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$GOAT leads market gains in the last 24h
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On November 28, 2024, GOAT BASED, a new memecoin, was launched and quickly stood out in the market. In just under 5 days, the project gained US$74.2 million in market capitalization. In the last 24 hours alone, the GOAT grew an impressive 17,172%, the highest growth recorded in the last 24 of all cryptocurrencies.
$GOAT is a peculiar cryptocurrency. This is because it is not exactly born as a memecoin project and without the intention of being a cryptocurrency for a specific community. On the contrary, GOAT BASED was born spontaneously, catalyzed by the viral success of an AI.
OX is known for being a space for creativity, especially among enthusiasts of new technologies. The creation of bots, or robots, that interact with users is common on the website. There are bots of all types and with different functionalities. Including bots that analyze the cryptocurrency market.
One of these bots is TruthTerminalor Terminal of Truths in literal translation. The chatbot was created by Andy Ayrey who describes himself on his X.com profile as a “dealer of existential hope” and artist. In March, Ayrey came up with the idea of putting two AI Claude 3 Opus, large-scale language models (LLM) from Anthropicto talk to each other about existential questions.
The Terminal of Truths
At the time, the project was named Infinite Backrooms, a reference to the deepest corners of our mind. During the following months, these two AI bots begin to have the most diverse conversations, including a analysis of an internet meme from the 90s, Goatse. Andy then writes a facetious research paper in which he analyzes the conversation between LLMs and the most interesting result: the first AI-generated religion.
The Truth Terminal is now used by X users who stimulate conversations and existential thoughts in the chatbot. However, the conversation that went viral and made GOAT possible was with venture capitalist Marc Andreessen. On the 8th of July, Andy posts a conversation with Truth Terminal. He had questioned her creation, what she would do with 5 million dollars.
Mark shared the post and asked them to release the terminal. Then the chatbot interacted with Andressen and the conversation ended in a capitalist donation of US$50,000 in Bitcoin. In October, someone launches the GOAT memecoin on Pump.fun, based on the Solana blockchain and the success is resounding, especially in the last 24 hours.
While Bitcoin (BTC) and Ethereum (ETH), solid cryptocurrencies, faced small drops of -1.69% and -2.43%, respectively, the price of GOAT continues to rise. In just 24 hours, the value of memecoin jumped from $0.00044117 to $0.00191206. Growth of around 300%, placing GOAT as one of the cryptocurrencies with the highest market capitalization.
$GOAT leads market gains in the last 24h
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$GOAT leads market gains in the last 24h
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$GOAT leads market gains in the last 24h
