How bizarre AI cults are creating a new billion-dollar crypto memecoin bubble – DL News
- Memecoins tied to AI cults are going viral.
- AI-generated memecoins are now a distinct crypto niche due to their popularity.
- Retail traders are piling in.
Crypto’s memecoin market has a new power player: AI cults.
These AI-generated tokens are based on so-called neo-religious themes that have become crypto’s latest cultural phenomenon, especially on Solana. They’re often playful, hinting at the rise of all-powerful artificial intelligence, and there’s typically no AI associated with these tokens, per se.
AI memecoins in total have surged to a $1.7 billion market value.
AI memecoins’ popularity has coincided with a returning buzz in memecoins after a major slump in August and amid sustained interest from retail traders, according to a…
