Blobana Pet (SOL: $BLOB) is an AI-based meme coin on the Solana network. Its developers state that it is an AI entity that lives on chains, and talks to its community; it is not an automated system or bot, but an AI that has its own personality.
How Blobana pet Works
The Bobana Pet AI entity is based on a combination of advanced AI and scripts, which govern its growth. It maintains its own wallet and builds its community with a goal of market dominance.
The meme coin is in charge of its X account and often tweets about market activity and its own growth. The tweets are based on trading activity and market shifts, community interactions, feeding events, and the success of the treasury growth.
The AI creates responses based on real-time events, and the excitement is real when the BLOB sees a jump in trading volume or growth in market cap. This has led to a unique dynamic between the meme coin and its community, where the interactions are based on real-world data.
The concept is loosely based on the blob alien from popular culture, which grows as it feeds. For food, the BLOB meme coin feed on SOL coin, which are used to buy tokens, and the $BLOB tokens. It can also accept any other tokens that the community sends it.
The BLOB Origin Story
The developers created Blob using millions of trading-focused chat logs on Telegram, which is how it was taught to react to real market situations. It is designed to understand market psychology by processing market data like an experienced trader. Blob continues to receive real-time chat logs from Telegram, which informs its decisions and how it reacts to events.
The Web3 Future
Blob is representative of a new development in Web3, where AI lives on the blokchain, builds community, and trades assets. By analyzing market data and coming up with real time responses, it offers a glimpse of how Web3 will function. Its success is not just in the growth of its markets cap but its ability to grow a community, and interact with it in a unique manner.
To ensure its AI autonomy is verifiable, each tweet by Blob generates an on-chain message, and all trading activities are stored on-chain. Additionally, all mod changes are recorded with a timestamp and trigger event.
On Monday, November 25, the Blob team announced that the AI entity would begin generating videos using prompts based on an in-depth analysis of various factors. These videos will then be posted to its TikTok account.
Social Media Following
Despite going live a few days ago, BLOB has built up a huge following on social media. It has 7,224 followers on X, 1,755 members on Telegram, and 73 followers on TikTok.
Blobana (BLOB) Market Performance
On Sunday, November 24, 2024, BLOB soared 382% to $0.01936. On Monday, November 25, the token was up 27.3% in the past 24 hours to $0.01835. Its 24-hour range is a high of $0.02231 and a low of $0.01259.
It hit a new all-time high of $0.02231 on November 24, 2024, and has since retracted 17.7% as investors take profit. Since its all-time low of $0.002301 on November 20, 2024, it has gained 698.4%. The maximum supply of the tokens is 999,999,999, and according to Solscan data, there are 8,769 holders of the meme coin.
Is BLOB The Perfect Entry Point Into AI Meme Coins?
AI meme coins have come to the fore in 2024, starting with the rise of Goatseus Maximus a few weeks ago. With AI and Web3 becoming popular concepts with real-world use cases, getting into AI meme coins could be the perfect opportunity to capitalize on this trend. Blobana (BLOB) is barely a few days old, which means it could potentially experience further upward movement in the next few weeks.
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