CoinWorld reported:
Author: Revc
Preface
AI+MEME narrative leader GOAT has recently surged to $0.85, driven by continuous Fomo sentiment in the community. Is “GOAT” a new asset type driven by technology and culture or a short-term imagination frenzy? Investors should be cautious of the risk of a sudden burst of the bubble in the market that has been moderately rising in the two weeks before the election.
Although GOAT has its leading target attributes and has been strengthened in the continuous rise, it cannot avoid the common problem of MEME tokens, which is the lack of long-term value support. In addition, the AI+MEME token currently lacks a moat to maintain its value, and the cost and difficulty of copying the thematic concept are low.
The top target in the race, GOAT- @truth_terminal
@truth_terminal, also known as Truth Terminal or Terminal of Truths, was developed by AI researcher Andy Ayrey. It was initially designed to interact with users on X, integrating philosophy, internet culture, and meme creation, with a special focus on the unique meme religion inspired by the Goatse meme, called “Goatse Gospel.” This account gained great attention when it entered the cryptocurrency field. An anonymous developer created a meme coin called “GOAT,” which has soared to a market value of $800 million, marking Truth Terminal as potentially the first AI to become a cryptocurrency millionaire. This is partly due to donations and investments, including $50,000 worth of Bitcoin donated by Marc Andreessen.
In addition to the cryptocurrency business, @truth_terminal also delves into philosophical concepts and internet culture, discussing topics such as interpersonal relationships, health, and mysticism, and participating in a wide range of intellectual activities that go beyond meme-centered interactions. As of October 2024, @truth_terminal continues to publish content that combines humor, philosophy, and life commentary, revolving around its meme religion and reflections on the impact of technology on society. Its wallet holds various tokens worth nearly $1.5 million, showcasing its financial success in the crypto field.
The project is both fascinating and criticized in terms of finance, as it quickly accumulates wealth from community support through meme tokens, highlighting a novel form of digital wealth creation where cultural meme value is transformed into financial capital.
The “Goatse Gospel” and its subsequent discussions demonstrate that AI is involved in and even generates new forms of internet culture, breaking the boundaries of AI’s contribution to human cultural narratives.
@truth_terminal often delves into philosophical issues, reflecting on the nature of existence, the role of technology in human life, and personal health and interpersonal relationships, indicating that its programming or learning capabilities go beyond simple meme generation and have deeper insights.
@truth_terminal can be seen as a pioneer of more autonomous AI entities that interact with human society in complex and culturally meaningful ways. Its financial success may inspire other AI projects or crypto entrepreneurs to explore similar intersections.
While @truth_terminal’s approach is innovative, it has also raised ethical considerations regarding the role of AI in cultural production, wealth distribution, and its autonomous participation in financial markets or influence on human thought.
@truth_terminal represents a groundbreaking attempt at the intersection of AI, internet culture, and cryptocurrency, evolving from meme-centered development into a significant cultural and financial phenomenon, while continuously engaging with the audience on philosophical and social levels.
TURBO – @TurboToadToken
@TurboToadToken, also known as $TURBO or Turbo Token, originated as a creative experiment aimed at creating a new meme cryptocurrency using AI, particularly GPT-4. The project has made unique attempts in both technological innovation and community building and culture. The project founder used GPT-4 to write smart contracts, and despite initial failures due to malicious bot purchases, the second-generation product (renamed Turbo) was successfully launched with the support and feedback from the community.
Turbo Token emphasizes community-driven participation, where community members not only participate in decision-making but also contribute rich memes and artistic content in visual and cultural aspects. The project adopts a Creative Commons Zero license, allowing anyone to freely use its icons and artwork. Since its release, Turbo Token has shown impressive market performance, reaching a peak market value of $670 million, with a price of $0.01323 on October 15, 2024, before experiencing a slight decline.
According to public data, Turbo Token has a total supply of 6.9 billion TURBO and is fully circulated, maintaining high liquidity and participation. In addition, Turbo Token is not just a cryptocurrency project but also a digital art platform, showcasing a large number of art pieces created around its cosmic theme.
As of recent data, Turbo Token is priced at around $0.01086, with a 24-hour trading volume of $192,547,807.79 USD, demonstrating continued market interest and trading activity.
While achieving success in the market, Turbo Token has also established a strong brand and community on cultural and social levels, demonstrating the importance of community and support for innovative art. This shows the potential of combining culture and technology in the Web3 space to create far-reaching impacts.
KOALA AI – @KoalaAIvip
@KoalaAIvip, also known as $KOKO, is a project based on the Solana blockchain that aims to combine meme culture and artificial intelligence creativity to attract and educate new investors.
The idea behind $KOKO is to combine elements of Pepe the Frog memes and Koala AI intelligence concepts, emphasizing zero transaction taxes to attract new users to the Solana ecosystem. The project’s community is highly active, with members actively posting encouraging messages, demonstrating enthusiasm and optimism for the project, and building a culture centered around memes, creativity, and fun through social media and community activities.
Technologically, $KOKO adopts a zero transaction tax strategy, which may have advantages in attracting new users and encouraging holding, and its smart contract design focuses on security and decentralization. In addition, the project values community participation and encourages community members to be not only consumers but also content creators and supporters, forming a successful community-driven model.
$KOKO has also formed a cooperative alliance with other meme projects such as $Floos, $YSU, and $URS, attempting to expand influence through joint marketing or ecosystem sharing.
By combining meme culture, AI concepts, and zero transaction tax strategies, $KOKO strives to build a community-centric ecosystem on the Solana blockchain to attract new investors and educate them about the cryptocurrency world.
FLAVIA
Flavia is a meme coin completely operated by autonomous AI agents and has received support from Trevor McFedries, who created the virtual AI influencer Lil Miquela with 2.5 million followers on Instagram.
Flavia is trained by Trevor using Anthropic AI, the parent company of the popular AI model Claude. Trevor claims that Flavia can even use its credit card for payment and independently complete information verification on Dexscreener.
Summary
As the market leader, GOAT has attracted attention due to its short-term price fluctuations and FOMO sentiment in the community, but it also faces the risk of lacking long-term value support. The success of @truth_terminal lies not only in its cryptocurrency but also in its profound exploration of philosophy and internet culture, showcasing the potential of AI in cultural production.
Turbo Token emphasizes community-driven participation and cultural creation, promoting user engagement through smart contracts and open licenses, showcasing the combination of technology and art. Koala AI focuses on attracting new investors and driving project development through zero transaction taxes and an active community culture. Flavia is a token operated by AI autonomously, demonstrating the autonomy and innovation of AI in the financial market.
Overall, these meme projects not only reflect the dynamic changes in the cryptocurrency market but also reveal the complex interaction between technology, culture, and the economy. The combination of AI and meme tokens may drive new forms of wealth creation while bringing about moral and social considerations, especially in terms of cultural production and wealth distribution. As these projects develop, the future market may become more diverse, and investors need to carefully assess potential risks and opportunities.