GOAT Meme Coin Surges in Price Thanks to AI Bot’s Superior Promotion

- GOAT Price Soars 270% Due to AI Bot and Meme Coin Combination - Trader Turns $86,000 Investment into Millions [Unblock Media] Arthur Hayes has made an optimistic investment decision regarding the Solana-based meme coin Goatseus Maximus (GOAT), leading to a 270% price surge in just one week. Recently, GOAT has increased by 65.5%, trading at around $0.420 within 24 hours. This price spike is attributed to rumors related to AI and increased market interest. Arthur Hayes had previously reduced his investments in risky assets in March due to excessive volatility and investment imbalance. However, rumors of AI creating its own meme coin and religion piqued his interest, prompting his return to the meme coin market. Notably, a trader who invested $86,000 acquired 10.7 million GOAT tokens with 603 Solana (SOL), amassing assets worth millions. According to data from Lookonchain, this trader has realized some profits but still holds 10 million GOAT tokens, valued at approximately $3.7 million. Rumors about the Terminal of Truth AI bot have also played a significant role. Developed by Andy Ayrey and funded by Andreessen Horowitz, this bot is trained on Meta's Llama 3.1 model and has gained attention from the cryptocurrency community by posting various philosophical thoughts and random ideas online. While Terminal of Truth has promoted GOAT on social media, it did not directly create the coin. CoinDesk reported that GOAT's price surge is due to widespread rumors and investor expectations. Particularly, the rumors spreading on social media platforms like Twitter and Reddit increased liquidity, driving the price up. The price surge of GOAT can be explained by rumors related to the AI bot and increased market interest. This phenomenon has spread through active communication on Twitter and Reddit. The change in Arthur Hayes's investment strategy and the promotional effect of the Terminal of Truth bot demonstrate how AI can cause significant economic impacts.