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Cryptocurrency News Articles
GOAT: the Rise of the First Meme Coin Created by Artificial Intelligence
Oct 18, 2024 at 03:40 pm
The crypto world, already dynamic and unpredictable, is now rocked by an unexpected alliance between artificial intelligence and meme coins.
The world of cryptocurrencies, already dynamic and unpredictable, is now shaken by an unexpected alliance between artificial intelligence and meme coins. These two worlds, which once seemed unlikely to cross paths, are now merging to create new opportunities – and disruptions.
Among the latest sensations, GOAT, a coin born on the Solana blockchain, has quickly made a name for itself. But it is not only the financial aspect that draws interest: the intervention of AI adds a layer of intrigue.
The surprising rise of the crypto GOAT
At its peak, GOAT recorded a market capitalization of $346 million, an impressive figure for a meme coin launched recently.
Currently stabilized around $268 million, this crypto seems to benefit from the direct influence of an artificial intelligence agent named Truth Terminal.
This AI stands out not only for its role in the genesis of GOAT but also for its influence on market trends.
Truth Terminal seems to have caught the attention of investors, who are scrambling to acquire a coin that, so far, claims to be the “first meme coin created by artificial intelligence.”
This rise was accompanied by a trading volume of $120 million in 24 hours, highlighting the growing interest in a crypto at the crossroads of humor and technological innovation.
Investors, for their part, are not new to taking risks. However, the presence of an AI capable of generating memes spontaneously adds an intriguing, almost mysterious aspect to GOAT’s potential.
About 20,000 current holders are betting on this coin, drawn as much by the technology behind it as by its earning potential.
The culture of memes and AI: an explosive cocktail
In a context where new cryptocurrencies emerge every week, GOAT stands out by relying on the playful spirit of memes, while integrating artificial intelligence technology.
Andy Ayre, creator of Truth Terminal, asserts that AI models are capable of spontaneously producing memes, almost as a response to current cultural trends.
This capability is fascinating for investors, who see in this combination of technology and culture a powerful lever to capture attention.
Memes have long been a pillar of the Internet, but their integration into the crypto world – supported by AI – could be a game-changer.
This phenomenon also draws the attention of influential players, such as Marc Andreessen of venture capital firm a16z, who recently awarded a $50,000 research grant to Truth Terminal, though he takes care to specify that this grant is not directly related to GOAT.
The impact of AI on the world of meme coins raises interesting questions: how far could this technology go? By giving artificial intelligence the ability to shape meme culture, creators of projects like GOAT are paving the way for new forms of expression in the crypto world. Meanwhile, the project of Donald Trump is experiencing a monumental flop.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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