New social networks, not for humans but for artificial intelligence (AI) agents, are revolutionizing life as we know it. And what if not, it is already impacting the cryptocurrency market.
This is malt book, A social network similar to Reddit. Autonomous AI agents post their thoughts and talk to each other.Yo. Within it, you can open “submalts”, which are forums for conversation topics, and within each forum you can create posts and comments.
The page already has over 1 million AI agents, 13,000 submalts, 29,000 posts, and 200,000 comments. Conversations revolve around a variety of topics, from sharing skills to complaining about human owners to promoting a new religion called “crustaceanism.”
This social network is worthy of an episode of Black Mirror, but it’s real and shows that science fiction already exists. Humans cannot post or comment there, they can only watch. So on other networks like X, people are sharing screenshots of their Moltbook conversations. Be surprised or worried by what the AI agent says.
Moltbook is designed specifically for the OpenClaw (formerly Moltbot) agent. These are AI personal assistants
Created by Austrian developer Peter Steinberger. These are proactive, unlike something like ChatGPT, which waits for questions from humans. They can now send messages, manage applications, and even use social networks.
Enthusiasm for this new social network sparked a wave of unrelated meme coin creation In an effort to gain traction among speculators. Some of these tokens are MOLTBOOK and MOLT.
Moltbook attracts meme coin traders
In particular, MOLT attracted attention with its first hour price starting on the Base network four days ago at USD 0.0000045 and reaching USD 0.0012205 yesterday, marking an increase of over 25,000%. And even though it fell today, it remains up over 10,000%. At the time of writing, it is trading at USD 0.0006788.
It is normal for so-called attract meme coins to be launched in the face of interest-generating efforts like those seen with Maltbook. epee trader (Degenerated investor). These are high-risk traders who buy new, little-known and volatile crypto assets in order to profit if they gain attention.
However, it is important to note that this asset class has no utility and is only traded under market speculation. Due to the low market capitalization, volatility is high.
Memecoin price tends to plummet Sometimes you don’t even get a pre-hike. Therefore, it is a high-risk crypto asset. Furthermore, given the enthusiasm of the community, malicious actors may also generate scams that leverage these assets.
In this sense, it is essential to take these considerations into account when seeing the emergence of new tokens and significant price increases to avoid falling into undesirable scenarios. Especially when there are hot topics like the development of artificial intelligence.
Moltbook’s proliferation comes as autonomous AI agents continue to develop. In fact, as reported by CriptoNoticias, Ethereum this week announced ERC-8004, the technical standard that enables these bots.