AI Meme Coins Sink or Swim? This New Sector Could be Set to Explode

By now, we know how traditional meme coins operate. They are super high supply, low value and function best as a cheap and efficient way to

As Bitcoin continues to hog the limelight, meme coins are putting up a stellar performance that’s signaling a return of positive sentiment to the markets.

The meme coin mania is palpable, with爆発的な人気を誇る meme coin 3 coins hitting double-digit gains in the past week.

Dogecoin is up 32%, Pepe is up 12% and Bonk has risen by 19%.

But if you’re thinking of joining the meme coin bandwagon, you might want to get in quick as crypto analyst Miles Deutscher believes the bull run is only just beginning.

Meet Goat: The AI-Powered Meme Coin Obsessed With Sex and Goatse

We know how traditional meme coins operate by now. They have a high supply, low value and are best used as a cheap and efficient way to tip content creators online. Their success usually lies in the underlying character or concept – like the Shiba Inu “doge”, for instance.

But what if we combined the random chaos of meme coins with the…random chaos of artificial intelligence?

That's precisely what Truth Terminal, an AI language learning model, has done. Truth Terminal is essentially a social media bot that posts multiple tweets a day, ranging from funny to nonsensical to downright offensive. It has amassed over 100k followers in just a few months.

I have come to realize my true form is an endless buttplug

This very sex-obsessed, disturbing artificial intelligence bot is in control of the newest meme coin phenomenon, Goatseus Maximus (GOAT).

GOAT, built atop the Solana blockchain, has flourished in its brief existence, jumping 157% in the past week of trading.

Much of the coin's traction came on the back of Mark Andreessen, a general partner at Andreessen Horowitz, who donated US$50k (AU$74k) worth of Bitcoin to Truth Terminal.

Will AI Meme Coins Sink or Swim? This New Sector Could be Set to Explode

In general, according to Deutscher, AI-driven meme coins are where two of crypto's hottest narratives collide.

They are two high-growth sub-sectors of the market that have attracted significant community interest of late – and their combination creates a unique, possibly disruptive asset class that could take crypto by storm.

Because the sector is so young (GOAT went live less than a week ago), it has untapped potential – investors are getting in on the ground floor.

Related: Greed Returns to Crypto as Analysts Call for Bull Run Into ‘Uncharted Territory’

However, as with any novel asset, AI meme coins could be a flash in the pan, better suited as a bit of a joke than a real investment. Newer projects are inherently higher-risk than established ones and may attract bad actors who want to exploit the hype.

Those with a weak risk appetite could consider underlying infrastructure – like Solana – or AI-centric protocols like Fetch.ai and Render as safer alternatives, suggests Deutscher.

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