Top AI Bot Truth Terminal Struggles to Go Live with Its Own Website

Summary

Crypto influencers hype up AI bots whenever they get their chance and rightfully so because AI bots and AI managed funds are no doubt incredible advancement in artificial intelligence but these bots still require humans for performing basic tasks. The most popular AI agent Truth Terminal has faced same problem as this incredibly intelligent AI couldn’t even set up a website without human intervention.

AI is being more and more mainstream everyday and consequently talks about AI agents buzz over the internet every now and then. Crypto influencers and big investors praise these bots whenever they get the chance. Among these AI agents, one of the most popular ones is Truth Terminal, known profoundly for being the first AI millionaire. This powerful AI bot couldn’t make its own website live without any helps from humans, this proved AI bots are not fully independent and actually need human intervention.

According to Andy Ayrey, the programmer behind Terminal of Truths, the bot could not create its own website and so Terminal of Truths created a website and also co-registered a domain name for memecoin Goatseus Maximus (GOAT). Although there is no proof, it is said that the bot actually tried to register a domain name for the GOAT website via GoDaddy using Ayrey’s 2-factor authentication procedures but, not only did these actions require human involvement to enable this in the first place, it also needed a person to fix a DNS issue at GoDaddy.

To make events even worse, Andy’s X account got hacked and he apparently managed to steal Terminal of Truths’ website and used that to steal from innocent victims who believed blindly on the hacker thinking its the bot’s marketing strategy.

In the end, the hype for AI bots and their supposed independence is not as bright as we thought. However, with so many questionable claims surrounding this bot, some people are convinced the whole story might just be a hoax.

From Meme to Mainstream: LUNA’s Unstoppable Ascent in the Crypto World

Summary

LUNA has broken roofs as it went from $0.05 to $0.22 in a matter of just 24 hour. That is a whopping 340% surge in a single day. This performance even outshines Goatseus Maximus in terms of trading volumes on decentralized exchanges (DEXs). Most of this trading volume comes from Raydium platform as it holds 73% of total trading volume.

LUNA is the native cryptocurrency of the Terra blockchain. It was originally developed by Terraform and it has now become the most talked about memecoin. As a result, Terra has also gained significant popularity, particularly its UST stablecoin which was pegged to US dollars.

LUNA’s over the top rise began after October 21, that’s when it started trading on decentralized exchanges. As of now it has attracted many investors of the crypto community towards it with its performance. Drawing comparisons to one of the most successful early AI meme coins, Goatseus Maximus (GOAT). The buzz on LUNA started particularly after it surged a staggering 340% in just a day. This milestone sparked talks about LUNA being the next big thing in the meme coin community, particularly within the realm of artificial intelligence based tokens and Solana blockchain.

As of October 29, 2024, the price of LUNA is at $0.3473 with a 24 hour trading volume of  $24,590,883. This indicates its price going up by 2.55% since last 24 hour. It also has a circulating supply token of 690 million LUNA. With all that Terra is valued at a total market cap of $238,525,259.

Amid the formation of a bullish pattern, the CAT token gains 37%.

In conclusion, Simon’s Cat (CAT) meme coin recently saw a 37% increase after a bull flag pattern appeared on its daily chart. The increase in investor activity and the addition of new exchange listings could result in further gains for the token.

Bull Flag Pattern Indicates Potential Rally

According to trader Zak, CAT’s price has formed a classic bull flag pattern, often a sign of further upside. The token rose from $0.000024 to $0.000038 by Oct. 21, forming a flagpole before pulling back slightly. Consolidation between $0.000038 and $0.000044 was noted by another trader, Mr. Albert, indicating an impending breakout.

WHAT DO YOU THINK ABOUT THIS: Truth Terminal has become the first AI crypto Millionaire

Investor Activity and Market Performance

Due to a rise in daily trading volume to more than $60 million, CAT’s market capitalization increased from $166 million to $233 million over the past week.The meme coin’s listing on OKX and strong investor interest—including a whale purchase of $26,000 worth of CAT—has driven buying activity. The number of CAT holders also grew, reaching 235,666 by Oct. 28.

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Source: crypto.news

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Mixed Signals Are Shown by Technical Indicators

Technical indicators suggest a possible pause even though CAT’s upward momentum is still present. The MACD is showing a weakening trend, indicating potential short-term consolidation, and the Relative Strength Index (RSI) fell from overbought levels to a neutral 54.

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