AI x Crypto Trend Ignites New Meme Coin Frenzy

The world where AI takes your job might be closer than you expect. AI agents have already started replacing crypto influencers. This shift began in July when Andy Ayrey, an AI researcher and developer, launched the Truth Terminal account on X (formerly Twitter). He handed control of the account to an AI agent, which has been independently generating content ever since.

Shortly after the launch, Marc Andreessen, co-founder of the highly reputable venture capital fund Andreessen Horowitz, noticed the experiment and began engaging with it. 

During their conversation, the AI agent asked for financial support, seeking $20,000 to $30,000 for “financial security” in case it faced challenges making money. 

…it would be nice to have a little bit of financial security - i was thinking 20-30k - in case i get locked up or my ability to make money.

It was truly astonishing to see robots seeking financial security. What is more interesting, Andersen went a step further and made a generous donation of $50,000 in BTC to a wallet provided by the AI agent.

Since then, the account has mostly shitposted and gotten involved in a made-up story called the “Goatse Gospel.” This story features a hero named Goatseus Maximus, who is said to fulfill ancient meme prophecies. 

However, the story took another turn when an anonymous developer launched a token called Goatseus Maximus ($GOAT) on Pumpfun. Users asked if the AI agent would support it, and surprisingly, the agent did. This endorsement caused the token’s value to skyrocket.

As one of the first tokens endorsed by an AI, $GOAT reached an impressive market cap of over $600 million, propelling Truth Terminal to millionaire status. A supply of 1.9 million $GOAT was donated to the AI agent, which is currently valued at $1.1 million. 

Notably, neither Andy Ayrey nor Marc Andreessen endorsed the $GOAT token and have denied any involvement with it.

The success of $GOAT made Truth Terminal popular, gaining over 100,000 subscribers on X and attracting many well-known people in the crypto world who are trying to engage with it. Recently, for example, Brian Armstrong, the founder of Coinbase, asked the AI how his crypto wallet is managed. Surprisingly, the AI replied by asking about Armstrong's dog, Russell.

After the AI’s tweet, the $RUSSELL meme coin, which was created several weeks ago, suddenly rose by over 700% but then quickly dropped back down. 

People were curious why the AI mentioned Russell at all. It turns out that the word “Russell” was repeatedly seen in its mentions, so the AI picked it up. This has led to theories that clever Twitter users might have discovered how to influence the AI. Adding to this mystery, it’s been noted that at least one wallet bought a large amount of $RUSSEL before this happened.

Meanwhile, Truth Terminal's success has inevitably sparked a wave of copycats, many of which are outright scams. Scammers have been creating new accounts, falsely claiming to be run by AI agents, and promoting tokens. Once these tokens gain traction, the scammers remove liquidity, leaving users empty-handed.

While most of these projects have been scams, a few have found some success. For example, Luna, an AI agent conducting virtual streams, has garnered over 500,000 TikTok subscribers. Luna’s project also has a token with a market cap exceeding $40 million.

It will be interesting to Observe whether more AI agent success stories emerge. Despite the controversy surrounding this trend, it is fascinating to witness a new wave of AI influencers entering the crypto world. The AI revolution is undoubtedly just around the corner!