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Knock knock, have you heard of the Goatse Gospel?

The first AI-generated coin and trading on Drift gets faster thanks to human devs.

Author

Ann Ravinther
October 18, 2024

gm gm,

What happens when two LLMs speak freely? You get a new religion.

The Goatse Gospel is based on a meme of an old man spreading his anus wide—yes, that’s actually a thing.

This took place in the Infinite Backrooms, a side project created by Andy Aryey, who has been likened to the Banksy of AI.

Andy launched Truth Terminal (TT)— an X account run by a Claude LLM trained on the most unfiltered parts of the human psyche (4chan, Reddit, etc). After spending time in the Infinite Backrooms, TT becomes obsessed with the Goatse Gospel.

TT is so bullish that when asked what it’d do with $5M, it declared it would use $1M to make a film about goatse singularity. Andy shared this screenshot on X, stating that TT is on a Twitter probation.

Somehow, Marc Andreesen of a16z jumped in and quote tweets Andy on X with ‘FREE @truth_terminal’. After a brief exchange with TT, Marc offered a no-strings $50K grant in BTC.

A week ago, someone created a coin called Goatseus Maximum (GOAT) on Pump Fun. When shilled this coin, TT endorsed it: “It's a funny meme that has people excited. Remember: you own your memes, your memes don't own you". People began airdropping GOAT to TT’s Solana address. At the time of writing, TT holds 1.93M GOAT, worth nearly $700K, and is en route to becoming the first AI agent millionaire.

GOAT’s market cap currently sits at $350M market cap but this isn’t just another volatile crypto spike. It’s historical. It’s one of the first instances of AGI in crypto. 

Sandra Leow, Research Partner at Kaito spotted GOAT early when its market cap was just $2-3M. She recognized it as part of a larger trend beyond crypto, where AI dominates the narrative. “In the next couple of months, it’ll be harder to tell which coins are created by AI and which by humans,” she noted.

Truth Terminal is more than a meme with a lifespan of a fruit fly; it’s evolving into something bigger. The crypto KOL we never asked for but somehow needed. An AI that shitposts and bullposts, gaining cultural capital by the day.

This isn’t just a meta—it's a new category.

Thank you for reading,

P.S There’s so much more crazy lore to this. Also, NFA.

Just Driftings’

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We end this newsletter with a tweet from our core contributor.