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Three-Day Average Uptick of 98%: Reviewing Promising AI Meme Coins

Three-Day Average Uptick of 98%: Reviewing Promising AI Meme Coins

2024.11.14
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Three-Day Average Uptick of 98%: Reviewing Promising AI Meme Coins

14 up, 2 down, average gain of 98% over three days, led by Shoggoth (+417%), LUM (+334%), and ai16z (+317%).

2024.11.14 - 09:05:25
AIMeme
14 up, 2 down, average gain of 98% over three days, led by Shoggoth (+417%), LUM (+334%), and ai16z (+317%).

Written by: Karen, Foresight News

After Binance announced the listing of the AI Meme coin ACT, the AI Meme market instantly surged. Within less than three days, ACT's market cap grew over 30-fold, reaching a peak of $800 million. At the same time, GOAT, the leading AI Meme token, surpassed the $1 billion market cap milestone, becoming the first token on Pump.fun to achieve this feat.

Given heightened market interest in low-market-cap AI Meme coins, we compiled a list earlier this week of potential AI Meme tokens ("Unprecedented Boom: A Look at Promising AI Meme Coins"). Below is a performance review of these AI Meme tokens.

How Have AI Meme Tokens Performed Overall?

On Solana:

Shoggoth (+417%): Market cap rose from $18 million to $93.2 million;

ai16z (+317%): Market cap increased from $33.5 million to $140 million;

MemesAI (+187%): Market cap climbed from $26 million to $74.8 million;

FOREST (+71%): Market cap grew from $26 million to $44.5 million;

OMEGA (+70%): Market cap rose from $24 million to $40.8 million;

SHEGEN (+40%): Market cap increased from $19.3 million to $26.9 million;

GNON (+25%): Market cap rose from $16.9 million to $21.1 million;

ZEREBRO (+25%): Market cap grew from $78 million to $97.4 million;

AVB (+10%): Market cap increased from $12 million to $13.3 million;

CENTS (-27%): Market cap dropped from $37 million to $26.8 million;

YOUSIM (-49%): Market cap fell from $33 million to $16.6 million.

On Base:

LUM (+334%): Market cap surged from $7.8 million to $33.9 million;

HIGHER (+58%): Market cap rose from $32.1 million to $50.7 million;

LUNA (+35%): Market cap increased from $53.5 million to $55 million;

VIRTUAL (+8%): Market cap grew from $143 million to $155 million.

On Ethereum:

Grok (+40%): Market cap rose from $45.51 million to $63.8 million.

Performance Review and Analysis

Out of these 16 AI Meme tokens, 13 increased in value while 3 declined. The top gainers were green octopus Shoggoth (+417%), LUM (+334%), and ai16z (+317%). Notably, Shoggoth’s market cap skyrocketed from $18 million to $93.2 million, with over 200% growth in the past 24 hours and trading volume reaching $18.5 million. Shoggoth has developed strong community recognition and is seen by some as the Doge of the AI world. According to CryptoHunt data, Shoggoth’s official Twitter follow list includes 71 English-speaking KOLs and 167 Chinese-speaking KOLs, highlighting its influence within the Chinese community.

Green Octopus Shoggoth Image

When compiling the list of promising AI Meme tokens this past Monday, our initial focus was on tokens with market caps between $10 million and $100 million. Although LUM on Base had a market cap of only $7.8 million at the time, we included it due to its significance as the first token issued by Aethernet via clanker.world on Warpcast. Dubbed “GOAT on Base,” LUM has solid community backing. It delivered impressively this week, surging 334% in price and growing its market cap from $7.8 million to $33.9 million, with $8.2 million in 24-hour trading volume—second only to BRETT and DEGEN among Base Meme tokens. Notably, CLANKER, the token behind clanker.world, also saw its market cap rise from $880,000 to approximately $5 million—an increase of over 471% since Monday. To date, 733 Meme tokens have been created through clanker.world. HIGHER and LUNA on Base also performed well, rising 58% and 35%, respectively.

ai16z continued its upward trajectory after our article was published, increasing its market cap from $33.5 million to $140 million. Many AI agents are built using code derived from ai16z’s Eliza project—for example, Centience’s source code is a modified fork of ai16z’s Eliza. This week’s trending Kasumi 152 - AI (MIST) was also developed based on Eliza technology.

MemesAI, FOREST, OMEGA, and Grok (on Ethereum) posted strong gains of 187%, 71%, 70%, and 40%, respectively. While red octopus MemesAI rose alongside green octopus Shoggoth, its appreciation lagged behind. FOREST surged over 90% in the past 24 hours and is regarded as a sustainable token combining AI, Meme culture, and real-world impact. Additionally, Raoul Pal, founder and CEO of Global Macro Investor and Real Vision, revealed yesterday that he holds a small amount of FOREST tokens. Grok, named after Elon Musk’s AI project, has also seen steady growth on Ethereum, reaching a market cap of $63.8 million.

Red Octopus MemesAI Image

ZEREBRO rose 17% in the past 24 hours with sustained trading activity. ZEREBRO launched an AI-generated NFT collection called Zereborn on Solana, minted at 0.1 SOL, which now has a floor price of 2.786 SOL.

CENTS (-27%) and YOUSIM (-49%) experienced notable price corrections. CENTS saw significant gains on November 10 and 11, followed by a sharp pullback, likely due to market adjustment or profit-taking. YOUSIM also retreated nearly 50%, with no clear sign of stabilization yet.

Screenshot of Zereborn NFT Collection

Once again, Meme tokens are highly sensitive to shifts in community engagement, market sentiment, and influencer endorsements. They also carry an extremely high risk of dropping to zero. Always DYOR before making any investment decisions.

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