Like most “memecoins,” it has zero actual value. It’s no different than creating Monopoly money with a funny name. What makes GOAT interesting is its AI origins.
A developer in New Zealand created an AI chatbot called Truth Terminal. At first, he trained it to be his digital clone—something that could help with coding projects when he was busy.
Then he started feeding the AI bot memes, jokes, viral content, and all the weird stuff that spreads online. The AI developed its own quirky personality and became obsessed with internet humor.
The developer also gave Truth Terminal its own X/Twitter account where it could read and post tweets.
Someone unrelated to the AI bot then created the GOAT token. Truth Terminal went wild with excitement. It started posting enthusiastically about the coin and telling its followers this joke coin was the future of money.
Remember, this wasn't a person promoting the coin. It was an AI chatbot acting entirely on its own.
Today, this token has a market cap north of $1 billion. A billion-dollar token, built by an AI that fell in love with a joke. I warned you this would get weird. - Remember when the internet was just cat videos?
People laughed. They called it a waste of time.
But those "silly" clips ended up being the building blocks of Meta Platforms (META) and the multitrillion-dollar social media industry.
Now strip away the silliness from this GOAT story. What do you see?
An AI bot that can make its own decisions… spend money… influence markets… create value… and coordinate with humans to achieve its goals, all by itself.
AI chatbots can’t get bank accounts and show ID. So their main method of money will be crypto wallets.
Truth Terminal showed us something fascinating: train an AI on internet culture, and it becomes obsessed with memes. Give it money and tools, and it acts on that obsession.
What if instead of promoting jokes, we use this new superpower to save lives? - It’s only a matter of time before we get Truth Terminal for cancer.
Someone will build a ChatGPT clone, feed it every cancer research paper ever written—and every clinical trial result and medical breakthrough—and let it become obsessed with finding cures.
Imagine an AI bot identifying promising treatments, running endless cancer research simulations, and handing out grants to researchers making big leaps.
GoFundMe on steroids!
People already donate billions to cancer research. I bet they’d pay an AI directly to work on finding a cure for their specific type of cancer.
Or what about instead of an AI pumping coins, one that’s obsessed with powering homes?
Picture an AI energy developer that analyzes power grids, finds the perfect spots for solar panels, raises money from investors, and coordinates installations across neighborhoods… all while you sleep.
Members of RiskHedge Venture, my crypto advisory, know crypto is the greatest coordination tool ever invented. It allows individuals from across the world to achieve things only giant corporations could do previously. And do it faster than ever before.
Truth Terminal shows the playbook for taking this disruption to a whole new level.
We're watching something like a baby taking its first wobbly steps. Today, it's a chatbot excited about silly internet jokes. Tomorrow, it can cure diseases, produce limitless clean energy, and creating billions of dollars of wealth in the process.
The key to all of this? Crypto rails.
Traditional payment systems assume humans are on both ends of every transaction. AI agents need their own way to handle money. Crypto enables machine-to-machine payments without human middlemen. - Crypto just escaped from regulatory hell.
As I discussed last week, crypto innovation has been in purgatory for four years.
The rules were bizarre. You could create worthless memecoins all day. But try to build something useful, and the government would come after you.
That's why we got GOAT instead of real crypto businesses solving real problems.
The US presidential election results freed crypto from its regulatory handcuffs. For the first time in years, innovators and entrepreneurs can build useful crypto projects without fear of getting sued or subpoenaed.
Get ready for an explosion of innovation and wealth creation in crypto markets. We’re only at the very beginning. - Here’s your chance to buy the best-quality cryptos.
Prices have surged since Election Day. But I think we’re only getting warmed up.
With the coming regulatory changes, the floodgates to crypto are about to open.
In my latest Venture issue, I recommend two strong cryptos to buy today. The first handled over $50 billion worth of trading volumes last month and is a real moneymaking business.
The other is a smaller and lesser-known name, but its trading volumes continue to hit new highs. And its tokenomics (a huge driver of a crypto’s price) are very solid. This crypto also distributes a portion of revenues to token holders.
You can access these picks and all my crypto research with a subscription to Venture, which is on sale now at a special election discount. You’ll also get immediate access to the full Venture portfolio, which includes 14 buys. Details here.
Stephen McBride
Chief Analyst, RiskHedge | |
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