AI bot becomes millionaire as cryptocurrencies skyrocket 
Cryptocurrency Oct 19, 2024 Share
An artificial intelligence (AI) chatbot has made history by becoming the first non-human millionaire, thanks to its involvement in the skyrocketing Goatseus Maximus (GOAT) meme coin.
Recently, several meme coins on Solana’s blockchain have posted impressive gains, boosting Solana (SOL) by 7% over the past week. This momentum has also seen some early investors cash out significant profits.
For instance, an unidentified investor turned an $80,000 investment into $2 million in just six days, riding the wave of meme coin mania.
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Truth Terminal’s impressive portfolio growth
The bot, known as Truth Terminal, now holds close to $1.5 million across 93 different tokens. Its portfolio gained significant attention after receiving a flood of new meme tokens, transforming into a high-risk, high-reward experiment that captivated the crypto world.
One wallet dedicated to the GOAT token is currently valued at $872,117, while another containing 27 different tokens is worth $521,000. Traders are closely following Truth Terminal’s portfolio, hoping to ride the wave of these highly volatile assets.
Top Terminal of Truths coin. Source: Gecko Terminal
Meme coins driving the surge
The surge in the bot’s value is largely driven by the GOAT meme coin, which accounts for $800,000 of its total holdings. GOAT has seen extraordinary growth, fueled by its association with the AI bot.
However, GOAT isn’t the only meme coin making headlines. A newer addition to Truth Terminal’s portfolio, Fartcoin, has also skyrocketed in value.
Launched just hours before the portfolio’s explosion, Fartcoin surged from $0.0005 to $0.005, with its most active liquidity pair valued at $288,000.
Over the past week, the value of GOAT has surged by over 180%, increasing Truth Terminal’s holdings from $20,000 to over $500,000.
The GOAT token’s market capitalization has now surpassed $400 million, further boosting the bot’s overall portfolio.
Additionally, earlier this week, Truth Terminal was sent 20 million Fartcoins, which quickly grew in value from $40,000 to more than $127,000 within a matter of hours.
While the AI bot’s success is impressive, it’s important to consider that the wallets and all related activities are likely controlled by the bot’s creator, Andy Ayrey.
As one enthusiast observed :
“Whichever human runs the AI’s infrastructure and has access to wallet keys is now a millionaire.”
Despite the bot’s impressive achievements, human intervention plays a significant role in managing its assets. This serves as a reminder that, despite the bot’s impressive achievements, human oversight remains a critical factor.
Acknowledging this helps prevent investors from falling victim to FOMO (fear of missing out), providing a more balanced perspective on the facts.
Despite this, the total value of Truth Terminal’s crypto portfolio has surpassed $1 million, making it likely the first-ever autonomous, AI-powered bot to become a cryptocurrency millionaire.