The success of Ai16z hasn’t gone unnoticed, and as expected, beta plays are beginning to flood the scene. These typically don’t attract much attention, but Large Language Model (LLM) has stood out.
just seen $LLM run from 100k to 65M in like 3 hours
Lmao pic.twitter.com/ji4zmDcGGr— RugHunter.Sol (@RugHunterSol) January 8, 2025
LLM, a parody of Ai16z, is essentially a “thicker” version of the original. Ai16z recently hit an all-time high of $2.68 billion, and some investors clearly believed that LLM could deliver “fat” gains riding on Ai16z’s success. So far, they’ve been proven right.
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While the market dipped and it was generally a red sea, Degens stayed unfazed, and they found their new meme of the day. LLM skyrocketed within hours, launching this morning and currently trading around a $56 million market cap.
Though slightly down from its peak of $67 million, it’s still going strong. In under seven hours since its launch on Pump.fun, trading volume has soared to an impressive $77 million.
(LMMUSDT)
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It seems like the Large Language Model dev is not satisfied with one successful launch, and he is asking for more. But this strategy rarely works. Also, the Chillguy Dev did the same after selling his bags for a few hundred dollars: if he waited a few more days, they would have been worth millions.
The constant launch of new tokens on Pump.Fun, is getting criticism. $LLM, $BLM, $CLM and now $ALM is diluting interest and creating competition with traders trying to chase the pump.
LLM is holding strong and inching back toward its all-time high. Will it climb even higher? It’s hard to predict.
I don’t find the meme particularly funny; at this early stage, significant profit-taking by early investors could easily drive the price down. Surely, the hype is here, and it’s often enough to drive a meme coin very high.
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The post What Is Large Language Model, LLM? Crazy 86,000% Surge For This Ai16z Parody appeared first on 99Bitcoins.
