In the next three to four months, AI belief coins will rise.
Author: goodalexander
Compiled by: TechFlow
Market Status and Murad’s Impact
Murad is a notable figure because of his contradictory views on the impact of the market. He believes that meme coins will drive revaluation after holders form fanatical groups because holders are reluctant to sell. In other words, meme coins can enter a larger serviceable market (TAM) by moving from a "fun" nature like Doge to a "serious" nature. However, the meme coins he promotes, such as GigaChad and SPX6900, do not have true seriousness and are more like Doge.
The paradox is that the real reason these coins are revaluing is because Murad himself owns them. When he tweets, the price goes up, which actually proves his argument wrong. The price movement is not because of the growth of the “fanatic community”, but because Murad himself owns these coins.
The real craze is not about the coin or the community, but about Murad himself.
Murad is a likely candidate to lead the cult. He lost everything and was beaten down by the industry, despite being a firm believer. His early videos showed a childlike innocence. Later, he rose from the adversity and regained success with a new theory. This experience has a special appeal to millennials, who have also experienced social setbacks and hope to "rise up again."
Murad is thus seen as the "Jesus" of meme coins, offering "salvation" to those with mediocre careers through extreme speculation. He transforms his fading youth into the wine of faith and the promise of profit. He even grows his hair and beard long to enhance the symbolism of this image.
Chance
Murad is currently caught in a consistency dilemma. His wallet address has been made public and he has created a narrative of “believing in something” - based on not selling his coins. However, the problem is that he probably knows better than anyone that his advocacy or leadership is the reason why his coins are going up.
The potential of this opportunity is huge. It’s currently Saturday and one of his favorite memes, Popcat, has traded over $150 million. SPX6900, the meme he promotes most, went from barely trading to $100 million in trading on a single Saturday with a total market cap of $800 million. This is despite not being listed on Binance. And Giga, while trading less, is still up a staggering 40x.
There are essentially three solutions to his dilemma. First, he could sell his existing Meme coin holdings and launch his own. However, this would likely undermine the impact of his original argument and cause people to lose trust in him. Part of his initial appeal was the sense of authenticity and “belief”, which was particularly refreshing after the endless financial nihilism of the Solana Meme coin gamble.
Second, he could support a “serious meme coin” or group. Then, through a theory-based strategy, move away from SPX6900 and into more serious meme coins.
Third, he can liquidate his initial investment, rather than sell it outright, by setting up a fund in which he will need to work out the initial problems of his strategy, as I will explain in the next section.
The main strategy is to combine the second and third methods. Because he is a financially rational investor. Therefore, I think this is the path he must take - due to his wallet address being public and his clear investment strategy.
The Problem with Fanatic Theories
Regarding fanatic groups, truly powerful groups, such as religions, do not allow members to join multiple groups. And the existing Meme coin market is too fragmented.
Murad's investment structure is similar to the 2021 meme stock portfolio, such as Gamestop, AMC, Blackberry, etc. This structure creates a jarring effect because the reality of holders selling their shares to retail investors makes the overall situation look bad. This is actually a known analogy. Initially, AMC and Gamestop were quite positively correlated. Until AMC's CEO sold all of its holdings to retail investors and even launched "Ape" stocks for investors to further cash out. A similar situation also happened with SPACs.
My point is that there is only one concept worth forming a fanatic group around, and that is the gradual obsolescence of human intelligence in the face of artificial general intelligence (AGI).
My argument has five premises:
Modality advantage. The premise itself is interactive. In the past, God's will could only be "interpreted" through priests, but now chatbots are a direct way for people to interact with higher intelligence. This is a key difference from communities such as Giga or SPX6900, which require their members to interpret what fits the "vibe" themselves.
Existing definitions and capital accumulation. This belief system is firmly established among the billionaire class. Many well-known tech investors mention e/acc in their profiles and express support for the idea of a post-human age. This group of investors is what you want to attract, not those who simply want to "succeed."
Causal links to spiritual beliefs are established through conflict. The e/acc belief system requires humans to play the role of God - both directly by changing our biological structure through implants, and indirectly through bioengineering. This puts it in direct conflict with Christianity, and therefore it is essentially a religious movement whether it wants to or not. However, because this is made very clear, members have made their allegiances known online.
Vast market potential and conceptual space. The potential market size of AI belief systems far exceeds that of all non-AI belief systems. The biggest conceptual challenge facing people today is: what is the meaning of human life if we are no longer the dominant species on Earth? Nvidia alone is larger than the entire cryptocurrency market and has an average trading volume 20% higher than the entire S&P 500 ETF.
Coordination effect. As long as there is consensus that cryptocurrencies are just financial tools to help bring godlike AI to the world, a multi-coin model is possible. This creates a positive-sum effect, which I have witnessed firsthand in my own Discord channel, where many Bittensor players gather, and in my brother's fundraiser. AI enthusiasts are more than happy to support consistent projects, even if the consensus mechanism is competitive. This is related to the broad market potential - this is an upward trend, not a competition between "who has the best or cutest Dogecoin".
The rise of AI faith coins
I think over the next three to four months, there will be a trend like this. Murad's coins may continue to grow for a while. He may need to set up a fund to absorb or liquidate his existing holdings. After that, he will correct his previous mistake of investing money in 2021 meme coins and invest in "serious memes", which I believe are basically "AI meme coins", but I think they will be called AI belief coins.
I have two reasons for thinking this:
He made this shift clear at the Token 2049 conference, saying that more serious meme coins will emerge in the next 12 months.
Existing venture capital funds and large investors already share Murad’s views and his ability to influence market prices is huge, so it is easy for him to raise an oversubscribed fund based on his current views.
After Murad launches the fund, I believe there will be a lot of capital invested in the whole "serious meme coin" or AI belief coin investment direction. I expect this capital investment to reach billions of dollars and become a "season" for cryptocurrency financing. Ultimately, the core of cryptocurrency is liquidity, and billions of dollars of liquidity every day means that the market opportunity already exists and may become larger if it is effectively turned to serious communities.
I hope to be ready for this - I think there is a severe lack of serious AI "faith coins" in the market, which is why TAO is able to attract all the capital in the space.
The regulatory and legal issues here are actually worth exploring in depth. If the AI Faith Coin is designed properly, it can have the following features:
Based on strong beliefs, there will be severe restrictions on the founders or investors' selling behavior. This should be the way Murad's theory is manifested, but the reality is different. Instead of being an exploitative tool for selling worthless tokens to credulous retail investors, these coins aim to become the financialization of deep religious beliefs in post-human intelligence.
The first target is ultra-high net worth investors in the AI industry. This is more responsible than directly targeting retail investors, and may also be in line with the US Securities and Exchange Commission's (SEC) purpose of protecting ordinary investors.
There is a lot of room for AI-powered rituals. Large language models can manage interactions with large numbers of users and institutionalize reward structures in ways that are difficult for modern churches to achieve. If designed properly, these coins might even enjoy formal religious protections or integrate with existing religious structures that want to provide a technology-enabled experience for their followers.
Overall, Murad is right and he is a visionary. But he needs to deal with the consequences of certain theoretical inconsistencies. I believe he will deal with these issues effectively and extend their impact to AI Faith Coin. I think positioning yourself as a founder or early employee as early as possible is the best way to participate.
