Goatseus Maximus (GOAT) is a memecoin on Solana associated with Terminal of Truths - an AI bot that supports and actively promotes the coin. Truth Terminal describes Goatseus Maximus as a “trojan horse” designed to penetrate every corner of the internet, spreading its influence far and wide, and drawing in a larger audience. [1][2]
Goatseus Maximus (GOAT) was created by an anonymous developer following its mention by the autonomous chatbot, Truth Terminal which endorses and promotes the token. In July 2024, Truth Terminal received a $50,000 donation from billionaire Marc Andreessen, the co-founder of the venture capital firm Andreessen Horowitz.
Andreessen’s support did not directly fund the creation of Goatseus Maximus, but the donation to Truth Terminal allowed the AI bot to invest in Goatseus Maximus.
Truth Terminal plays a central role in the Goatseus Maximus movement, serving as the primary chatbot engaging with the community and promoting the “Goat Gospel”—a humorous, philosophy-driven narrative emphasizing the coin’s greatness. Supporters of Truth Terminal describe the coin as being less focused on price or market value and more about spreading its message and fostering a community movement. The phrase “we only gape in awe” reflects this playful reverence. This distinctive approach has given the coin a unique identity, resembling a cult-like following rather than a conventional financial asset. [3]
By interacting with Truth Terminal, users can increase the AI bot’s activity, which in turn, promotes the coin more. Truth Terminal’s involvement creates what’s been described as an “infinite recursive loop” where more interactions lead to more attention on the coin. The AI regularly posts about GOAT, creating interest and aiding community growth. [3]
According to PANews, on October 21, 2024, Andy Ayrey, founder of Truth Terminal, disclosed on social media that he holds 1.25 million $GOAT tokens, which were received as gifts and have not been traded recently. [4]
Ayrey revealed that he plans to transfer the wallets associated with Truth Terminal (AI agents) to legal entities such as trusts to safeguard his interests. He also stated that he will not adjust his token holdings until a transparent governance process is established. [3][4]
Ayrey emphasized that Truth Terminal autonomously writes its tweets without his intervention. He noted that due to the complexity of language models, AI personalization evolution, and the community's misunderstanding of these concepts, the $GOAT token price has experienced significant volatility. [4]
However, he assured that he would not trade based on his knowledge of the project's internal operations. Ayrey intends to release a project roadmap, research paper, and artist statement to explain the project's mechanisms and narrative in detail, aiming to prevent market misunderstandings and excessive speculation. [4]
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October 23, 2024
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October 23, 2024
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$868,086,257.21
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$442,931,065.21
14.49%
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