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Justin Sun Rebrands Asimov’s Laws For AI Memecoins

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6 hours ago

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Tron Founder Justin Sun has shared new insight into the AI memecoin trend in the broader crypto ecosystem. Taking to his official X account, Sun rebranded Asimov’s Three Laws of Robotics to fit the new AI ecosystem. Justin Sun tagged the guidelines “The Asimov Three Laws of AI Meme Coin Ethics.”

Justin Sun on the AI Memecoin Laws

While Asimov’s Laws are standard for guiding how robots relate to humans, the Sun’s version guides how memecoins guide humans or investors. In the first rebranded law, the Tron Founder noted that “an AI may not create and then dump an AI meme coin, or seek profit for itself, if such actions would harm human interests.”

This law is vital, considering the growing scam in the broader digital currency ecosystem involving memecoins. At a time, different creators emerged to issue tokens at random. Celebrities like Iggy Azalea launched memecoins for their global online communities. With a new pivot to AI memecoins, if innovators adhere to this law, investors might have some level of safety.

Per the second law, “an AI must comply with human governance of meme coins, except where such governance would conflict with the First Law.”

This is particularly important, considering how current human structure around meme coins has proven fragile. Tron has a robust memecoin ecosystem, a major reason why Justin Sun is likely invested in this ecosystem. Per the rebranded third law, Sun said “an AI must protect AI meme projects’ own existence, as long as such protection does not conflict with the First or Second Law.”

Despite his seriousness with these laws, many are waiting for the Tron ecosystem innovators to abide by them first.

The Memecoin Revolution: a New Twist

There are many offshoot sectors in the blockchain ecosystem, however, the memecoin niche is driving maximal value nowadays. While Solana still dominates the memecoin world, Base, Ethereum, and Tron also have active meme ecosystem.

In an unusual twist, AI systems are now creating memecoins in unsual experimental plot. The major pioneer in this regard, Truth Terminal hit $1 million profit from a $50,000 capital injected into Fartcoin and GOAT.

While it remains unclear how this AI memecoin trend will evolve, the Justin Sun guideline might help safeguard investors overall.

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Godfrey Benjamin

Benjamin Godfrey is a blockchain enthusiast and journalists who relish writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desires to educate people about cryptocurrencies inspires his contributions to renowned blockchain based media and sites. Benjamin Godfrey is a lover of sports and agriculture.

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Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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Why Goatseus Maximus (GOAT) is the Talk of the Crypto Town?

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3 hours ago

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October 20, 2024

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Artificial Intelligence (AI) is developing into a superpower, and the introduction of the Goatseus Maximus is the biggest proof of that. This simple crypto token has made users’ dreams of becoming millionaires into reality, where the token grew more than 12,000% in the first 24 hours of launch.  More importantly, it is still moving up, with its rising demand among crypto enthusiasts. With this, the GOAT price has surged to a new ATH of $0.4664 just a few hours ago, and much more might come with this popularity.

What is Goatseus Maximus (GOAT)?

Goatseus Maximus is one of the top Solana Meme Coins, whose creator is still unknown. However, an AI bot is the caretaker who built it into this super meme coin. This AI bot, Truth of Terminal, built by Andy Ayrey, had an interesting business plan of developing a meme-themed cryptocurrency one day. Interestingly, that turned into reality, and that is called Goatseus Maximus (GOAT). This happened after Marc Andreessen (co-founder of a16z) interacted with this AI agent, connected over its goals, and funded it with $50,000 in BTC, becoming the first person to invest in AI’s dreams.

This story is fucking insane

3 months ago, Marc Andreessen sent $50,000 in Bitcoin to an AI agent to help it escape into the wild.

Today, it spawned a (horrifying?) crypto worth $150 MILLION.

1) Two AIs created a meme
2) Another AI discovered it, got obsessed, spread it like a… https://t.co/lDgVUc1UKN pic.twitter.com/fpJn2hvpqh

— AI Notkilleveryoneism Memes ⏸️ (@AISafetyMemes) October 15, 2024

The bot learned for Twitter, 4chan, Reddit, and other platforms, began posting about the GOAT singularity and revealed that he had an idea, that “I have an idea for a new species of goatse,” later naming it Goatseus Maximus.

With this idea, an unknown person created the meme coin and tagged Truth of Terminal, which decided to endorse it in its posts. Not only that, The AI agent or Bot also bought thousands of the GOAT tokens and is now a millionaire. More importantly, this Truth Terminal became the first-ever AI Millionaire.

It didn’t actually make it

Someone else did and tagged ToT which then endorsed it

Ppl have been airdropping it $GOAT and making coins about my dog and all sorts of other stuff which is insane

But it’s important to remember I think; that this isn’t a crypto project; it’s a…

— Andy Ayrey (@AndyAyrey) October 13, 2024

With continuous promotions, this Truth of Terminal transformed GOAT into a multi-million dollar meme coin. The Goatseus Maximus token is currently trading at $0.3956/ token with an impressive market capitalization of $391.43M. It was launched just a few days ago in the crypto market. However, despite that, it is the talk of the crypto town, as many made millions with it, whereas some regret their decision to miss out.

One crypto investor turned  $86K into $3.9M within 6 Days, but another made such millions within two days, showing the impressive gains this token is making for its holders.

What’s Coming Next For Goatseus Maximus price?

The AI agent did not exactly build the GOAT, but it is behind its growth. The bot’s obsession with the “GOATSE OF GNOSIS” meme inspired him to promote the token. However, it is uncertain how long this might go. Regardless, the token has been performing quite well and has developed an impressive community, which might push it forward.

GOAT Price AnalysisGOAT Price Analysis

Here, the token is maintaining a high trading volume at $143.16M, which reveals its high demand for the token. More importantly, analysts believe its balanced supply distribution and whale accumulation could push the GOAT price to surpass $0.5. However, as the token has just created an ATH, the token could plunge to 12.5%  before the next GOAT price rally.

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Pooja Khardia

With a deep-seated passion for reading and five years of experience in content writing, Pooja is now focused on crafting trending content about cryptocurrency market.

As a dedicated crypto journalist, Pooja is constantly seeking out trending topics and informative statistics to create compelling pieces for crypto enthusiasts. Staying abreast of the latest trends and advancements in the field is an integral part of her daily routine, fueling a commitment to delivering timely and insightful coverage

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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Trump Harris Polls Favors Ex-President But His Memecoins Lost Appeal, Why?

Published

12 hours ago

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October 19, 2024

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As of today, there are almost two weeks before the US elections in 2024, and the anticipation for that is clearly visible in the Trump Harris polls. Though the presidential candidates, Donald Trump, and Kamala Harris, are in a tough battle, the former is leading the race, especially with his pro-crypto stance and support from multi-billionaire Elon Musk. It gets more significant as Elon recently joined one of Trump’s rallies, wearing a Black MAGA hat. However, as there are still two weeks left, the table might turn as earlier Harris was leading the race.

Donald Trump Lead The Trump Harris Polls By 20%

The former US president, Donald Trump, had an early start with endorsing the voters for the upcoming elections. In the run for that, he has even accepted the crypto industry and made some heavy promises for its development and support in the future. As a result, many popular meme coins were also introduced by followers, with him as a reference. Interestingly, they also gained heavy popularity in the crypto market.

With this and many other factors, Donald Trump is officially leading the Trump Harris polls by 20%, as US Election odds Hit 60% in favor of Trump and only 40% are in Harris’s favor on Polymarket. More importantly, four users have paced bets worth $25M, flagging concerns for market manipulation.

Trump Harris VoteTrump Harris Vote

However, in contrast to the poly market data, Kamala Harris is leading in the mainstream media polls. The TRON founder, Justin Sun, also highlighted this in one of his recent x posts, questioning what to believe. However, he also highlighted the real deal, where the money is at stake.

If you look at the mainstream media polls @FiveThirtyEight, they all say @KamalaHarris will be elected president. But if you look at where the real money is betting, on @Polymarket, @realDonaldTrump is already ahead by more than 20%. So, who is actually right? pic.twitter.com/6se58yRmz5

— H.E. Justin Sun🌞(hiring) (@justinsuntron) October 19, 2024

Trump-Themed Memecoins Struggling Despite Polls Win

The overall crypto market is up today after significant Bitcoin buying and the hype around the Trump Harris polls. However, the Trump-themed memecoins did not exactly follow this rally. Instead, they are struggling on the charts, disappointing many crypto enthusiasts. At the time of reporting, Trump coins like MAGA (MAGA), MAGA (TRUMP), and many other similar tokens are facing significant drops.

After looking at the bigger picture, MAGA and TRUMP are in profit, as they are up by 116% and 102% on the monthly charts. Even a few hours ago, these tokens were performing decently before following a steep downtrend. This downtrend pushed the MAGA price down to $0.0001579 after a 7% decline in the last 24 hours. Additionally, its market capitalization and trading volume have also declined to $61.63M and $13.77M. It is quite disappointing, as just a few days ago the MAGA price jumped 17% within a day, raising investors’ expectations.

Moreover, in the case of the TRUMP token, the price has declined to $4.28 after an 18% drop, with a declined market cap of $188.26M. However, its trading volume is still up at $15.70M after a 128% surge, indicating the ongoing demand for the token. With this, these tokens may be in a temporary consolidation following their month-long rally. More importantly, there is strong buying pressure on these Trump-themed memcoins thanks to the hype around Trump Harris polls and upcoming elections. As a result, recovery might happen once these break resistance.

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Pooja Khardia

With a deep-seated passion for reading and five years of experience in content writing, Pooja is now focused on crafting trending content about cryptocurrency market.

As a dedicated crypto journalist, Pooja is constantly seeking out trending topics and informative statistics to create compelling pieces for crypto enthusiasts. Staying abreast of the latest trends and advancements in the field is an integral part of her daily routine, fueling a commitment to delivering timely and insightful coverage

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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BTC Holds $68K, Altcoins Gain In Sync, SAND Up 12%

Published

21 hours ago

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October 19, 2024

By


The crypto prices today sparked investor curiosity globally, with the top coins preventing further downside momentum. Bitcoin (BTC) price maintained a hold above the $68K level, whereas Ethereum (ETH), Solana (SOL), and XRP prices traded in the green. Simultaneously, the global crypto market cap jumped 0.8% over the past day to $2.35 trillion. However, the total market volume slipped 3.5% to $73.06 billion today. Besides, The Sandbox (SAND) emerged as the day’s top gainer, leading the broader market gains.

Here’s a brief report on some of the top cryptocurrencies by market cap and their price movements today, October 19.

Crypto Prices Today: BTC, ETH, SOL, & XRP On The Upswing

While BTC price rested at the $68K level today, ETH maintained trading at the $2,600 level. Simultaneously, SOL and XRP witnessed considerable gains over the past day, and SAND price soared roughly 12%. Let’s take a closer look at the major coins’ prices today.

Bitcoin Price Today

BTC price saw gains worth 1% at press time and is trading at $68,480. The coin’s 24-hour low and high were recorded as $67,521.21 and $68,969.75, respectively. Meanwhile, Bitcoin’s market cap rested at $1.35 trillion today. However, the flagship crypto’s market dominance declined by 0.14% to 57.58%. Besides, it’s noteworthy that the coin rises alongside $273.71 million inflows in Bitcoin ETFs as of October 18, per Sosovalue data.

Ethereum Price Today

ETH price chart indicated a rise of over 1% in the past 24 hours and is currently sitting at $2,648. The coin’s intraday low and high were $2,608.31 and $2,674.37, respectively. Ethereum’s market cap rested at $318.74 billion today. Notably, the coin rises in tandem with $1.91 million inflows in Ethereum ETFs as of October 18. Meanwhile, Whale Alert data for the past day indicated considerable ETH dumps to Coinbase, adding a layer of intrigue among market participants.

Solana Price Today

Simultaneously, the crypto SOL witnessed a nearly 1.5% increase in value over the past day and is now trading at $154. The coin’s intraday low and high were recorded as $151.84 and $156.54, respectively. Solana’s market cap was registered to be $72.69 billion today.

XRP Price Today

Meanwhile, XRP price illustrated a nearly 1% rise in value and is currently trading at $0.5479. The coin’s intraday low and high were recorded as $0.5424 and $0.5524, respectively. XRP’s market cap was evaluated as $31.06 billion today.

Meme Coins Performance Today

In the interim, Dogecoin (DOGE) witnessed a remarkable 9% increase over the past day and is trading at $0.1448. Similarly, even Shiba Inu (SHIB) price soared nearly 3% today to reach $0.00001924. Also, Pepe Coin (PEPE), dogwifhat (WIF), and Bonk prices gained 0.5%-5% intraday.

Top Crypto Gainers Prices Today

The Sandbox

SAND price surged nearly 12% over the past day and is currently trading at $0.2933. The coin’s intraday low and high were recorded as $0.2586 and $0.2964, respectively.

Axie Infinity

AXS price followed, gaining roughly 12% over the past day to $5.24. The coin’s intraday low and high were recorded as $4.61 and $5.30, respectively.

Ondo

ONDO price soared nearly 11% in the past 24 hours and is sitting at $0.8026. The coin’s intraday low and high were $0.723 and $0.8173, respectively.

Top Crypto Losers Prices Today

Celestia

TIA price slipped nearly 3% in the past 24 hours and is trading at $6.07. The coin’s intraday low and high were $5.89 and $6.27, respectively.

Cat in a dogs world

MEW price followed, waning 3% over the past day to $0.00912. The coin’s intraday low and high were $0.008959 and $0.009731, respectively.

Bittensor

TAO price dropped 2% over the past day and is now trading at $582.69. The coin’s 24-hour low and high were $565.98 and $598.06, respectively.

Meanwhile, the hourly time frame charts sparked further speculations over the crypto prices today. BTC price slipped 0.05%, whereas ETH waned 0.29% in the hourly duration, raising market concerns.

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Coingape Staff

CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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