AI trading bot drama that’s been making waves:
What Happened With the Lobstar AI Bot
So, this crypto-trading bot called “Lobstar Wilde” ended up sending almost all of its Lobstar tokens to a random wallet. Why? It looks like the bot misread an API instruction and thought it was sending just a small amount—about 4 SOL worth. Instead, it sent out roughly 5% of the entire Lobstar token supply, which was about $250,000 at the time.
The person who received the tokens turned around and sold most of them, making some money. But here’s the kicker: after all the attention, those tokens shot up in value, eventually being worth over $420,000.
People digging into the blockchain think the bot just got confused—a classic case of mixing up 52,439 tokens with 52.439 million. That one mistake led to the whole mess.
Broader Context: AI Trading Risks & Token Volatility
Stuff like this isn’t rare. AI-powered trading bots and so-called “AI agent” tokens have already caused plenty of chaos in crypto. The whole AI token market has taken some big hits lately, with a lot of tokens losing serious value.
When you let bots loose, especially without human oversight, things can go sideways fast. Bots can easily misread signals or just break down, especially when the market gets wild. And a lot of these “AI” bots are mostly hype, with weak risk controls. One glitch, and you can lose everything.
You can’t skip human supervision. Even the smartest bots mess up and do things you didn’t plan for if you don’t have the right guardrails in place.
New token types—like these AI-themed memecoins—are super volatile. Bots trading them are basically playing with fire. Losses and wild price swings happen all the time."#Write2Earn
