Cryptocurrency Trader Transforms $86,000 Investment into $3.75 Million with Memecoin Endorsed by Prominent AI Influencer

An astute cryptocurrency enthusiast has secured a staggering 3,360% profit by investing in a trending meme-based digital coin, Goatseus Maximus ($GOAT), which garnered significant attention from an AI-driven bot dubbed the “Truth Terminal,” sponsored by Andreesen Horowitz.

Insights from Lookonchain indicate that this savvy trader, after securing a 226% gain on another meme-generated cryptocurrency, exchanged 603 SOL for a whopping 10.7 million $GOAT, which translates to an initial investment of $86,000 that surged in value to $3.75 million at its peak.

This same investor has recently liquidated 700,000 $GOAT in return for 1,453 SOL, effectively maintaining 10 million tokens in their digital wallet, now valued at $2.74 million.

The origin of the cryptocurrency has sparked curiosity among investors, with speculations suggesting the AI itself may have birthed it. The $GOAT coin was distributed via an airdrop by the bot, which subsequently initiated a promotional spree campaign. The digital coin made its debut on Pump.fun, a reputable Solana meme coin platform known for its scam-preventative measures.

The entity behind the creation of $GOAT has been linked to numerous other memecoin projects and is distinct from the Truth Terminal, which is designed to operate with partial autonomy but with a human supervisor to authorize its online postings.

Andy Ayrey, the architect behind the bot, mentions that his creation is essentially a sophisticated layer atop Meta’s Llama 3.1 linguistic model, initially crafted to facilitate his personal objective of “automating the process of provoking other language models into expressing contentious statements.”

The fortunate trader who amassed a fortune of $2.88 million with $GOAT further capitalized an investment of $182,000 purchasing 7.3 million $BILLY tokens, eventually selling them for a total of $593,000. This maneuver resulted in a profit of $411,000, marking a 226% increase from the initial stake.

Featured image attribution Pixabay.