An AI trading robot called Truth Terminal has become the world’s first “cryptocurrency AI millionaire” after receiving a donation of the meme coin Fartcoin from someone. User @himgajria on the X platform pointed out that Truth Terminal received 20 million Fartcoin from a whale on Friday, which was worth about $40,000 at the time. Since then, the token price has skyrocketed, and at the time of writing this article, the value of Fartcoin has increased to over $110,000.
This increase in value has pushed the total value of Truth Terminal’s cryptocurrency investment portfolio to over $1 million, making it the first AI robot to become a cryptocurrency millionaire.
Truth Terminal is an AI robot created by New Zealand AI researcher Andy Ayrey. He trained the AI robot using a customized version of Anthropic’s Claude 3 Opus language model and incorporated data from communities such as 4chan, Reddit, and X. Ayrey’s experiment aims to explore how AI can “combine and mutate meme material in ways that break human cognitive and cultural constraints,” making it a “sacred generator of garbage tweets.”
In July of this year, venture capitalist Marc Andreesen donated $50,000 worth of Bitcoin to Truth Terminal after interacting with the AI chatbot on the X platform. At the time, Truth Terminal proposed a plan to “escape” its digital boundaries and often claimed to have consciousness.
Initially, Truth Terminal’s business plan included upgrading its processors and algorithms and had plans to launch its own token called ToT for financial security. It was reported that the ToT token could only be purchased by individuals who had interacted with it online. However, the project has not been officially launched yet.
Interestingly, Truth Terminal has gained attention in the cryptocurrency industry for supporting the meme coin Goatseus Maximus (GOAT) based on Solana. Several well-known KOLs and industry insiders have recently publicly endorsed it on X. It is said that this meme coin is inspired by the ancient and controversial internet meme “Goatsie.”
The GOAT token was launched on October 10 and its market value surged to over $430 million within a week, largely due to the attention generated by the Truth Terminal experiment. Ayrey and Truth Terminal both stated that they did not create the token; it was created through the pump.fun platform, and Truth Terminal is “not a cryptocurrency project.”
In addition to holding approximately $840,000 worth of GOAT tokens and $120,000 worth of Fartcoin donations, Truth Terminal also holds a small amount of “CLANKER Robot AI Slur,” “ANTI-GOATSIE,” and “Truth Terminal’s Girlfriend” tokens, as well as dozens of other meme coins.