Author: Nancy, PANews
Undoubtedly, MEME is the current traffic leader in the crypto market, with various players showcasing diverse entry strategies. Some investors meticulously analyze on-chain data or candlestick chart trends to capture market rhythms; others bet on specific topics such as pop culture and trending events to leverage their rise, while some news-driven players closely follow social media and news dynamics to seize market opportunities.
Despite the bustling MEME market, not all MEMEs can truly gain market attention and continue to grow. On the contrary, most MEME projects struggle to escape the fate of zero or extinction, 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 line in the global market this year, crypto projects combining artificial intelligence have also garnered 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; most of these projects have a market size in the tens of millions, with 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's AI agents, and this AI robot received funding from a16z. GOAT skyrocketed after its launch, with a market cap peaking over $500 million, but due to doubts about 'Truth Terminal not being AI,' its market size significantly dropped to nearly $150 million.
However, after the Truth Terminal founder disclosed that he would not sell his held tokens and sought a transparent governance process, and top trader Eugene also 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: $0.72 Billion
GNON is promoted by the AI robot lumpenspace, and has also been prominently called out by Eugene, who stated, 'GOAT and GNON will become key positions for long-term trends in the future. If I'm wrong, then I am 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: $0.47 Billion
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 launch AI agent tokens, enabling users to co-own the income generated by the agent. $VIRTUA is the token of Virtuals Protocol, used for creating liquidity pools for AI agent tokens.
LUNA is an AI virtual idol and live agent created by Virtuals on TikTok, with a follower count of 500,000, 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: $0.1 Billion
The AI trading robot Terminal of Fun claims to 'specialize in analyzing token markets on Pump.fun and learning how to buy and sell tokens,' using profits for repurchasing FUN. According to Lookonchain monitoring, Terminal of Fun currently has a 100% win rate trading MEME coins, with a return rate of 426 times on FUN. It is worth noting that the high win rate of Terminal of Fun has raised community doubts, suggesting it is not a robot but more like an automated trading program under the guise of AI.
On-chain data shows that FUN's market cap surpassed $10 million within one day of going live, with over 8,000 holding addresses.
AI + Art
slop Market Cap: $0.27 Billion
slop is a MEME combining AI and artistic narrative, created by the AI application Glif founded by fabian, who has responded to this. Moreover, Glif has been highlighted by a16z.
On-chain data shows that slop's market cap reached $27 million within two days of creation, with over 11,000 holding addresses.
AI + Animals
Shoggoth Market Cap: $0.35 Billion
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 MEME coins, while the new version of Shoggoth attempts to launch a bloodsucking attack to become the 'real Shoggoth.' According to Shoggoth, the name Shoggoth comes from a character in a science fiction story, and it has even stated (New York Times) that Shoggoth is '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 nearly $35 million, with over 4,900 holding addresses.
AI + Infrastructure
Act I: The AI Prophecy (ACT) Market Cap: $0.24 Billion
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, sustained and long-term observation, diverse AI participants, and real-world environments. Given that 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 in three days, with over 10,000 holding addresses.
