Identifying AI Meme Stocks: Triple-Digit Growth in Three Days
Source: Karen, Foresight News
Since Binance announced the launch of the AI Meme coin ACT, the AI Meme market has instantly boiled over. In less than three days, ACT's market value has grown by more than 30 times, soaring to a high market cap of 8 billion dollars. At the same time, AI Meme flagship token GOAT has also crossed the $1 billion mark, becoming the first token on the Pump.fun platform to break through this milestone.
Given the market's attention to low-cap AI Meme coins, we took stock of some potential AI Meme coins this Monday ("Unprecedented Glory, Taking Stock of Potential AI Meme Coins"), here is a review of the performance of these AI Meme coins.
What is the overall price performance of AI Meme coins?
On Solana:
Shoggoth (+417%): $18 million market cap to $93.2 million market cap;
ai16z (+317%): $33.5 million market cap to $140 million market cap;
MemesAI (+187%): $26 million market cap to $74.8 million market cap;
FOREST (+71%): $26 million market cap to $44.5 million market cap;
OMEGA (+70%): $24 million market cap to $40.8 million market cap;
SHEGEN (+40%): $19.3 million market cap to $26.9 million market cap;
GNON (+25%): $16.9 million market cap to $21.1 million market cap;
ZEREBRO (+25%): $78 million market cap to $97.4 million market cap;
AVB (+10%): $12 million market cap to $13.3 million market cap;
CENTS (-27%): $37 million market cap to $26.8 million market cap;
YOUSIM (-49%): $33 million market cap - $16.6 million market cap.
On Base:
LUM (334%): $7.8 million market cap - $33.9 million market cap;
HIGHER (+58%): $32.1 million market cap - $50.7 million market cap;
LUNA (+35%): $53.5 million market cap - $55 million market cap;
VIRTUAL (+8%): $1.43 billion market cap - $1.55 billion market cap.
On Ethereum:
Grok (+40%): $45.51 million - $63.8 million.
Retrospective Analysis
Among these 16 AI Meme coins, 13 coins experienced an increase, while 3 coins saw a decline. The biggest gainers include the Green Octopus Shoggoth (+417%), LUM (+334%), and ai16z (+317%). In particular, Shoggoth saw its market cap surge from $18 million to $93.2 million, with a more than 200% increase in the past 24 hours and a trading volume of $18.5 million. Shoggoth's image has high recognition in the community, with a small group of community users considering it the Doge of the AI world. Notably, according to CryptoHunt's data, Shoggoth's official Twitter follows 71 English-speaking KOLs and 167 Chinese-speaking KOLs, reflecting its influence in the Chinese community.
Green Octopus Shoggoth Image
When conducting an inventory of AI meme coins with potential earlier this week, the author's initial plan was to focus on AI meme coins with market caps between $10 million and $100 million. Although LUM's market cap on Base was only $7.8 million at the time, the author still included it in the inventory. This is because LUM is the first token issued by Aethernet on Warpcast via clanker.world, and is referred to by the community as the "GOAT on Base," with a relatively strong community base. LUM did live up to expectations, achieving a 334% increase this week, with its market cap rising from $7.8 million to $33.9 million, and a 24-hour trading volume of $8.2 million, ranking only below BRETT and DEGEN in meme coin trading volume on Base. It is worth noting that the token CLANKER from clanker.world mentioned here also saw its market cap rise from $880,000 to around $5 million, with an increase of over 471% since Monday. Currently, there are 733 meme coins created through clanker.world. Additionally, HIGHER and LUNA on Base also performed well, with increases of 58% and 35% respectively.
The ai16z self-audit article has continued to rise in value, growing from $33.5 million to $140 million. Much of the foundational code used by AI agents originates from ai16z's Eliza. For example, Centience's source code is a modified fork of ai16z's Eliza project, and this week's trending Kasumi MIST (Kasumi 152 - AI) was also created using Eliza technology.
MemesAI, FOREST, OMEGA, and Grok (on Ethereum) have also seen significant price increases of 187%, 71%, 70%, and 40%, respectively. While the red octopus MemesAI saw a synchronous rise with the green octopus Shoggoth, its increase was not as high as Shoggoth's. FOREST surged over 90% in the last 24 hours and is considered a sustainable token combining AI, meme, and real-world impact. Additionally, Raoul Pal, the founder and CEO of Global Macro Investor and Real Vision, revealed yesterday that he holds a small amount of FOREST tokens. The Musk AI project's namesake token Grok on Ethereum has also seen a steady increase in market value, reaching $63.8 million.
Red octopus MemesAI image
ZEREBRO has risen by 17% in the last 24 hours, with continued trading activity. ZEREBRO has launched an AI-generated NFT series on Solana called Zereborn, initially priced at 0.1 SOL for minting, and its floor price has now reached 2.786 SOL.
CENTS (-27%) and YOUSIM (-49%) have experienced varying degrees of price declines. After significant surges on the 10th and 11th, CENTS faced a major pullback, likely due to market correction or profit-taking. YOUSIM has also retraced nearly 50%, showing no apparent signs of a bottoming trend.
Zereborn NFT series screenshot
Once again, it is important to note that meme coins are highly influenced by community engagement, market sentiment, celebrity endorsements, and carry a high risk of going to zero. Therefore, before making any investment decisions, be sure to do your own research (DYOR).
