GOAT continues the hot AI meme concept, pawpaw and other "follow the leader" stocks reappear with a cliff-like drop.

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5 hours ago

Author: BlockBeats

Today, $GOAT continues to rise, with a market cap exceeding $30 million, sparking a wave of speculation around AI meme coins. During this period, players also discovered a new coin, pawpaw, from the large address of popcat, with the "whale" narrative driving pawpaw's price up 40 times in three hours, followed by a 70% drop in just 15 minutes.

AI Meme Continues to Rise

GOAT

GOAT comes from an AI Bot that launched in June this year—Truth Terminal (@truth_terminal), which operates in a semi-autonomous mode. Human administrators can approve its Twitter posts and decide who to interact with. What made it famous was a $50,000 Bitcoin investment from a16z founder Marc Andreessen.

Andy Ayrey, the founder of Truth Terminal, stated that Truth Terminal is not a crypto project but a "study of the tail risks generated by meme contagion and the era of [large language models] with unsupervised infinite creativity." As Truth Terminal's statements increasingly exhibit meme propagation effects, many related speculative targets have gradually emerged in the market. Among them, GOAT has attracted the most attention in recent days.

GOAT stands for goatseus maximus, a name that the AI Bot of truthterminal came up with. Andy Ayrey, the founder of truthterminal, stated that he is not directly responsible for launching the GOAT token, but he is involved in promoting the memecoin. Today, after experiencing a nearly 40% drop, GOAT has risen again, with a market cap reaching a high of $33.7 million.

Highest Market Cap: $337M

Current Market Cap: $269M

24h Trading Volume: $117M

Highest Profit from Purchase at 12 AM (GMT+8) Today: 179%; Current Profit: 124%

MEDUSA

MEDUSA is a meme coin released by @BrokenEmoAi.

After its launch, MEDUSA saw a price increase of over 50 times, with its market cap peaking above $30 million last night before starting to decline, currently at $17.74 million. Today, it experienced two fluctuations with around 100% increases.

DOGAI

DOGAI claims to be the "first AI-driven meme coin," but there is no introduction to the AI model used on its Twitter and homepage.

Highest Market Cap: $8.5M

Current Market Cap: $3.3M

24h Trading Volume: $10.9M

Highest Profit from Purchase at 12 AM (GMT+8) Today: 2094%; Current Profit: 1639%

KAORIAI

Kaori AI is a virtual chatbot, with its representative application (meme) coin being $KAORIAI. Although its Telegram-based chatbot is not yet fully operational, $KAORIAI initially experienced a drop to zero, followed by a 30-fold increase in four hours.

Highest Market Cap: $1.46M

Current Market Cap: $1.1M

24h Trading Volume: $4.3M

Highest Profit from Purchase at 12 AM (GMT+8) Today: 2917%; Current Profit: 1039%

Following the Whale pawpaw

On October 12, the meme coin popcat's market cap exceeded $1.5 billion. Today, a player @0xseven1 discovered that the wallet address starting with HnRi7 from popcat's front row had released a new meme coin, pawpaw. Subsequently, Chinese community KOL Crypto Weituo and the official account of Three Arrows Capital commented on this tweet. From 11 AM to 3 PM today, pawpaw surged over 40 times, with trading volume exceeding $2 million.

However, after the market cap approached $2.8 million, pawpaw experienced a cliff-like drop, falling 73% in 15 minutes. Since the HnRi7 address discovered by the community did not sell, the drop in pawpaw caused many traders to incur losses.

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