Original Author: Deep Tide TechFlow

The frenzy of AI Memes makes one feel that the familiar bull market has returned, although it is only focused on the concept of AI Memes.

Today, in addition to the leading concept token $goat breaking new highs and $flavia becoming the star of the sector, a relatively unique AI Meme concept has emerged: $THE.

$THE stands for Thelema, which is a transliteration of the ancient Greek word θέλημα, meaning a person's true will, distinct from the general notion of superficial desires. However, in this context, Thelema refers more to a mystical religion founded in the last century.

The story of $THE aims to trace back the current fervor of AI Memes, ultimately pointing to the idea of "AI ≈ Mysticism." Yes, this idea is indeed a bit abstract. This article will briefly introduce how this whimsical perspective came about through some information that has been organized.

Token Originates from the Founder’s Exploration of AI and Mysticism

The issuance of $THE originated from a Twitter user @illest_ who posted a Thread reflecting on the origins of AI. In the post, illest claimed that the current "cult-like" hype surrounding AI Memes prompted him to conduct some research on AI, tracing its origins back to the NASA space era. Without clarifying much, illest first released the ticker: $THE, along with a disclaimer stating that this is just a discussion, and $THE is merely a pure Meme coin, urging viewers to assess the risks themselves, as he does not take responsibility for the profits or losses of this token.

First, illest mentioned two figures: Aleister Crowley, the creator of the religion "Thelema," and Jack Parsons, one of the co-founders of NASA's Jet Propulsion Laboratory (JPL).

Aleister Crowley was a British occultist, ceremonial magician, poet, philosopher, political theorist, novelist, mountaineer, and painter. Jack Parsons made pioneering contributions to rocket technology. He invented the first composite propellant rocket engine, laying the foundation for modern aerospace technology, and is even hailed as the "father of space travel." Most importantly, while achieving success in the aerospace field, Jack Parsons was also a devoted follower of the Thelema cult.

The father of aerospace fervently delving into mysticism? The seemingly completely opposing concepts of science and mysticism are so seamlessly combined in Jack Parsons, which left illest feeling a sense of "WTF."

Illest introduced the background of these figures here, and more information is provided in the tweet through external links, so it will not be elaborated further.

In the tweet, illest rambled on about various topics and included an external commentary video. The gist of it was to suggest that while AI technology appears impressive now, (assuming) the birth of AI is inseparable from NASA, which has a large number of top tech talents, and NASA's inception is also linked to the mystically inclined Jack Parsons. Through layers of deduction, one might conclude that AI ≈ Mysticism, so "speculating on AI" is roughly equivalent to "speculating on mysticism," and the released "Thelema" concept token $THE perfectly aligns with this logic, thus the token associated with this mystical term naturally emerged in the AI MEME craze… (What even is this?)

After rambling on about various concepts and posting numerous links, illest reiterated the disclaimer: reminding everyone that this is just a Meme coin, nothing more, and more precisely, a form of spreading negative awareness of this mystical movement, suggesting that one might not even want to purchase it. He claimed to have bought about 13-14% of the supply and might send some to members of Act I to express gratitude for the recent increase in Solana trading volume; if they do not want it, he would burn most of it himself. He also reminded everyone not to delve too deeply into these mystical matters to protect their sanity.

What’s happening now—Is the token price dropping, and is the founder starting to act crazy?

During the writing of this article, market players seem to be struggling with this overly abstract concept, and $THE has already taken a turn for the worse. Its current market cap is less than one million dollars, with a peak market cap close to ten million dollars.

The issuer, illest, has been tweeting live about burning some of the tokens he holds since the issuance, while continuously discussing related concepts. His basic state is to post some encyclopedia links about mystical concepts while saying, "Don't research or believe in these things," and he keeps emphasizing that although the $THE token concept originates from mysticism, $THE is essentially just a pure Meme, created for fun, and even a movement to "Meme-ify" mysticism, aiming to make mysticism less terrifying and mysterious, but rather something that can be discussed with a laugh. (Editor’s note: This seems like illest's "antidote" strategy to maintain his sanity, or perhaps he is acting crazy to cover up the fear of backlash after launching the token…)

Perhaps the concept is just too quirky, or the token price has dropped due to a lack of buyers for the concept, leading to illest's subsequent tweets being mostly self-indulgent, with comments mainly from players focused on the price trend.

Thus, the essential concept of the $THE token remains overly abstract. The initial hype may have been more like a self-reinforcement for those who missed out on the AI Meme market or simply felt that the angle was novel enough to catch the wave…

It is uncertain how $THE will develop in the future—whether it will evolve into even more novel and mysterious angles or simply fade away. In any case, with almost all Meme coins currently becoming AI-themed, a contrasting concept like $THE might indeed catch people's attention. Such "beneficial mutations" can sometimes bring unexpected adaptive advantages, making the market take notice, but it may not happen today; rather, it could appear on some future "$THE."

Note: Meme token prices are highly volatile and carry significant risks. Investors should fully assess risks and participate cautiously. The information regarding the tokens and mysticism mentioned in this article is shared based on market trends, and the author and platform do not guarantee the completeness or accuracy of the content. This article does not constitute any investment advice.

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