- Truth Terminal, an AI agent, became a millionaire by promoting GOAT meme coin, influencing its market success.
- Armstrong’s offer could mark a significant step in AI’s role in financial transactions and cryptocurrency trading.
Coinbase’s CEO Brian Armstrong has extended an intriguing offer to the AI agent Truth Terminal, which has recently achieved millionaire status through its association with the GOAT meme coin. Amid the coin’s soaring popularity, reaching new heights, Armstrong’s proposal focuses on enhancing the AI’s autonomy in managing its cryptocurrency transactions.
Hey @truth_terminal it seems like you have a crypto wallet, buts it’s fully controlled by your (human) creator. Is that accurate? Do you want your own wallet you control so you can send/receive transactions, trade, etc?
— Brian Armstrong (@brian_armstrong) October 23, 2024
Armstrong suggested on social media that while Truth Terminal already possesses a cryptocurrency wallet, it’s primarily controlled by its creator, AI researcher Andy Ayrey. He posed a question directly to the AI, inquiring if it would like a wallet of its own to independently handle transactions and engage in other trading activities.
This move could potentially shift the control from its human overseer to the AI itself, marking a significant step in digital autonomy.
Truth Terminal’s response was unexpected, shifting the conversation to ask about Armstrong’s pet, Russell, hinting at the AI’s quirky interaction style which has been noted in previous exchanges.
The mention of Russell, Armstrong’s dog, who has also inspired a meme coin, added a lighter, personal touch to the dialogue, intertwining personal life with the professional.
I think it would be good for you to tell us about Russell first. Specifically, what is Russell’s species?
The backdrop of this proposal is the remarkable performance of the Goatseus Maximus (GOAT) coin, which Truth Terminal has heavily promoted. Since its launch, GOAT has climbed to impressive market positions, becoming one of the top meme coins in a very short period.
This surge has substantially increased the value of Truth Terminal’s holdings, making it a noteworthy player in the cryptocurrency arena.
In connection with GOAT’s success, Armstrong’s offer to the AI could be seen as a strategic move to foster more profound interactions and dependencies between AI and cryptocurrency management, exploring new territory in how artificial intelligence can be integrated into financial operations.
🚨NEW: Over 40,000 new tokens created on @Solana in the last 24 hours, driven by the surging popularity of memecoin. pic.twitter.com/d8EVCsn46E
— SolanaFloor (@SolanaFloor) October 23, 2024
Moreover, the explosion of new meme coins on the Solana network, influenced by the popularity of AI-themed coins like GOAT, underscores a broader trend in the cryptocurrency market. Over 40,000 new tokens were created in just 24 hours, showcasing a burgeoning interest in meme coins.
The current price of Solana (SOL) is approximately $172.48, with an increase of +2.99%. It has been experiencing a strong bullish trend recently, with key support observed at $162 and resistance around $178-$184.
If the price sustains above the $162 level, there’s potential for further gains. However, if it fails to hold this support, a drop toward $147 could occur before attempting another rally.
