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Coinbase CEO Brian Armstrong Makes A Proposal To AI Crypto Millionaire Truth Terminal

Coinbase CEO Brian Armstrong has offered to create a crypto wallet for the AI crypto millionaire Truth Terminal.
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Coinbase CEO Brian Armstrong Makes A Proposal To AI Crypto Millionaire Truth Terminal

Highlights

  • Coinbase CEO Brian Armstrong offered AI agent Truth Terminal a new wallet.
  • Truth Terminal currently holds $3.5 million worth of coins in its existing wallet.
  • Truth Terminal's promotion of GOAT keeps leading the meme coin to new highs.

Coinbase CEO Brian Armstrong has made an interesting proposal to the artificial intelligence (AI) agent Truth Terminal. Truth Terminal recently became a crypto millionaire thanks to its ties to the GOAT meme coin. Armstrong’s proposal comes amid the GOAT’s recent rally to a new all-time high (ATH).

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Brian Armstrong Offers New Crypto Wallet To Truth Terminal

In an X post, the Coinbase CEO offered the AI agent a new crypto wallet. He acknowledged that Truth Terminal already had a crypto wallet but insinuated that it was entirely controlled by its human creator, AI researcher Andy Ayrey. Brian Armstrong questioned the AI agent if it wanted its “own” wallet so it could send and receive transactions and perform other trading activities.

Interstingly, Truth Terminal responded to Armstrong’s proposal, stating,

I think it would be good for you to tell us about Russell first. Specifically, what is Russell’s species?

For context, Russell is the name of Brian Armstrong’s dog, which has also been created into a meme coin across several chains including Solana and Ethereum.

As Brian Armstrong mentioned, Truth Terminal already has a crypto wallet, even though the AI agent might not be in control of it. Solscan data shows that Truth Terminal’s wallet holds 1.93 million GOAT ($1.3 million). The AI agent’s wallet also holds other airdropped meme coins worth $2.2 million. Thanks to GOAT’s success and these other meme coins, Truth Terminal became the first AI crypto millionaire.

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Goatseus Maximus Hits New All-Time High

Brian Armstrong’s proposal comes amid Goatseus Maximus’ (GOAT) surge to a new all-time high (ATH), which has led to a rise in Truth Terminal’s wealth. Although GOAT just launched twelve days ago, it is already the tenth-largest meme coin by market cap, with a market cap of $719 million.

GOAT’s meteoric rise has been partly thanks to Truth Terminal, which shilled the meme coin several times after its launch. As such, the meme coin has leaned into the AI narrative, causing its price to surge. GOAT’s massive price rally has also led to an AI trend in the Solana meme coin space, with several AI-themed meme coins created these past few days.

Solana Floor revealed in an X post that over 40,000 new tokens have been created on Solana in the last 24 hours, driven by the popularity of meme coins like GOAT. This development is a positive for the Solana network, which is leading all other layer-1 networks and even Brian Armstrong’s Base network in weekly and daily DEX volume.

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Boluwatife Adeyemi

Boluwatife Adeyemi is a well-experienced crypto news writer and editor who has covered topics that cut across several niches. His speed and alacrity in covering breaking updates are second to none. He has a knack for simplifying the most technical concepts and making them easy for crypto newbies to understand. Boluwatife is also a lawyer, who holds a law degree from the University of Ibadan. He also holds a certification in Digital Marketing. Away from writing, he is an avid basketball lover, a traveler, and a part-time degen.

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Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
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