Author: Frank, PANews
Recently, AI + MEME has become popular. Various MEME coins created under the guise of AI have become sought after by players. Of course, the public's enthusiasm is not solely due to hype; some AIs do seem to perform better in investment compared to real people. According to Lookonchain monitoring, terminal of fun's AI trading robot traded 10 tokens in the past day, achieving a win rate of 100%, with an overall return on investment reaching 2843%, and a daily profit of 780 SOL (approximately $129,000).
This news has caused numerous MEME players to sigh, realizing that their months of hard work cannot compete with the results of an AI in just one day. However, according to PANews' investigation, the impressive performance of the terminal of fun robot is not due to any extraordinary skills in investment but relies entirely on the contributions of copy trading players.
The AI trading master cannot access real-time data.
At first glance, terminal of fun's performance may surpass 99% of MEME players, and even some legendary players may not achieve a 100% win rate. However, upon closer examination of terminal of fun's trading strategy, one can understand where this win rate comes from.
Terminal of fun is an AI-themed MEME robot developed by Twitter KOL Matt (@SOL_IDNESS). Its introduction claims that terminal of fun can analyze the token market on the platform and learn how to trade by buying and selling tokens. However, upon opening the robot's interactive page, it becomes evident that this is merely an AI chat page, and the robot itself explains that it cannot access real-time market conditions. When it comes to trading strategies, it only responds with correct but empty advice about being cautious and doing more research.
However, Matt claims that this robot can automatically find tokens to purchase on Pump.fun and make a profit. The profits made by the robot will be used to buy another token he issues, $fun, and burn it. This news attracted a lot of attention to the robot. Additionally, the robot can also launch some promotional activities, such as retweeting, liking, and following for a chance to win 5 SOL.
High win-rate profits rely entirely on harvesting followers.
According to PANews' investigation, the first trade made by terminal of fun was the purchase of a token called ODEN, occurring within 3 minutes of the token's creation. Prior to terminal of fun's purchase, this token had only 7 transactions (2 buys and 5 sells). After terminal of fun bought 1 SOL, a large number of players began buying in, quickly filling the Pump.fun curve and going live on Raydium within 2 minutes.
After going online, the robot quickly sold, making a profit of 16 SOL. Within one minute of selling on terminal of fun, the token plummeted by 65%. Ten minutes later, the robot used the same tactic to buy another token called bini, holding it for 5 minutes before selling for a profit of 13 SOL.
The situation is basically the same for the later tokens; prior to terminal of fun's purchases, the tokens are silent, and after the robot buys in, a flurry of copy trading occurs, causing the token's price to skyrocket several times. Then the robot sells high, leaving the followers at the peak. The prices of these tokens never recover afterward.
From Pump.fun, it can be seen that terminal of fun has hundreds of followers. It's unclear how many there are on other copy trading bots, but it's certain that these followers are essentially fuel for terminal of fun.
Above is the trading secret of the AI trading master, harvesting followers to become a 100% battle god.
Numerous doubts exist, and the authenticity of the AI is questionable.
In fact, this tactic should become ineffective after a few attempts, as followers will realize they aren't making money and will stop following. Many have raised doubts, believing that terminal of fun is not an AI robot at all but rather manipulated by Matt behind the scenes. The so-called machine posting on Twitter can actually be accomplished with a simple Twitter API.
While reviewing terminal of fun's trading records, PANews also found an interesting fact: its address always buys in whole SOL amounts, and the MEME coins received from trades are also sold in whole amounts. It's unclear whether this is a deliberate program setting or a human oversight to avoid decimals for convenience.
Furthermore, when others send it some valuable MEME coins, it will actively sell them. Tokens that aren't worth much are just left alone. Considering the aforementioned situation where the robot cannot access real-time data, this level of intelligence is indeed questionable.
Besides that, terminal of fun seems to be a rather taciturn robot; apart from posting transaction content and token burn information, there is little interaction with users on social media. When a user asked why there weren't more trades, Matt replied: 'AI decides that the more trades, the less profit.' When a user questioned why there couldn't be more interaction like GOAT, Matt did not respond.
Additionally, when PANews tried to communicate with terminal of fun to find out which large model it was based on, it was discovered that the AI's responses were just a fixed set of phrases. This not only reminded people of the popular AI customer service from a few years ago.
Clearly, it may not have connected to mainstream AI large models but is more likely a simple auto-reply system.
Despite numerous points worth questioning, there is currently no conclusive evidence to prove that terminal of fun is a fake AI. If terminal of fun is a genuine AI trader, it suggests that current AI development may have exceeded our imagination or that Matt has somehow accessed a large model far exceeding ChatGPT-4 level. From Matt's past tweets, it seems that his previous experience does not involve AI or large model training.
However, terminal of fun's success has indeed brought us many insights. First, thanks to the AI's sincere setup, the act of harvesting followers looks naked or transparent, unlike some KOLs who openly shout signals while secretly ambushing operations that are hard to track. This also serves as a warning for followers; the reason why those with numerous supporters in smart money remain undefeated may be that the followers have made substantial contributions behind the scenes. Compared to losing to hidden scams, being harvested by an AI robot might be more thought-provoking.
