AI Agent Tokens Surge 20.5%, Could Outperform Meme Coins
The post AI Agent Tokens Surge 20.5%, Could Outperform Meme Coins appeared on BitcoinEthereumNews.com.
The AI token cumulative market cap rose by 14.9% in the past 24 hours and hit $49B. To put that into perspective, meme coins, a much older sector, now have a $117B market cap with a +8.9% 24-hour change. Among the top gainers are Virtuals Protocol ($VIRTUALS) and ai16z ($AI16Z), both of which are now among the top 10 AI coins. Haseeb Qureshi at Dragonfly Capital expects AI agent coins to outperform meme coins in 2025. In a strikingly insightful remark, Qureshi says the crypto community is shifting from financial nihilism to over-optimism. The question is – will the AI token trend last? AI Agents Lead a New Era in Crypto A year ago, the idea of an AI agent independently managing a crypto ecosystem seemed like something out of a sci-fi horror movie. Ex Machina kind of thing. Today, projects like Virtuals Protocol, Artificial Superintelligence Alliance, and ai16z form a rapidly expanding AI agent coin sector with a $16B market cap (20.5% 24-hour increase!). $VIRTUALS, in particular, saw no meaningful activity whatsoever since its launch in early 2023 until it surged over 9,190% in November. $VIRTUALS price trend AI agents are not to be confused with AI bots. AI Agents are more advanced and autonomous, capable of learning, adapting, and making complex decisions. Bots typically follow pre-defined rules and perform specific tasks. Qureshi predicts this trend will accelerate in 2025, but eventually die off. The novelty will wear thin, and sentiment will reverse. However, this isn’t likely to happen anytime soon, and we’re sure to see new AI agent token projects continue to flood the market. What’s Hiding Behind the AI Facade? There’s no shortage of AI agent tokens on the market. But how good are the projects behind these tokens? According to Querishi, most AI agents are simply…
Filed under: News - @ January 2, 2025 12:24 pm