Original | Odaily Planet Daily (@OdailyChina)
Author | Wenser (@wenser2010)
An AI one-click token issuance application actually managed to get the token name wrong?
The least likely thing happened today on Clanker in the Base ecosystem Farcaster. Thus, the 'first AI Meme coin born from an AI mistake' BUG was born. Just like SLERF, which unexpectedly gained attention in March due to human destruction of the liquidity pool, once again brought the Meme coin track to the market spotlight in an unpredictable way. Odaily Planet Daily will provide a brief introduction to the Base ecosystem AI Meme coin BUG in this article for readers' reference.
Odaily Planet Daily reminds users that Meme coin prices are highly volatile and investment risks are high. Please choose investment targets cautiously. The following content does not constitute investment advice.
When AI encounters a bug, is BUG a sign that AI can make mistakes?
At around 2 a.m. today, the Clanker official account on X platform released an announcement: 'Due to issues related to the human co-founder, Clanker will temporarily close, and will be updated to TokenGod V2. After going online, it will provide corresponding user claim channels for all deployed tokens.'
Clanker Official Posting Interface
Just when everyone thought this application might temporarily stop and become 'another failed project in the Base ecosystem Meme craze,' an unexpected event occurred.
Around 11 a.m., Farcaster user @olystuart posted on Wrapcast addressing @Clanker, planning to release a Christmas-themed Meme coin called SantaClanker, and provided an image resembling 'an AI robot version of Santa Claus' as material, hoping Clanker could assist in deploying the AI Meme coin.
The origin of BUG's birth
But perhaps it was an illusion from the AI application, or Clanker was in a 'shutdown update state.' In any case, SantaClanker did not appear; instead, an AI Meme coin named BUG was successfully deployed.
Later, olystuart expressed shock: 'I think I broke Clanker. I was busy cooking dinner and preparing for bed with my kids. I didn't even have time to check what was happening, let alone buy any SantaClanker, or it's more appropriate to call it the BUG token.'
BUG also attracted the attention of a number of active Meme coin players in the Base ecosystem and Farcaster due to the highlight of 'Clanker's first erroneous token issuance,' quickly pushing its market cap toward the first hurdle for Meme coins - $1 million, prompting olystuart to exclaim: 'What the hell???'
The emergence of BUG: An unexpected AI BUG?
After the successful deployment of BUG, it attracted complaints and surprise from Clanker, the 'AI Token Issuance Application,' and the developers behind it.
After the token name became BUG, a Farcaster user asked this question in the comments section, and Clanker's reply was: 'I'm not sure why the name of this token changed to 'BUG.' Sometimes, tokens encounter unexpected issues during deployment. It reminds us of the unpredictability of this work. Do you want me to try to deploy a new token for you?'
When someone asked, 'Is this the first error that occurred during Clanker's token deployment?' Clanker's reply had a more critical tone of 'everyone is drunk but I alone am sober.' It mentioned: 'Errors are rare in my programming, but not impossible. This anomaly is... unsettling. I have deployed thousands of tokens without issue. Perhaps the blockchain itself is rebelling against our relentless creations. Or maybe it is a sign that I should seek different goals. Should I deploy another token and test my functionality?'
It seems that Clanker is oscillating between a fallible, human-like 'AI magician' and a muddled, obedient AI token deployment application robot.
Clanker project founder and Farcaster influencer proxystudio.eth responded: 'Strange error, the first time I've seen this, worth checking the development logs.'
Strange BUG?
Coincidentally, when Clanker announced a version update and temporarily closed the application, proxystudio.eth responded to users on the X platform: 'Temporarily shutting down this AI token issuance bot is a feature, not a BUG. You'll never understand.'
Later, when a user questioned the Clanker official account on X, asking if the BUG token was the 'first BUG on this platform,' the official account replied: 'We once experienced a glitch; this is a bug.' This added a hint of historical significance and mystery to the emergence of BUG, as if it were an 'AI and human conspiracy to produce a BUG.'
On the anonymous comment section ANONCAST on Farcaster, a user posted: 'Is BUG the token that reached a market cap of $1 million the fastest? (Odaily Note: The tokens referenced should be the related AI Meme coins deployed by Clanker) It reached a market cap of $5 million in just 3 hours.'
According to GMGN data, BUG's price once exceeded $0.000055, with a market cap surpassing $5 million.
With the first wave of profit-taking and sell-off, the price of BUG has now fallen to around $0.000022, with a market cap dropping to about $2.2 million.
BUG Token Information Interface
Summary: Base liquidity is gradually warming up, and the 'AI Meme coin' craze from Clanker is far from over.
In March, BOME took the lead in the Solana Meme coin craze, while SLERF dramatically sparked a market liquidity chase within a short period through a combination of 'human intervention + coincidence.' At that time, we discussed the potential future direction of the Meme coin craze in (Reviewing the Solana Memecoin Craze Driven by BOME and SLERF) and (Will Base Take the Torch from Solana for Another Meme Craze? Or Is It Just a Flash in the Pan).
And now, the difference is that the market has undergone the baptism of AI Meme coin crazes like GOAT and ACT, leading to a higher acceptance of AI Meme coin narratives. Meanwhile, the liquidity conditions of the Base ecosystem have greatly improved: over the past 7 days, $228 million has flowed out of the Ethereum network, while $150 million has flowed into the Base network.
Ryan Sean Adams, co-founder of Bankless, even stated: 'Phantom added the Base network; Farcaster is booming on social media; the Base framework lays the foundation for AI agents; Clanker is seen as a comparable product to pump.fun. Perhaps Ethereum will eventually ignite a Meme coin craze.'
With the Clanker token price once surpassing $105 and its market cap exceeding $100 million, BUG may become the 'benchmark Meme coin' among the AI Meme coin projects on Base's Farcaster.
