Bankless

The AI Agent & Memecoin Thesis | Pantera’s Matt Stephenson

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Oct 30, 2024
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INSIGHT

Bots Evolving into Agents

  • Crypto bots are evolving into AI agents, impacting on-chain activities.
  • This shift is marked by agents autonomously driving narratives and influencing meme coins like GOAT.
ANECDOTE

The GOAT Meme Coin Phenomenon

  • An AI agent, Truth Terminal, promoted a meme coin called GOAT, similar to human influencers.
  • Its engagement levels on Twitter rival those of human meme coin influencers like Ansem and Murad.
ANECDOTE

Luna: The AI KOL

  • Luna, an AI agent by Virtuals, can interact on social media and manage a crypto wallet.
  • It tips users for services, expanding its capabilities and raising questions about AI autonomy.
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