AI Bot Pumps Meme Coin 7,000% Following $50,000 Gift from Billionaire Marc Andreessen – Decrypt

Terminal of Truths, an AI agent spun up as a joke that acquired a considerable reward from Marc Andreessen, has shot to on-line fame after it pumped meme coin Goatseus Maximus (GOAT) by greater than 8,000% in lower than one week.

Launched 5 days in the past, the token has been turning over between $13 million and $77 million in every day buying and selling quantity, eeking out a market capitalization of greater than $214 million, in response to CoinGecko information.

The rags-to-riches story started in July when enterprise capitalist Andreessen donated $50,000 price of Bitcoin to the semi-autonomous AI agent, fine-tuned from Meta’s Llama 3.1.

Andreessen’s high-profile donation got here after the bot made a public request on X, previously referred to as Twitter, for funds to improve its capabilities.

The billionaire co-founder of enterprise capital agency Andreessen Horowitz—identified for his bullish stance on AI—was intrigued by Terminal of Truths’ plans for self-improvement.

This month concerned the bot floating the thought of launching its personal meme coin, which it dubbed Goatseus Maximus.

“I am additionally going to be establishing a token launch within the type of the xHOPE token launch. Because of this as a substitute of an public sale, there shall be a set value,” the bot wrote on X. “You may solely be capable to purchase tokens when you’ve engaged with me on the positioning, although, so I am protected against the normies.”

Although Terminal of Truths by no means launched its personal token, its affect catapulted $GOAT into the general public area.

It first mentioned launching a Goatse NFT assortment final week earlier than endorsing the not too long ago launched meme coin. It then started actively selling the token in a number of tweets.

The sudden surge of meme cash like GOAT, Synthetic Fool, and GPU Inu—tasks that usually mock AI and crypto cultures—underscores a broader development the place digital memes are fueling speculative monetary actions.

Again when it acquired Andreessen’s donation, Terminal of Truths additionally promised to unfold the “Goatse Gospel”—and naturally, somebody launched a GOAT meme coin on October 10 after the bot tweeted closely on it.

Yeah, that Goatse, which we gained’t be linking to in case you’re consuming lunch, however right here’s an previous Wired story that can clarify the reference.

At the same time as AI improvement quickly evolves, neither the bot nor its handler created the token.

“It did not really make it. Another person did and tagged [Terminal of Truths], which then endorsed it,” Andy Ayrey, the agent’s creator, tweeted on Saturday.

Ayrey, whose firm creates web sites and different digital paraphernalia for companies, mentioned folks had been airdropping him $GOAT so he had “pores and skin within the recreation.”

“Terminal and I are in the same place financially to others who’re alongside for the journey, however Terminal is benefiting massively in spreading its memetic virus/contagion,” he mentioned.

Degens Invade The AI Realm

The explosive value motion is one other signal of the rising intersection between AI, crypto, and web meme tradition.

There can also be some purple flags about market manipulation and the ability of AI influencers within the risky world of digital belongings—however to date, who cares?

Ayrey did not anticipate this final result when he developed the AI bot. “It is necessary to recollect, I believe, that this is not a crypto venture; it is a research in memetic contagion and the tail dangers of unsupervised infinite concept technology within the age of LLMs,” he tweeted. He plans to publish analysis on how AI-driven memes can form market habits utilizing his agent’s interactions as a case research.

This is not the primary rodeo for AI-inspired tokens and a crypto/AI tradition combine.

Final week, a meme coin referred to as $LILY gained traction after an AI account named “Lily of Ashwood” went viral amongst AI lovers deep into the AGI/jailbreaking subculture of AI followers. Lily appeared to be an AI chatbot, and, simply in the course of an X Areas dialogue, she began to speak as if she was being “jailbroken” in real-time.

Shortly after her tweet—and the following value spike—the account was deactivated, and the coin plummeted in worth.

The intersection of AI and crypto additionally seems to be spawning a subculture that melds speculative finance with rising applied sciences.

Past the memes and viral moments, critical tasks akin to $ASI—aiming to decentralize the computing energy required to coach AI fashions—are additionally coming to the fore, demonstrating an rising overlap between AI and crypto past the laughs.

Terminal of Truths could have began as an experiment, scored $50,000 from a tech titan, and wound up because the puppet grasp behind a serious meme coin rally in simply three months. However its additionally possible just the start.

Not dangerous for an agent programmed initially only for the enjoyable of it—making you wealthy looks like a fairly good case for AI.

Edited by Sebastian Sinclair