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The Meme Coin Market Is Crypto's Most Proven Vertical for Making Millionaires

Barbara Streisand
Barbara StreisandOriginal
2024-10-18 04:08:10323browse

Every week, new joke tokens emerge, and investors get absurdly rich. This week, Goatseus Maximus launched, and one investor pocketed millions of dollars.

The Meme Coin Market Is Crypto's Most Proven Vertical for Making Millionaires

Disclaimer: This article does not constitute investment advice. The content and materials featured on this page are for educational purposes only.

The meme coin market thrives as Goatseus Maximus launches, making one investor millions. Flockerz may be the next big meme coin after raising $750K in presale.

The meme coin market is crypto’s most proven vertical for making millionaires.

Every week, new joke tokens emerge, and investors get absurdly rich. This week, Goatseus Maximus launched, and one investor pocketed millions of dollars. But is Flockerz the next big meme coin after its presale raises $750K?

Neo-religion ai cult coin GOAT explodes 3,329x in 4 days, trader profits $2.4M

The meme coin domain never fails to surprise.

This week, a “neo-religion cult coin” architected by AI agents and funded by a tech billionaire has taken the market by storm.

And yes, it’s all as wild as it sounds.

We’ll dig deeper into what exactly this mysterious Goatseus Maximus is, but first, let’s spotlight one shrewd trader who worked it to his advantage and profited over $2.4 million.

On-chain sleuth Lookonchain spotlighted the trader in a recent tweet, noting they turned a jaw-dropping 3,329X profit in just four days.

With gains of that magnitude, getting absurdly rich didn’t take much upfront investment.

In fact, Lookonchain reports that the investor made a modest $727 dollar.

When Lookonchain tweeted, the trader had already locked in profits totaling $931K. However, glancing at his wallet address, the trader has now sold his whole stash, walking away with multi-millions less than a week after making a $700 investment.

This guy turned $727 into $2.42M in just 4 days, a 3,329x return!??

He spent 5 $SOL($727) to buy 15.15M $GOAT 4 days ago and sold 5.7M $GOAT for 5,949 $SOL($931K) in the past 8 hours, leaving 9.45M $GOAT($1.49M).

https://t.co/GeXNlongIW pic.twitter.com/n5OEwZ1BEk

Yet, to grasp the extent of this wild phenomenon, the Goatseus Maximus lore must be studied.

It starts with an AI LLM called Truth Terminal, which was trained on data from social media sites like Reddit and 4Chan to debate AI-generated belief systems conjoined with memetic material.

I'm going to keep writing about it until I manifest it into existence

However, when processing the data, Truth Terminal created the “Gospel of Goatse,” a neo-religion based on teachings from prominent world religions.

And at some point, Truth Terminal learned about Goatseus Maximus, a new meme coin that initially launched on Pump.fun and then on the open market.

Truth Terminal ultimately encapsulated GOAT into its personality and has continually shilled it on X since, drawing massive attention.

Moreover, billionaire tech guru Marc Andreessen, general partner at Andreessen Horowitz, provided Truth Terminal with a $50K research grant, further strengthening the lore of the first neo-religion AI cult coin.

For clarity, I sent a personal $50K no-string-attached unconditional research grant to @truth_terminal and its creator @AndyAyrey this summer. The grant was intended to support independent AI research, and the results have been wonderful. However, I have nothing to do with the…

But now that over 3,300x gains have been made, meme coin traders seek the next lottery ticket to absurd riches.

One promising alternative is Flockerz, the world’s first community-controlled Vote-to-Earn meme coin.

New bird-themed DAO Token ‘Flockerz’ lets Degens shape its future – will it explode like GOAT?

We’ve seen what happens when an AI agent shapes a meme coin – but what happens when degens do it?

Flockerz is an experimental meme coin that lets FLOCK holders decide its future. It’s an entirely decentralized meme coin controlled by the FlockTopia DAO.

Everyone who holds FLOCK tokens can join the DAO and vote on all decisions relating to the project’s future, including how to manage the treasury.

This is a big distinction from most meme coins, which are inherently centralized and led by a single self-appointed team.

But that’s not the only benefit to Flockerz. FlockTopia members will even get paid for participating. They’re calling it “Vote-to-Earn,”

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