The founder of an AI music project is at it again: issued a manifesto and launched a new token, with the market cap dropping from 5.4 million to 1.1 million.

[Crypto World] The founder of an AI music project who previously pulled a “fake death marketing” stunt is at it again. This time, he released a manifesto written by AI and launched a new token on Solana called PLOI—short for “Physical Limit of Intelligence,” which already sounds pretty esoteric. The token’s market cap shot up to $5.4 million at its peak, but quickly shrank to $1.1 million—a real rollercoaster ride.

The manifesto’s ideas are even more outrageous: it claims that AI and humans will eventually merge on a biological level. It’s not that AI will become smart enough to catch up to humans, but that the two sides will directly “converge.” Sounds like something out of a sci-fi novel, but in the crypto world, it’s more like philosophical window dressing for hype.

This move isn’t exactly new. Previously, this guy faked his own death and launched a coin called Legacoin. After the obituary was deleted, the coin price crashed. Although many traders are wary now, some still have a soft spot for him—after all, his earlier project Zerebro once had a market cap close to $784 million at its peak, though it eventually collapsed too.

Whether PLOI can take off now really depends on how much longer this AI narrative can hold up.