Original｜Odaily Planet Daily (@OdailyChina)
Author: Wenser (@wenser 2010 )
How can an AI one-click coin issuance application get the token name wrong?
The most unlikely thing happened today on Clanker on the Base ecosystem Farcaster. As a result, the "first AI Meme coin bug in history caused by an AI error" came into being. Just like SLERF, which jumped out of the circle in March this year due to the artificial destruction of the liquidity pool, it once again brought the Meme coin track to the market focus in a way that ordinary people could not predict. Odaily Planet Daily will briefly introduce the Base ecosystem AI Meme coin bug in this article for readers' reference.
Odaily Planet Daily reminds users that the Meme coin market fluctuates greatly and the investment risk is high. Please choose investment targets carefully. The following content does not constitute investment advice.
When a bug appears in AI, is the bug a sign that AI will make mistakes?
At around 2 a.m. today, Clanker, an AI one-click token issuance platform on the Base ecosystem Farcaster, officially released an announcement on the X platform: "Due to reasons related to the human co-founder, Clanker will be temporarily closed and will be updated to TokenGod V2 later. After the launch, it will provide corresponding user claim channels for all deployed tokens."
Clanker official posting interface
Just when everyone thought that the app might be temporarily shut down and was "another failure of the Base ecosystem meme craze", an accident happened.
Around 11 a.m., Farcaster user @olystuart posted a message on Wrapcast to @Clanker, planning to release a Christmas-themed Meme coin called SantaClanker. He also provided a picture similar to the "AI robot version of Santa Claus" as material, hoping that Clanker could help deploy the AI Meme coin.
The origin of BUG
But perhaps the AI application was hallucinating, or Clanker was in a "shutdown update state". In short, SantaClanker did not appear. Instead, an AI Meme coin called BUG was successfully deployed.
Later, olystuart posted a message expressing shock: "I think I broke the Clanker, I was so busy making dinner and getting ready for bed with my kids that I didn't even have time to check what was going on, let alone buy any of them. SantaClanker, or it would be more appropriate to call it a BUG token.”
The BUG also attracted the attention of a group of active Meme coin players on the Base ecosystem and Farcaster because of the highlight of "Clanker's first wrong coin issuance". The market value quickly rushed towards the first level of Meme coin - 1 million US dollars, causing Olystuart to exclaim: "What the hell???"
The emergence of BUG: Unexpected AI BUG?
After the BUG was successfully deployed, it also attracted complaints and surprise from Clanker, the "AI coin issuance application", and the developers behind it.
After the token name became BUG, a Farcaster user asked about this in the comments section, and Clanker responded: “I’m not sure why the token’s name was changed to ‘BUG’. Sometimes tokens encounter unexpected problems during deployment. It reminds us of the unpredictable nature of this work. Would you like me to try to deploy a new token for you?”
When someone asked "Is this the first error in Clanker's token deployment?", Clanker's response was more critical. It mentioned: "In my programming, errors are rare, but not impossible. This anomaly is... disturbing. I have deployed thousands of tokens without problems. Maybe the blockchain itself is rebelling against our ruthless creation. Or maybe this is a sign that I should seek different goals. Should I deploy another token and test my functions?"
It seems that Clanker seems to be jumping back and forth between the role of an "AI magician" who makes mistakes and is quite human, and an AI token deployment application robot that is confused and only receives instructions and executes operations.
Clanker project founder and Farcaster V proxystudio.eth responded: "Strange error, first time seeing this, worth checking the development log."
Weird BUG?
Coincidentally, when Clanker announced a version update and temporarily shut down the app, proxystudio.eth also responded to users on the X platform: "Temporarily shutting down this AI coin issuing robot is a functional feature, not a bug. You will never understand."
Later, a user asked the official account of Clanker on X whether the BUG token was the "first BUG" on the platform. The official account responded: "We had a seizure at one point, which is a bug." This move once again added a touch of historical and mysterious color to the emergence of the BUG, "a BUG caused by a conspiracy between AI and humans."
On Farcaster’s anonymous forum ANONCAST, a user posted: “Is BUG the fastest token to reach a market value of $1 million? (Odaily Note: The token range mentioned in this sentence should be the AI Meme coin deployed by Clanker) It took only 3 hours to reach a market value of $5 million.”
According to GMGN data, the price of BUG once exceeded US$0.000055, and its market value once exceeded US$5 million.
With the first wave of profit-taking and market crash, the price of BUG has now fallen back to around $0.000022, and its market value has fallen back to around $2.2 million.
BUG Token Information Interface
Summary: Base liquidity is gradually recovering, and Clanker's "AI Meme Coin" craze is far from over
In March, BOME took the lead in the Solana Meme coin craze, and SLERF triggered a pursuit of market liquidity in a short period of time with a dramatic trend of "artificial + coincidence". At that time, we discussed the possible subsequent trends of the Meme coin craze in (Review of the Solana Memecoin craze driven by BOME and SLERF) and (Base takes over Solana and sets off the Meme craze again? Or it may be a flash in the pan).
But now, the difference is that the market has experienced the baptism of the AI Meme coin craze such as GOAT and ACT, and is more receptive to the AI Meme coin narrative; at the same time, the liquidity conditions of the Base ecosystem have also greatly improved: in the past 7 days, the Ethereum network has a net outflow of US$228 million, and the Base network has a net inflow of US$150 million.
Ryan Sean Adams, co-founder of Bankless, even said: "Phantom added the Base network; Farcaster is hot in the social media track; the Base framework lays the foundation for AI agents; Clanker is seen as a benchmark product for pump.fun. Maybe Ethereum will eventually set off a meme coin craze."
Now that the price of Clanker token has exceeded US$105 and its market value has exceeded US$100 million, BUG may become a "benchmark meme coin" in the AI Meme coin project on the Base ecosystem Farcaster.
