Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial.
Memecoins have long been misunderstood, and amongst their great utility, there is an emerging perception that memecoins are simply conduits for celebrity-driven pump-and-dump schemes designed to rip the masses off. Despite this perception, and whilst some memecoins have certainly channelled a lot of capital into a small number of hands, this is far from the norm. Many memecoins can, and do, offer utility to users—from fractionalisation to predictive markets.
The focus must be on utility
More must be done to shift this negative and overriding perception—if this misleading narrative is left to fester and grow, it could risk causing industry-wide damage. The memecoin industry must collectively do more to highlight the unique innovation behind memecoins and their utility for not just the crypto market but broader society, too. To develop projects that demonstrate this, AI is the best co-pilot.
The role of AI
AI agents are finely tuned to perform specialised tasks and make decisions with minimal or no human intervention, and they are deservedly having their moment in the spotlight. They supersede their less able genAI predecessors thanks to superior flexibility and intelligence, and in recent years, they have entered a transitional phase away from hype, speculation, and experimental novelties towards powerful real-world tools.
They have transformed the tech space and are now an everyday tool for many businesses and consumers, applied to all forms of tech from user-facing technologies in self-driving cars to fraud detection technology. Yet the memecoin industry is still to capitalise on the benefits AI agents can offer—developers should harness the potential of AI in the development of their projects.
If AI agents are applied in the right way, they offer a smart way to draw out the utility of memecoins and the broader application of AI agents across financial practices. This can be through integrating AI agents into the tokens directly or deploying AI agents to complement memecoin activity.
Sophisticated trading tools
A key example is the benefit AI agents can bring to memecoin trading tools. AI agents are capable of autonomously monitoring market trends and processing an incredibly high amount of data in a very quick time frame. They can provide real-time market sentiment analysis, adjust investment strategies, and identify market opportunities as the data is shifting, well before other market analysis tools.
Applying this to memecoin markets is a no-brainer—this would allow market participants greater transparency amid the huge amount of complex data. There are thousands of memecoins, which cannot be thoroughly analysed by a single human or even a team. Instead, AI can very quickly process information around all memecoins and autonomously allocate accordingly. AROK, the AI-led venture agent, does precisely this—the autonomous trading tool conducts sentiment analysis, which is then used to automatically allocate assets to corresponding memecoins.
Security guarantees
Going hand in hand with an AI-led trading tool is AI agents’ ability to contribute to security and compliance related to memecoins. Lurking behind the flashy, eye-catching names of some memecoins is a malicious developer planning a rug pull. AI agents can prevent these—they could conduct smart contract auditing, AI-based code reviews, automated fraud detection, and regulatory compliance monitoring. They could conduct real-time risk assessments to identify and respond to emerging anomalies and risky memecoins, key to identifying genuine and viable investment opportunities and preventing pump-and-dumps and scams. Many industries are already using AI agents for detecting financial fraud; the memecoin industry must now take a similar approach.
Driving community engagement
Memecoins live and die by communities. So, perhaps the most significant benefit AI can bring to memecoins is productive community management. AI agents can accelerate meaningful community growth across an ecosystem through automated community management and the ability to personalise user interactions. AI-driven memecoin ecosystems can autonomously identify and build on trends generated amongst their community, and can also make decisions on behalf of coin holders. Terminal of Truths has successfully done so, capturing attention and driving its on-chain user activity, amassing over 200,000 followers.
Memecoins have the power to transform society. But to ensure the industry continues growing, developers must focus on their next iteration to demonstrate genuine utility and overturn negative perceptions drawn from a handful of pump-and-dump schemes. AI agents offer a pragmatic way to do so. The next phase of memecoins shouldn’t be defined by celebrity-manufactured momentum—it should be driven by AI.