From $58,000 to seven million with AI-Memecoin GOAT
12,300 percent profit in just a few weeks: one trader got rich thanks to the success of the first AI Mecoin.
12,300 percent profit in just a few weeks: one trader got rich thanks to the success of the first AI Mecoin.
The Memecoin GOAT has been causing a stir in the industry for weeks. It is the first AI Memecoin and shot up to a market cap of more than half a billion dollars within days, making some traders particularly rich.
One of them achieved a gain of about 12,300 percent. According to Arkham Intelligence, this wallet bought early 1.5 percent of the total circulating stock. Thus, $58,000 turned into nearly $7.5 million.
Luck or insider trading? That question remains unanswered. It is noteworthy, however, that the same trader was previously similar "happiness" had with another Memecoin, Daddy Tate, inspired by the controversial influencer Andrew Tate.
GOAT provided the first time an AI made millions thanks to a meme. Goatseus Maximus (GOAT) is a meme-coin inspired by an AI language model called Terminal of Truths. Fascinated by goat memes, the AI began tweeting about a "meme religion," with notable posts predicting a "GOAT singularity." An anonymous user on X then created the meme-coin, which was soon approved by the AI bot.
Shortly after the token's launch, it became a trending topic, driven by Terminal of Truth's relentless tweets that piqued the interest of the crypto community. Soon the Gospel of Goatse community emerged, with a dedicated, almost cult-like following around the AI's statements.
