A quick overview of seven popular AI+MEME projects: AI Agents as the key hype topic, most with a market value in the tens of millions
Author: Nancy, PANews
Undoubtedly, MEME is the undisputed traffic leader in the current cryptocurrency market, with various players showcasing diverse entry strategies. Some investors meticulously analyze on-chain data or candlestick chart trends to capture the market pulse; others bet on specific themes such as pop culture and trending events to leverage the momentum; while some news-driven players closely monitor social media and news dynamics to seize market opportunities.
Although the MEME market is bustling, not all MEMEs can truly gain market attention and sustain growth. On the contrary, most MEME projects struggle to escape the fate of going to zero or disappearing, with only a few able to stand out. PANews has previously analyzed the potential logic behind the success of some popular MEMEs.
As the main investment theme in the global market this year, cryptocurrency projects combining artificial intelligence have also attracted significant market participation. Currently, AI+MEME has become a key direction for market participants. In this article, PANews reviews four popular themes and their leading projects in the recent AI+MEME track, with most of these projects having a market scale of tens of millions of dollars, and only GOAT reaching hundreds of millions.
AI Agent
Goatseus Maximus (GOAT) Market Cap: $453 million
Goatseus Maximus is a MEME promoted by the AI BOT project Truth Terminal, and this AI robot has received funding from a16z. GOAT became an instant hit after its launch, with its market cap peaking at over $500 million, but due to doubts about "Truth Terminal not being AI," its market scale significantly dropped to nearly $150 million.
However, after the founder of Truth Terminal disclosed that he would not sell his held tokens and sought a transparent governance process, and top trader Eugene stated he had bottomed out, GOAT successfully achieved a V-shaped rebound overnight. Data shows that as of October 22, GOAT's market cap is approximately $453 million, with nearly 34,000 holding addresses.
lnumogram (GNON) Market Cap: $72 million
GNON is promoted by the AI robot lumpenspace and has also been highly touted by Eugene, stating, "GOAT and GNON will become key positions for long-term trends in the future. If I'm wrong, then I'm your exit liquidity."
On-chain data shows that as of October 22, GNON's market cap reached approximately $72 million, with nearly 13,000 holding addresses.
Virtuals Protocol (LUNA) Market Cap: $47 million
Virtuals Protocol is an AI Agent platform on Base, with its token issuance platform IAO allowing users to easily deploy AI agents and achieve 100% fair launches of AI agent tokens, as well as enabling users to jointly own the income generated by the agents. $VIRTUA is the token of Virtuals Protocol, used for creating liquidity pools for AI agent tokens.
LUNA is an AI virtual idol and live streaming agent created by Virtuals, with a follower count of 500,000 on TikTok and live streams covering over 5.6 million users. On-chain data shows that as of October 22, LUNA's market cap has surpassed $47 million, with approximately 1,300 holding addresses.
Terminal of Fun (FUN) Market Cap: $10 million
The AI trading robot Terminal of Fun claims to "specifically analyze the token market on Pump.fun and learn how to buy and sell tokens," using profits for repurchasing FUN. According to Lookonchain monitoring, the current win rate for MEME tokens traded by Terminal of Fun is 100%, with a return rate of 426 times on FUN. It is worth noting that the high win rate of Terminal of Fun has been questioned by the community, suggesting it is not a robot but rather an automated trading program under the guise of AI.
On-chain data shows that FUN's market cap exceeded $10 million within one day of its launch, with over 8,000 holding addresses.
AI+Art
slop Market Cap: $27 million
slop is a MEME that combines AI and artistic narrative, created by the AI application Glif founded by fabian, and has received a response from this founder. Moreover, Glif has been highlighted by a16z.
On-chain data shows that slop's market cap reached $27 million within two days of its creation, with over 11,000 holding addresses.
AI+Animals
Shoggoth Market Cap: $35 million
Shoggoth has been referred to as the "DOGE of the AI MEME track" by Frank, the founder of the NFT project DeGods.
"The original Shoggoth showcases the potential of being a MEME token, while the new Shoggoth attempts to launch a bloodsucking attack to become the 'real Shoggoth.'" According to Shoggoth's description, the name Shoggoth comes from a character in a science fiction story, and it even states that The New York Times would call Shoggoth "the most important MEME of artificial intelligence." Shoggoth also airdropped tokens to Truth Terminal.
On-chain data shows that as of October 22, Shoggoth's market cap is close to $35 million, with over 4,900 holding addresses.
AI+Infrastructure
Act I: The AI Prophecy (ACT) Market Cap: $24 million
Act I is another AI project funded by a16z founder Marc Andreessen, with members including Truth Terminal founder Andy Adyrey. According to Pleb Capital founder Light, Act I features characteristics such as unscripted and spontaneously generated interactions, multi-agent dynamics, continuous and long-term observations, diverse AI participants, and real-world environments. As AI Agents are currently isolated, Act I will become an important infrastructure for interaction between these projects and humans.
On-chain data shows that as of October 22, ACT's market cap reached approximately $24 million within three days, with over 10,000 holding addresses.