Amid the rising demand for artificial intelligence (AI) solutions, AI meme coins have come into the limelight over the past few months. The market cap of AI meme coins has surged to $1.9 billion recently with Goatseus Maximus (GOAT) and Turbo (TURBO) dominating most of the recent rally.
As per the latest data from CoinGeckco, the market cap of AI meme coins shot to $1.9 billion while the daily trading volume exceeded more than $590 million. Of these, two tokens, GOAT and TURBO contributed a massive 60% to the AI meme coin trading volume at $360 million. However, other AI meme coin tokens have low liquidity with daily trading volumes being less than $1 million.
As we know, the OpenAI platform ChatGPT created the TURBO meme coin while the popular ‘Terminal of Truths’ account promoted GOAT in recent weeks. Thus, the massive surge in these token’s prices reflects the combined interest of the crypto community in AI and meme coins.
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