John McAfee reborn as AI memecoin and chatbot with $27 million market cap

John McAfee reborn as AI memecoin and chatbot with $27 million market cap

The Twitter/X account of Janice McAfee, spouse of notorious cybersecurity skilled John McAfee, introduced the launch of AIntivirus (AINTI), a memecoin tied to an AI-driven venture impressed by her late husband’s legacy.

The token, which went reside on Jan. 23 at 1 A.M. GMT, reached a $100 million market cap inside 5 hours earlier than stabilizing close to $27 million. Its worth fluctuated between $0.27 and $1 in the course of the first 11 buying and selling hours.

Per Janice McAfee’s X put up, the initiative combines John McAfee’s advocacy for privateness, crypto, decentralized know-how, and AI capabilities. The venture’s sensible contract tackle was shared alongside warnings in opposition to fraudulent tokens. In a separate put up, she emphasised leveraging her husband’s unfinished work to “expand his legacy” amid the present market cycle. McAfee is claimed to be “John McAfee AI incarnated.”

The launch follows the Trump household’s success with the official TRUMP and MELANIA memecoins forward of the Jan. 20 presidential inauguration. Additional, it’s unsure whether or not the token is a pump-and-dump rip-off, with customers mentioning the usage of US English as an alternative of UK English, which Janice McAfee makes use of.

AIntivirus’s volatility mirrors patterns seen in celebrity-linked tokens, the place preliminary hype usually outpaces sustained demand. The token is already down 70% from its short-liven all-time excessive. The token’s efficiency aligns with broader memecoin traits, which have resurged as Bitcoin repeatedly checks all-time highs above $100,000. Whereas the venture claims to combine AI instruments for cybersecurity—a nod to John McAfee’s antivirus software program—particular technical particulars stay undisclosed past a promotional web site.

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The web site reads,

“In a world overrun by surveillance states, corporate greed and digital enslavement, the AIntivirus is the ultimate disrupter.

A string of defiance wrapped in cryptographic brilliance. If $AIntivirus represents freedom, privacy and sticking it to the establishment, then consider it endorsed. Use it wisely, use it boldly, don’t let anyone tell you how to live your life.”

The token’s contract tackle is ‘BAezfVmia8UYLt4rst6PCU4dvL2i2qHzqn4wGhytpNJW.’
and the supplies spotlight the dangers of ‘copycat scams.’

Importantly, it’s nonetheless unclear whether or not this launch is itself a rip-off fueled by hacking each McAfee accounts. Nonetheless, the group response has been blended no matter its origin.

Posted In: AI, Featured, Memecoins Creator ce562118314c5d9bb4701ba261bd386b - John McAfee reborn as AI memecoin and chatbot with $27 million market capScreenshot 2023 12 22 at 22.31.34 - John McAfee reborn as AI memecoin and chatbot with $27 million market cap

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