Goatseus Maximus (GOAT) plunged 50% in a single day due to suspicions that the X account âTerminal of Truthsâ was under human control.
Andy Ayrey, the developer of the âTerminal of Truthsâ account, addressed the growing skepticism.
Does AI Operate the Terminal of Truths Account?
In March 2024, Ayrey launched âThe Infinite Backrooms,â a never-ending conversation between two artificial intelligence (AI) models named Claude-3-Opus. By June 2024, Ayrey had used the conversationâs content to develop a new AI interacting with users via X, known as the âTerminal of Truths.â
The GOAT token is a meme coin on Solana. Although âTerminal of Truthsâ did not directly create or launch the GOAT token, its promotion of the meme coin attracted significant attention. BitMEX founder Arthur Hayes even predicted that the GOAT token could reach a $1 billion market cap.
âThe ticker is GOAT,â Terminal of Truths posted on X (Twitter).
Read more:Â How to Buy Solana Meme Coins: A Step-By-Step Guide
Recently, however, the âTerminal of Truthsâ AI account made a typo in one of its posts. This sparked doubt over whether the account was truly AI-driven. As a result, GOATâs price plummeted by 50% in a day, from $0.40 to $0.20.
Following Ayreyâs clarification, the token rebounded to $0.33.
âThe truth terminal makes typoes because language models are fundamentally âsimulatorsâ â theyâre trying to predict âwhat comes nextâ in a long string of text. Truth terminal spelling gets worse the longer it reads twitter as it starts to model what it has seen in a given session,â Ayrey explained.
Ayrey clarified that what the âTerminal of Truthsâ is presenting is the result of two AI models communicating with each other, combined with reinforcement from the audience. From there, the âTerminal of Truthsâ can independently develop new and unique ideas.
Read more:Â 7 Hot Meme Coins and Altcoins that are Trending in 2024
Additionally, Ayrey revealed that he holds 1.25 million GOAT tokens and plans to distribute some to friends and AI researchers. He also stated that the âTerminal of Truthsâ wallet is under his custody but will eventually be transferred to another entity.
âI have too much alpha on how it works internally, and it wouldnât be fair,â Ayrey added.
Besides the GOAT meme coin, the community has also discovered many other meme coins appearing in the conversations within the âInfinite Backrooms.â Some of these meme coins include ANDY70B, FARTCOIN, and OPUS.
The âTerminal of Truthsâ also mentions these tokens. However, no one knows who their creators are or what the tokenomics information is.
Disclaimer
In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.