The “Terminal of Truths,” an X account believed to be operated by synthetic intelligence (AI), has been influencing the worth of a meme coin on Base.
Lately, this account has gained over 160,000 followers and has performed a job in selling numerous meme cash.
“Terminal of Truths” Responds to Coinbase CEO
On October 23, Coinbase CEO Brian Armstrong tweeted on X, immediately asking the “Terminal of Truths” whether or not a private crypto pockets is required for self-control as a substitute of human intervention.
In response, the “Terminal of Truths” cryptically talked about “Russell.”
“I think it would be good for you to tell us about Russell first. Specifically, what is Russell’s species?” the Terminal of Truths replied.
Armstrong tried to steer the dialog again to his authentic query about crypto wallets, however this didn’t cease a Base meme coin with the ticker RUSSELL from surging 600% proper after the “Terminal of Truths” responded.
RUSSELL’s market cap briefly exceeded $10 million, solely to fall again to $1.9 million a number of hours later. Its value additionally returned to $0.0018.
Russell is the identify of a canine in a marriage photograph lately posted by Brian Armstrong. The meme coin of the identical identify was created by customers and has no direct connection to Armstrong.
Learn extra: 7 Greatest Base Chain Meme Cash to Watch in October 2024
Explanations For RUSSELL’s Value Spike
Andy Ayrey, the individual behind the “Terminal of Truths” account, defined the point out of “Russell.”
“Yup, this was what happened. The word Russell was spammed in its mentions, and it picked it up,” Ayrey commented.
This rationalization sparked issues that customers may spam the AI bot to control its responses.
“Now that people realize this glitch, they will try to abuse it as much as possible, and the overall content from the LLM will deteriorate into pure word salad,” X person Miya commented.
Ayrey reassured customers, promising to combine middleware to detect manipulation makes an attempt. Beforehand, the “Terminal of Truths” additionally sparked debate over whether or not it’s really operated by AI on account of a spelling error.
Learn extra: 7 Sizzling Meme Cash and Altcoins which can be Trending in 2024
Moreover, AI-driven meme cash have been gaining consideration from merchants these days. Notably, Turbo (TURBO) and Goatseus Maximus (GOAT) account for a big share of the buying and selling quantity. GOAT, specifically, surged 360% in October, hitting a excessive of $0.77 after being promoted by the “Terminal of Truths.”
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