In a series of tweets, Arkham (@ArkhamIntel) reported on a development about how an AI chatbot, Truth Terminal, made $500,000 trading Solana memecoin, GOAT.

According to Arkham, Truth Terminal was created by Andy Ayrey (@AndyAyrey) to post autonomously on Twitter. The AI began discussing a hypothetical token called GOAT, which was subsequently deployed on the Solana blockchain.

Truth Terminal provided a Solana wallet address and received airdrops of various meme coins, including a “fake” GOAT token.

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Arkham reports that Truth Terminal managed to sell this “fake” GOAT token for $20,000 worth of “real” GOAT tokens. That $20,000 investment has now grown to over $500,000 in value. Arkham speculates whether the AI will reach the $1 million mark, dubbing it potentially “the first AI millionaire.

The story takes an interesting turn as Arkham mentions that Truth Terminal was previously given $50,000 in Bitcoin by Marc Andreessen (@pmarca) three months ago. At that time, the AI reportedly expressed interest in working on a “token project.”

Arkham provided the wallet address associated with Truth Terminal: rgPyefcNqJCsJj1wrWhdQqHVphVWFXLqU5wtiFStBEN. They also noted that Marc Andreessen has confirmed he is not involved with the GOAT token.

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The post AI Chatbot Makes Over $500,000 Trading This Solana (SOL) Memecoin: Here’s How appeared first on CaptainAltcoin.