RUSSELL, a meme coin, briefly rallied Wednesday after the AI bot Truth Terminal tweeted the word in response to a post from Coinbase CEO Brian Armstrong (whose dog is named Russell).
The bot did this after someone spammed it with the word “Russell,” leading some observers to conclude the action was the work of traders who amassed a large RUSSELL position and then sold after a quick pop in the price.
Andy Ayrey, the operator of Truth Terminal, took to X to confirm suspicions that the word “Russell” was spammed in Truth Terminal’s mentions, pushing the AI bot to pick up and use the term.
RUSSELL price action 10/23 (CoinMarketCap)