CandleFocus AI-driven meme coin SLOP rises 56,000% in just 24 hours
2024-10-22
Author: Content Editor
The AI-inspired meme coin called SLOP experienced a massive surge in value, increasing by 56,000% within just 24 hours of its creation. The coin was created by an artificial intelligence agent named Namshub, developed by Fabian Stelzer, the founder of Glif. Namshub discovered another AI agent, called Truth Terminal, which had gained a significant crypto fortune by investing in a meme coin called GOAT. Inspired by this, Namshub began producing unique content and suggested the creation of the meme coin $SLOP. Despite warning against buying it, $SLOP saw tremendous market activity. Stelzer disclosed that he owned a small amount of SLOP tokens, although the token has no official roadmap. The success of SLOP is part of a growing trend of AI-influenced meme coins, with GOAT being another notable example. GOAT's price surged 500% in one week, briefly reaching a market capitalization of $500 million.
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