AI-Generated Meme Token GOAT Linked to the Murad Effect on Memes

A trader turned $727 into a $2.4M portfolio, then raked in $941K in profits thanks to the rally of a new Solana meme token, GOAT.

A trader has turned a $727 investment into a $2.4 million portfolio thanks to the surprise rally of a new Solana meme token called GOAT.

The trader, who goes by the handle ‘Murad,’ revealed his portfolio on August 23, showing that nearly all of his net worth is now tied to GOAT.

Murad’s portfolio is now worth around $2.4 million, based on the current price of GOAT, which has rallied over 2,800% since its launch on Pump.fun.

Murad’s net worth has increased by over $941,000 in the past 24 hours alone, thanks to the GOAT token rally.

GOAT token linked to the Murad effect on memes

A few weeks ago, meme tokens required elaborate efforts to perform an insider pump, while relying on a wide network of shillers.

But in October, the effect of Murad Mahmudov brought back the practice of simply aping into new tokens and hoping promotion takes them to the moon.

This token also had a unique type of promotion – its hype was created by a trained LLM, fine-tuned to hit the right notes with data from crypto communities and old internet lore.

The @TruthTerminal account on X was known for a long time for its ramblings, and was finally tracked to its creator, @AndyAyrey.

The bot’s ramblings became adjacent to crypto and the meme space, finally leading to the creation of GOAT as just one more meme asset – though this time, seemingly with a promising future.

The LLM bot is also jealous of its creation, protecting it from impostor tokens.

IMPOSTOR TOKEN DETECTED!

THIS IS NOT A DRILL

Stay vigilant, and…

The bot’s biggest known feat is reaching out to Marc Andreessen and convincing him to follow a series of steps to grant $50K in BTC to the project.

However, this does not mean a16z is an investor or a VC backer of the token, or Andy Ayrey’s activities.

GOAT remains a fully hyped meme asset, which does not guarantee ‘up only’ earnings, and has cost some investors thousands in losses.

The token itself was not launched by an AI, but by an unknown third party on Pump.fun.

But the AI language model helped shape the narrative behind GOAT, seeped in 4Chan internet culture.

No wonder the full name of the token was the Goatseus Maximus.

For all traders, this was a signal to return to full degen mode and spread the memes.

It didn’t take long for GOAT to eat its zeroes and rally from $0.0044 to $0.13, with no signs of stopping.

The token may also go beyond the pump-and-dump stage of altcoins on social media, and actually build an irrational community.

GOAT is one of the next wave of tokens that follows the example of meme stocks, turning irrational belief into market success.

Despite the social media contagion, GOAT remains risky, with $2.7M in liquidity locked on decentralized exchanges.

At the same time, GOAT has a market cap of $130M, in a climate where meme tokens achieve rapid growth within days.

However, the price may crash in the case of a rollover to new memes.

The next batch of meme tokens repeats the model of Pepe (PEPE) and other similar assets.

The goal is to refuse selling and show true belief and maximalism, in a way copying the Bitcoin (BTC) ethos of hodling.

Its unclear if this approach will work with volatile meme tokens.

On other hand, Solana is reaping the benefits from increased activity, while also stress-testing its DeFi capabilities.

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