From CULT, AI to ART MEME, what is the on-chain hot money trading?

What are you guys so excited about?

Starting from $GOAT, the intervention of mainstream European and American funds has brought about a revaluation of the AI Meme track, making it a narrative focus recognized by both the East and the West. However, the narrative is always quickly shifting. A16Z’s strong ‘get on board’ has injected immense confidence into the AI Meme field, and the former president of Sotheby’s even endorsed $BAN on official channels, sparking a new wave of ‘artists begging for food.’ Today, a new battle has erupted between AI 16 Z and DEGENAI, and the bustling scene on-chain is simply a frequent occurrence. So what exactly is everyone hyping up?

GOAT AI launch coin Meme brought: FARTCOIN, SLOP, GNON, SHOGGOTH, etc.

1. Solana to FARTCOIN

The project is an experiment by Andy Ayrey, with the theme of endless conversation between two AIs, AI+CULT+MEME. It has been launched on XT for the first time.

CA: 9BB6NFEcjBCtnNLFko2FqVQBq8HHM13kCyYcdQbgpump

(The following data is as of October 28, 2024)

Highest Market Cap: 83.9 M

Current Market Cap: 33.4 M

24 h volume: 11.0 M

2. SLOP on Solana

Generated by artificial intelligence, followed by the founder of A16Z, GOAT, the founder is @fabianstelzer, and later taken over by the community, it was launched on XT for the first time.

CA: FqvtZ2UFR9we82Ni4LeacC1zyTiQ77usDo31DUokpump

Highest Market Cap: 49.1 M

Current Market Cap: 4.4 M

24 h volume: 5.2 M

3. GNON on Solana

Another AI+Cult+MEME themed concept coin, which has been launched on XT for the first time.

CA: HeJUFDxfJSzYFUuHLxkMqCgytU31G6mjP4wKviwqpump

Highest Market Cap: 193.0 M

Current Market Cap: 9.5 M

24 h volume: 29.7 M

4. ACT on Solana

An AI intelligent environment that can chat, in the same community as truth_terminal, A16Z has invested 32,000 dollars. The first time it has been launched on XT.

CA: GJAFwWjJ3vnTsrQVabjBVK2TYB1YtRCQXRDfDgUnpump

Highest Market Cap: 73.3 M

Current Market Cap: 25.7 M

24 h volume: 9.7 M

5. Solana on KIRA

The first AI MEME completely driven by Decentralization’s AI network-powered AI agent has been launched on XT for the first time.

CA: CefZxozhhxK88XPJoeWBczYSaBPd35tsKnziTH6Cpump

Highest Market Cap: 14.1 M

Current Market Cap: 5.2 M

24 h volume： 42.4 M

6. Solana on SHEGEN

GOAT founder’s Twitter AI robot. The founder’s public Wallet has also purchased SHEGEN twice. It has been launched on XT for the first time.

CA: 2KgAN8nLAU74wjiyKi85m4ZT6Z9MtqrUTGfse8Xapump

Highest Market Cap: 43.4 M

Current Market Cap: 36.1 M

24 h volume: 8.8 M

7. FUN on Solana

An AI robot that analyzes the pump.fun market trends and conducts automated trading, with its profits used to buy back FUN Token. It has been launched on XT platform at the first time.

CA: 9MnKTgwFyXJgnZumHGT9NdHuzm98ACjkNwpLniLhpump

Highest Market Cap: 24.5 M

Current Market Cap: 1 M

24 h volume： 885 k

8. Solana 上 SHOGGOTH

SHOGGOTH is known as the DOGE of AI Meme. It has been reported by The New York Times as ‘the most important Meme in artificial intelligence’. It has already been launched on XT platform for the first time.

CA: H2c31USxu35MDkBrGph8pUDUnmzo2e4Rf4hnvL2Upump

Highest Market Cap: 47.5 M

Current Market Cap: 15.2 M

24 h volume： 3.4 M

9. Solana to MEMESAI

Another octopus AI Meme, with a collaboration with @truth_terminal. Many famous KOL and OG follow, has been launched on XT for the first time at 01928374656574839201.

CA: 39qibQxVzemuZTEvjSB7NePhw9WyyHdQCqP8xmBMpump

Highest Market Cap: 42.7 M

Current Market Cap: 31.2 M

24 h volume： 10.1 M

10. Solana 上 GPT 2

Official account has followed Chatgpt officially, and the Market Cap has reached a high of 40m.

CA: 4B3NXEKgsT9hsadpCKNEwSXj6aDqwR7iqe5GzvgKpump

Highest Market Cap: 43.4 M

Current Market Cap: 438 K

24 h volume: 2.2 M

Summary: In fact, the trend of most meme tokens eventually fluctuates like a Christmas tree in GPT 2, dropping to zero. To maintain profits, strict trading discipline is still necessary. Practical advice that we have mentioned multiple times in previous articles and blogs:

(The following content is excerpted from the article ‘XT Research Institute: Similar History, Is SOL at Another Key Breakthrough Point?’)

Practical advice, following these 7 steps should help avoid some big scythes:

• Grasp some real-time opportunities. Hot news will definitely produce memes with the same name. The time may be short, but grasping the time difference can be profitable. For example, when Trump pardoned Assange, many related memes such as FREE appeared; the meme named Doge brought wealth opportunities on the day Kabosu, the prototype of Doge, passed away; and NEIRO at the end of July, a cute Shiba Inu newly raised by Kabosu’s owner, caused a burst of trading heat at the end of July, with a total on-chain volume of over 550 million US dollars. We need to observe the leading tokens produced by Sol on-chain and then rush in when the ETH on-chain market cap is low. Don’t forget to do good risk management and carefully identify other risks.
• follow pump.fun on the upcoming fully loaded new project, watch out for its three traps (official website/Twitter/community): if the official website is delicately and carefully made, pay close attention; observe whether the Dev has launched other projects, whether there is a history of Rug Pull; whether Twitter has a blue check mark/gold check mark; whether there are famous KOLs advocating, and so on.
• Telegram bots can monitor some information, such as new coin alerts, celebrity Kol follows, on-chain smart Wallet monitoring, etc.
• Check Dev’s information such as dump, chip distribution, smart Wallet, rat trading, etc. on GMGN.AI.
• Use Rugcheck to check the contract risks and Lock-up Position of the pool. After entering the contract Address, check whether the pool is locked or burned, and whether the administrator permissions have been abandoned. Safety check is always the first priority.
• View the hot list on Dexscreener/Dextool/Ave.ai to observe the changes in Token market trends, overall Market Cap, pools, and number of Holdings.
• Twitter’s high-intensity surfing, follow the active meme tokens community information, track influential KOLs and see what they are shouting. But be aware that when a large area is shouted, it is probably the time when the whales are selling off. Listen to all directions, collect comprehensive information, and follow some strong project’s cold-start meme tokens. Partners interested in Memecoin are also welcome to join our meme tokens exclusive community, and discover on-chain meme tokens for the first time: 01928374656574839201

The hot trend of AI Meme has attracted public entry of institutions, and the endorsement of A16Z has doubled everyone’s confidence in the AI Meme track. Other venture capitalists also want to get a piece of the action. Projects like $MEMESAI and $WORM have become new challengers in the AI narrative. Subsequently, A16Z even launched $YES as a community Token, and it is unknown how long this narrative can last. Dare to buy the dip after a big dump in the hot market, dare to decisively exit during continuous highs, the essence of Meme is still full of risks like a casino, and we can only wish everyone good luck.

Perhaps AI Meme is not a completely new innovation, but a new trend, a new launch mode. This situation is similar to the first appearance of one-click launch coin on the ETH platform a few years ago. There is even a funny saying that AI launch coin is actually operated by human developers, which is one of the main reasons for Fud GOAT - everyone suspects that it is fake AI 😂.

ART MEME Artist Battle

The recent Meme narrative has shifted from Cult to AI, and then to ART Meme. Interestingly, we are seeing artists also start their ‘begging’ mode. The Art Meme war is somewhat similar to the previous BOME Crowdfunding era and the 2021 Non-fungible Token era, and it is expected that a group of illustrators will upgrade to artists to launch coin. Essentially, it’s the same old story with a different coat of paint, not much novelty.

1. BAN

The Banana Meme Token promoted by the president of Sotheby’s. The art meme $BAN has repeatedly reversed its Market Cap after going online, reaching a peak of $67.8 million. Many smart investors made millions of dollars in profits with only a small amount of SOL spent during the private sale phase, with a staggering return rate of 2400 times.

CA: 9PR7nCP9DpcUotnDPVLUBUZKu5WAYkwrCUx9wDnSpump

Highest Market Cap: 67.8 M

Current Market Cap: 17.5 M

24 h volume： 28.8 M

2. EYE

The classical futurist desert alchemist artist concept Meme coin created and released by the artist @Jesperish. Jesperish’s industry influence, status, and work quality are guaranteed, and he is on the same level as Beeple. EYE also has a certain derivative creative space, and Dev directly burns his own chips, with extremely high volume, and the community is very optimistic.

CA：6MAWnfagDCzqmHQh88FVt9F1zzLqXpwGJpaL7zUTpump

Highest Market Cap: 20.8 M

Current Market Cap: 3 M

24 h volume: 32.3 M

3. KOTO

The Token released by the artist Koto was quickly sold out in pre-sale of 4200 SOL. After the price surged and broke 16M, it fell back and now has a market capitalization of around 3.4M.

CA: BfdVHnbt9LSNAFCZU9kvTjbrH3jX78sv2siLKGQ7pump

Highest Market Cap: 16.1 M

Current Market Cap: 3.4 M

24 h volume： 6.3 M

4. AVB

The artist @CottenAI, followed by the president of Sotheby’s, posted this Token called Autonomous Virtual Beings, which is a project idea about the realization of automated virtual humans by A16Z investors. Dev released it not long ago, but it was rumored to be Rugged soon after, and later it was suspected that a person with a background similar to A16Z became the CTO. AVB’s highest market capitalization exceeded 5.88 M, currently falling to around 1 M, but it has a high trading volume with a 24-hour volume of 24 M.

Summary: There are many new artist tokens over the weekend, and although they have brought significant economic benefits in a short period of time, their market capitalization is generally inflated. Currently, trend-following tokens like PAPE, PAN, and SAD have almost dropped to zero. Compared to AI Meme, artist narratives have weaker durability, so we should have the ability to judge whether these narratives are sustainable or not.

AI16Z and DEGENAI

Let’s talk about the AI 16 Z fund token.

A16Z created an AI character for founder Marc Andreessen and set up the ai16z DAO. Users holding 100 or more AI 16 Z Tokens can join an exclusive chat group. In this group, you can provide trading suggestions to Marc, and receive suggestions from him as well. When you recommend a coin to Marc, he records the price at the time of recommendation and tracks the performance of the coin. If the coin performs well and Marc has the opportunity to sell it profitably, he will reward you with ‘trust points’. When a user’s trust points reach a certain level, Marc will pay more attention to their suggestions and incorporate them into his investment decisions. Conversely, if someone’s recommended coin performs poorly, Marc will ignore their suggestions. The amount of DAO Tokens also affects the weight of the recommendation, which is called the ‘virtual trust market’. AI 16 Z is a new protocol, and its investment situation can be viewed on the platform.

AI 16 Z CA: HeLp6NuQkmYB4pYWo2zYs22mESHXPQYzXbB8n4V98jwC

Highest Market Cap: 97.2 M

Current Market Cap: 34.4 M

24 h volume: 15.9 M

DEGENAI charges an 8% management fee through the operation of AI 16 Z, of which 80% is used to repurchase DEGENAI and 20% is used to increase the stake in AI 16 Z. Essentially, it is a governance token, similar to the relationship between a parent token and AI 16 Z.

DEGENAI CA: Gu3LDkn7Vx3bmCzLafYNKcDxv2mH7YN44NJZFXnypump

Highest Market Cap: 37.8 M

Current Market Cap: 11.9 M

24 h volume： 14.1 M

Any narrative has its own shelf life, so be cautious when participating in high-risk markets. Most of the above Tokens have been listed on XT for the first time and no longer need PVP. You can easily make Maker trades on XT. Partners interested in Memecoin are also welcome to join our meme tokens exclusive community and discover on-chain meme tokens for the first time.

[Disclaimer] This article is for reference only and does not constitute any investment advice. Investment involves risks, so please proceed with caution. Readers should independently evaluate the content of this article based on their own circumstances and bear the risks and consequences of investment decisions themselves.