A token called LOBSTAR shocked the market after jumping nearly 190% in just 24 hours — and it all started with a mistake.
An AI agent running on the Solana network accidentally sent 52.4 million LOBSTAR tokens, about 5% of the total supply, to a random wallet.
The transfer was supposed to be a small donation — around $400. Instead, due to a coding error, the agent sent tokens that were briefly valued between $250,000 and $440,000 on paper.
What went wrong?
According to community reports and blockchain data, the AI agent had a session reset. That wiped part of its memory.
Then came the real problem: a parsing error. The system reportedly misread token decimal values as whole numbers. So instead of sending a small amount, it sent millions of tokens.
There were no safeguards in place to stop the oversized transaction.
Why the recipient didn’t get rich
At first glance, the random recipient looked incredibly lucky.
But when they tried to sell the tokens, reality hit.
Selling 5% of a token’s total supply into a thin market caused massive price slippage. The liquidity just wasn’t there. As the price crashed during the sell-off, the actual proceeds shrank dramatically.
On-chain estimates suggest that after losses, reinvestments, and a failed attempt to launch a new token under the recipient’s name, the final realized amount dropped to only a few thousand dollars.
So why did the price surge?
Ironically, despite the treasury losing a big chunk of supply, LOBSTAR’s trading volume exploded.
Traders quickly embraced the story as an example of “agentic risk” — the dangers that come with autonomous AI agents controlling crypto wallets.
Speculators piled in. The drama, the chaos, and the novelty drove attention. As a result, LOBSTAR’s price briefly surged up to around 190%.
The bigger lesson
This incident highlights a growing issue in crypto: what happens when AI agents manage real money?
Without proper limits, safety checks, and human oversight, small coding mistakes can trigger massive financial consequences.
As more autonomous systems operate on blockchains like Solana, cases like this may become a serious wake-up call for developers and investors alike.v
