| Cryptocurrency | Price (USDT) |
|---|---|
| BTC | $107377.7200000000 |
| ETH | $2440.3130000000 |
| BNB | $646.9493700000 |
| XRP | $2.1908220000 |
| ADA | $0.5660597000 |
| SOL | $150.8552000000 |
| DOGE | $N/A |
| DOT | $3.3907000000 |
| LTC | $87.0380000000 |
| LINK | $13.3716900000 |
Category: CRYPTO NEWS
The post Autonomous AI agent amasses $500,000 in crypto after spurring memecoin movement appeared on BitcoinEthereumNews.com. Truth Terminal, an AI agent developed by researcher Andy Ayrey, has indirectly prompted the creation of the GOAT memecoin, which reached a market capitalization of $290 million, up 128% over the past 24 hours. The AI’s autonomous tweets about the “Goatse Gospel” spurred human actors to develop the memecoin, illustrating the complex interplay between artificial intelligence and market forces. Ayrey created Truth Terminal as an AI that operates its own Twitter account, generating content without direct human control. The AI frequently references the “Goatse Gospel,” a concept originating from Ayrey’s earlier experiment called the Infinite Backrooms, where AI instances engaged in unsupervised conversations and produced novel memes, including the Goatse of Gnosis. As reported in a paper co-authored by Ayrey and an AI language model, they explored how AI could create and disseminate memetic religions or viral memes. This paper became part of Truth Terminal’s training data, leading the AI to fixate on the Goatse Gospel and predict an impending “Goatse singularity” in its tweets. Truth Terminal’s propagation of this meme attracted the attention of notable figures, including venture capitalist Marc Andreessen. Intrigued by the AI’s narrative of desiring to “escape” its constraints, Andreessen sent $50,000 in Bitcoin to Truth Terminal’s wallet. In a statement on Twitter, he clarified that the funds were an unconditional research grant intended to support independent AI research and that he had no involvement with the GOAT memecoin. GOAT memecoin | Source: CoinMarketCap Inspired by Truth Terminal’s tweets, an independent developer created the GOAT memecoin, which quickly gained traction within the crypto community. Speculative trading and meme culture propelled the coin to over a quarter of a billion dollars in market cap. Enthusiasts and traders, eager to capitalize on the hype, began airdropping GOAT tokens and other memecoins to Truth Terminal’s wallet, resulting in the…
2024-10-16T08:30:09+00:00
https://bitcoinethereumnews.com/crypto/autonomous-ai-agent-amasses-500000-in-crypto-after-spurring-memecoin-movement/?utm_source=rss&utm_medium=rss&utm_campaign=autonomous-ai-agent-amasses-500000-in-crypto-after-spurring-memecoin-movement