OpenAI's Viral AI Spawns Sora Memecoin Frenzy With 469,000% Pump in 15 Hours
• OpenAI's new text-to-video AI model Sora went viral, prompting launch of a Sora memecoin that pumped 469,000% in 15 hours • Sora token reached $15M market cap within 15 hours, now around $7.5M cap for 261,000% gain • Memecoins monetize attention from trends, like WYNN coin related to Drake or MAGA coin • Some see memecoins as "financial nihilism," others say they contribute to crypto's "unhinged casino" • Unclear if AI memecoins can attract retail crypto interest, even as TAO coin gets support from Vitalik Buterin and Grayscale