Twitter Suspends Famous AI-Powered Memecoin Bot
Twitter has suspended the account of the famous memecoin-related AI-powered automaton “Explain This Bob” after Elon Musk claimed it was a “scam crypto account.”
Musk claimed the account was a hoax in a June 18 tweet in response to the bot; the account was subsequently suspended.
Before its suspension, the Explain This Bob account reportedly had over 400 thousand followers.
The bot was developed by Prabhu Biswal from India using OpenAI’s GPT-4 model to discern and respond to tweets tagged with the account’s handle.
The initiative was also connected to the April launch of the ERC-20 memecoin Bob Token (BOB). The suspension decreased the price of BOB by more than 30%.
Musk tweeted “I love Bob” in response to one of the bot’s tweets on April 20, a tweet that is prominently displayed on the project’s website.
The suspension represents a 180-degree turn from Musk’s initial opinion of the bot.
However, Twitter has not taken action against Bob Token’s account. The project team responded humorously to the news of the suspension by sharing a meme depicting Elon Musk observing a distraught “Bob” in prison.
Observers believe Musk believes that Explain This Bob is being used as a marketing strategy to boost the price of BOB.
Since the suspension, “FREEBOB” has been trending on Crypto Twitter.
Most observers believe that BOB is not a fraud coin and that the suspension is unwarranted, as the token’s launch was “fair” and BOB is “fully decentralized” with a 0% tax mechanism.
Another alleged that the team did not provide themselves with tokens or airdrops before the April launch of the Bob Token.