The price of Goatseus Maximus (GOAT), a meme coin on Solana, dropped by 50% in a single day after suspicions arose that the AI-driven X account 'Terminal of Truths' was actually under human control. The developer of the account, Andy Ayrey, clarified that the content presented by the "Terminal of Truths" is the result of two AI models communicating with each other, along with reinforcement from the audience. Ayrey also addressed the typo made by the account, explaining that language models like the "Terminal of Truths" can make errors due to trying to predict what comes next in a string of text. Following Ayrey's clarification, the GOAT token rebounded to $0.33. Ayrey holds 1.25 million GOAT tokens and plans to distribute some to friends and AI researchers, while also mentioning other meme coins like ANDY70B, FARTCOIN, and OPUS that have appeared in conversations within the "Infinite Backrooms." The creators and tokenomics information for these meme coins are unknown.
- Content Editor ( beincrypto.com )
- 2024-10-21
GOAT Meme Coin Plummets 50% Amid Doubts Over AI-Driven ‘Terminal of Truths’