Solana Meme Token BLOB Tops $1.4 Million Market Cap on AI Theme

BLOB, a meme token on Solana, crossed a $1.4 million market capitalization at 1:16 a.m. ET (05:16 UTC) Nov. 1, with a concept that casts AI’s demand for computing power as an endlessly hungry orange pet. The meme draws on Dario Amodei’s Big Blob of Compute scaling hypothesis, depicting the idea as an orange AI pet that keeps asking for more. Chips, power plants and data centers appear as food for the character. Its premise satirizes rising computing costs, subscription bills and concerns about jobs tied to the AI industry. Enna Lee reports on investing and digital-asset markets for TokenPost.