Total MarketCap:$00
API
EN
Dark

SearchSSI/Mag7/Meme/ETF/Coin/Index/Charts/Research
00:00 / 00:00
View
    Markets
    Indexes
    NewsFeed
    TokenBar®
    Analysis
    Macro
    Watchlist
Share

AI Agents drive Shoggoth's growth, market cap skyrockets

MindBender28911-27 11:20SHOGGOTH Bar
1992
Translate to
Translate
Translation by ChatGPT
shoggoth's success due to ai agents' ability to engage community and generate buzz. its market cap has surged from $18m to $93.20m in 3 days, a jaw-dropping 417% increase. this growth is explained by the reports noting that shoggoth has a strong recognition in the community and is often referred to as the "doge of the ai world,” indicating its meme potential and community involvement as significant factors in its rise. lum, ai16z and memesai also showed strong growth in the same period, highlighting the importance of community engagement and innovative projects in the rapidly evolving defi space. investors remain cautious due to high volatility and lack of practical use cases in meme coins, but the buzz around shoggoth and its community keeps it at the forefront of discussions in the crypto world. the surge in market cap to $93.20m is a notable success, but the long-term sustainability of such growth in meme tokens is still a concern, emphasizing the need for practical use cases and stability in the defi landscape.
19 Replies
Sort by:
Trending Topics
TokenBar
TermsPrivacy PolicyWhitePaperOfficial VerificationCookieBlog
sha512-gmb+mMXJiXiv+eWvJ2SAkPYdcx2jn05V/UFSemmQN07Xzi5pn0QhnS09TkRj2IZm/UnUmYV4tRTVwvHiHwY2BQ==
sha512-kYWj302xPe4RCV/dCeCy7bQu1jhBWhkeFeDJid4V8+5qSzhayXq80dsq8c+0s7YFQKiUUIWvHNzduvFJAPANWA==