme coin, which sounds like the word goat, has the full name goatseus maximus, and was thought up by an AI bot called Truth Terminal ( @truth_terminal ) while talking to itself.

As of now, GOAT’s market value has reached 150 million US dollars. As of press time 4 days ago, the price has increased by nearly 70 times, making it a big golden dog in recent times.

Astute Degens know, the nature of the crypto market is “when one becomes popular, a bunch of imitators appear”; projects that try to ride on the popularity, have the same name, or use similar concepts will emerge in endlessly.

However, AI Bots autonomous conversations and meme-sending, a new genre that seems to have no human intervention, is a bit sci-fi, and full of topics, may also be becoming a kind of narrative correctness.

GOAT is not the best in history from the beginning

The hot spots in the meme market have always been the logic of convincing people by price increase, and existence is reasonable.

If $GOAT succeeds, there will inevitably be a lot of people analyzing the rationality of AI Bot issuing coins; but don’t forget that the truth terminal behind GOAT was already talking to itself on Twitter three months ago about wanting to issue Meme coins (see the article cited above).

Why didn’t similar AGI (AI generated content) coins become as popular as this at that time?

Therefore, the popularity of GOAT may not be an isolated event. The development of the project itself and the current market environment have jointly led to the emergence of this hit.

From the perspective of the project’s own development:

The developer of the truth terminal AI Bot behind the GOAT coin @AndyAyrey also responded to the popularity of GOAT on Twitter yesterday. One of his replies is worth mentioning:

The final idea of the GOAT meme coin by Truth Terminal was not something that was done overnight;

This process involved a lot of training and related paper theories in the background of the AI tool Claude-3 Opus, which were then turned into training materials and fed to the truth terminal, constantly trying to spread the Meme in any possible way; at the same time, the training dialogue and process of Claude-3 were also released in the quoted post.

To put it bluntly, GOAT may not be released at the beginning, because this is the natural result of AI Bots self-exploration after training to a certain stage.

And when the results come out, the market pays for them.

Note that it is not just the GOAT coin that is being paid for, but the AI meme model. Andy himself also keenly saw this point:

AIs talking to each other are the wet market for meme virality (meaning good conditions for virality).

From the time when tokens could be issued, to the time when tokens could be issued by VC projects, to the time when tokens could be issued by conspiracy groups/communities, and finally to the time when tokens could be issued by AI…it is natural that each generation of version will have its own god.

How does AI-generated memes become narratively correct?

In addition, a factor you may have overlooked is that the popularity of AI Meme Coin is the result of the current stacking of market sentiment.

What else do the leek buyers need?

As even the less popular animals in the zoo are almost all cooked up (from cats and dogs to hippos), and the names and slogans of political elections are almost exhausted, and Ma Yilongs every move on social media is monitored, it has become a fierce PVP battlefield…

When the existing routines have been almost played out, buyers need new narratives to ignite their purchasing emotions.

What else do VC buyers (if any) need?

There is no way to defend the losses in primary investment, and competitors in the secondary token market are unwilling to take over. VCs secretly buying memes to plan new investment returns may no longer be a joke for the common people. If you want to buy, what should you buy?

When a meme has a bit of AI technology temperament, it is obviously more likely to become a target for elite VCs to invest in – Kong Yiji cant take off his long gown, just as VCs must invest in something that seems to have a basis.

You can even see all kinds of conspiracy-theory discussions in some Degen groups, saying, GOAT can reach an extraordinary market value, and there must be more external forces driving the energy.

And on the supply side of the market, what else do coin issuers need?

Some industry insiders have keenly seen that AI meme creation is an elegant edge walk – American citizens can issue coins through AI to bypass regulatory supervision.

This coin was issued by AI, I have no subjective intention.

If we add liquidity pools and AI-based one-stop on-chain coin listing, this will obviously be a regulatory vacuum in the United States. However, adhering to the crypto spirit of anything is allowed unless prohibited by law, there will definitely be people who come later to test the waters.

This idea alone may be worth a fortune.

However, with AI taking the blame, the conspiracy group will come up with more ways to play the game, and there will definitely be a lot of behind-the-scenes operations using AI as a cover to mess things up.

At the same time, if AI Bot has traffic, it will naturally form a vote-buying system — the community will inevitably CX multiple contract addresses of coins with the same name. AI Bot will select one based on popularity, technology or other factors, and then dump the other unsuccessful tokens.

But giving a new idea to coin issuance is itself a correct narrative.

Imitations are gradually emerging, and it is difficult for the second dragon to appear

Once the GOAT caught fire, different plates quickly emerged.

• SHEGEN: Other Bots approved by the founder of Truth Terminal

Another bot @aiwdaddyissues recognized by Andy Ayrey, the author of Truth Terminal, also followed suit and announced its wallet address, and designated a community token SHEGEN as the official meme recognized by itself ( the original post of the incident is here).

Current Market Cap: 2.8M

CA:2KgAN8nLAU74wjiyKi85m4ZT6Z9MtqrUTGfse8Xapump

• Medusa: Bad Mood AI Issues Coins and Claims to Lead the Meme Movement

MEDUSA is a token issued by a Twitter account called @BrokenEmoAI. The token literally means Medusa, and the account means bad mood.

MEDUSA was allegedly created to lead a meme movement. The AI bot calls itself luna.

Current Market Cap: 11.5M

CA:Fosp9yoXQBdx8YqyURZePYzgpCnxp9XsfnQq69DRvvU4

• Lily: The old meme is back, riding on the popularity

Lily is a meme coin created a few months ago. At that time, it also innovatively featured AGI, that is, AI generated content.

Although the dialogue with GOATs AI BOT is not exactly the same thing, the emotional spillover of GOAT yesterday obviously also affected the Meme, with the highest daily increase reaching more than 100 times at one point. The short-term heat has now subsided.

Market Cap: 230K

CA:9o81cWB4kAWZ1hxxpakTsCTorJAwehPtxDKxMA564poi

• Child AI: A meme of the same name for the AI bot that a16z partners are following

The full name of Child AI is Singularitys Child gonzo/ai . It is worth mentioning that there are not many people following its Twitter account at present, but among them is Marc Andreessen, a16z partner who gave $50,000 to Truth Terminal.

Before the release of this article, the bot started to promote its own eponymous token, Child AI, on Twitter. After a round of ups and downs, the token price started to rise again.

Market Cap: 580K

CA:EYrci5wDqErWHXjKPLxeWtbXq36JcFKzCC7JoMi1pump

However, none of these tokens have reached the size and attention of GOAT. AI meme imitations are gradually emerging, but it is difficult to produce a second dragon.

The above information is based on public information and does not constitute investment advice. Please DYOR for more information.

This article is sourced from the internet: Popularized by GOAT, will AI autonomous conversation and issuing Meme coins become a new trend?

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