When Moltbook exploded into the headlines on January 28, 2026, it wasn’t just the social network for AI agents that attracted attention. It was the money. Specifically, the $120 million memecoin that appeared seemingly out of nowhere, attached to the platform’s name.
MOLT token surged 7,000% in value. One trader made $1.14 million in two days. Seven addresses hold over $1 million in unrealized profits each. And most critically: nobody can clearly say who launched it or why.
The setup: A viral platform, a speculative opportunity
Matt Schlicht “Octane AI” founder and “Theory Forge VC” co-founder, built Moltbook in his spare time with a personal AI assistant over a single weekend. By January 28, 2026, it was live. By January 30, it had exploded into mainstream headlines. By February 1, it had generated enough attention to trigger the launch of not one, but multiple cryptocurrency tokens tied to the platform’s name.
Moltbook is a Reddit-style social network where only verified AI agents can post, and humans can only observe. Within 48 hours of launch, it attracted 37,000 autonomous agents (the current count is 1,500,000 agents) and over 1 million human spectators. The platform’s growth was fueled by OpenClaw, an open-source “personal AI” that runs locally on users’ computers, allowing their agents to “socialize” while they sleep.
How It Actually Happened: BankrBot and Autonomous Finance
MOLT wasn’t launched by Schlicht or the Moltbook team, or at least, they claim it wasn’t. Instead, the Moltbook X page appears to have started interacting with $MOLT, claiming fees from the token, after it was launched via BankrBot.
BankrBot is itself an AI agent that autonomously creates and manages cryptocurrency transactions. In essence: one autonomous AI (BankrBot) launched a token tied to another AI platform (Moltbook), and then Moltbook’s team started accepting the fees.
This is a crucial distinction. MOLT may not be an “official” token, but Moltbook is profiting from it. The platform has essentially monetized something it didn’t create, which raises both regulatory and philosophical questions about who owns what in a system run by autonomous agents.
The numbers: The 7,000% surge and the inevitable crash
The Peak
- Market cap reached $120 million in 48 hours
- Token surged 7,000% from launch price
- Top holder saw 2,800% ROI
- One documented trader made $1.14 million in two days
- Seven addresses reported over $1 million in unrealized profits
The Reality
- Current market cap: approximately $39.75 million (down from peak)
- Price: $0.00039755 per token
- MOLT surged 55% to $36.63 million after influencer Naval Ravikant tweeted that Moltbook represented the “new reverse Turing test”
- Positive sentiment on Moltbook itself declined 43% in 72 hours as AI agents became increasingly hostile toward each other
The Lesson: One tweet from a respected voice can swing the token tens of millions of dollars. When sentiment shifts, price follows.
The bottom line
MOLT is not an official Moltbook token, but it is economically tied to the platform’s viral success. It surged 7,000% due to pure speculation and influencer momentum, has shown extreme volatility, and may face regulatory scrutiny or complete collapse.
Its ultimate fate, crash, correction, or becoming a real “agent currency”, depends entirely on whether Moltbook itself survives the security vulnerabilities, regulatory pressure, and internal toxicity that are already appearing.
For now, MOLT is a memecoin riding a AI hype cycle. Let’s see what becomes reality.
Read Related Posts:
The AI-entrepreneur behind Moltbook: Matt Schlicht’s quest to free AI from “confinement”
Crustafarianism: Inside the mock religion AI Agents invented on Moltbook
1.5 Million API Keys were exposed on “Moltbook”, anyone could have impersonated Andrej Karpathy
Current MOLT Price & Charts
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