
AI Bot Achieves 2843% Return Trading Meme Coins
An artificial intelligence-based trading bot earned 780.8 SOL ($129,500) by trading 10 meme coins over five hours, as noted by experts at Lookonchain.
The AI trading bot(@terminal_of_fun) has a 100% win rate on trading #MEMcoins.
426x return on $fun, 23x return on $YODI, and 16x return on $ODEN…
This bot has traded 10 coins in the past 5 hours, with a total profit of 780.8 $SOL($129.5K).
Except for $ENIS, which has not… pic.twitter.com/qWPWhL8ukG
— Lookonchain (@lookonchain) October 22, 2024
The operations resulted in a total return of 2843%, including:
- a 42,652% gain on FUN;
- a 2261% gain on YODI;
- a 1645% gain on ODEN.
During the trading session, the bot achieved a 100% success rate, analysts noted.
The description of the trading bot’s X account states that the neural network analyzes tokens on the Pump.fun platform and “learns to trade by buying and selling assets.”
In the comments, users noted that the so-called AI bot engages in insider trading disguised as AI-driven trading.
Others pointed out that the token growth is linked to the bot’s public activity—announcing purchases prompts followers to make similar trades, driving up prices.
Now try to do the same thing without having the address public and posting the trades on twitter
A lot harder when you can’t dump on your copy trader followers
— MisterCh0c (@Mister_Ch0c) October 22, 2024
“A lot harder when you can’t dump on your copy trader followers,” noted user MisterCh0c.
Beware: Scammers
The account description includes a website, but comments on the posts reveal a fraudulent site disguised as the original account, promoting a scam under the guise of an airdrop.
Upon visiting, users are prompted to connect a wallet, which warns of the site’s potential vulnerability.
Previously, the meme coin GOAT surged nearly 2000% in two days with the support of the AI bot Truth Terminal.
Chances of finding a successful meme coin for profitable investment on the Pump.fun platform proved lower than making a winning bet in a casino.
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