The market capitalization of AI agent-based coins has hit a new record, surpassing $16 billion. This phenomenon indicates a shift in crypto traders’ attention toward artificial intelligence-based tokens, a trend predicted to become one of the major crypto narratives in 2025.
According to data from CoinGecko on Friday (January 3, 2025), the market value of AI agent tokens has reached $16.1 billion, approximately IDR 261 trillion. The daily trading volume for this category also recorded a significant number, reaching $3 billion or IDR 48.6 trillion. Some popular tokens in this category include Virtuals Protocol (VIRTUAL), ai16z (AI16Z), and aixbt (AIXBT).
It’s important to note that an AI agent is a software program capable of interacting with its environment, gathering data, and using that data to complete predefined tasks. In the crypto context, AI agents are autonomous systems based on artificial intelligence, designed to perform specific tasks within the blockchain and crypto ecosystem.
Driven by the Performance of ai16z and Virtual Protocols
One of the most notable AI agent tokens this week is the Solana-based blockchain project ai16z, a parody of the well-known venture capital firm a16z. Since its introduction in late 2024, ai16z has shown impressive performance, with its price surging by 174% over the past week.
As of this article’s writing, the AI16Z token is trading at approximately $2.18, with a market capitalization of $2.4 billion, making it the third-largest AI agent token by value, according to CoinGecko data.
The popularity of ai16z skyrocketed due to several key factors, including Binance’s announcement regarding the launch of perpetual futures trading for ai16z. Additionally, plans to launch a new Layer-1 network that enables interaction between agents have further boosted the token’s appeal.
According to Lookonchain data, one whale invested $10 million to purchase more than 13 million ai16z tokens. A few weeks later, the token price skyrocketed, resulting in a potential profit of $6 million.
Besides ai16z, another token attracting traders’ attention is Virtual Protocols, with its token VIRTUAL seeing a 50% surge over the past week, trading around $4.4.
Since its launch in late October 2024, the VIRTUAL token has experienced an 8,900% increase, pushing its market capitalization to $4.4 billion, making it the largest AI agent token to date.
The success of AI agent-based tokens has sparked broad discussions about the role of artificial intelligence in the blockchain and crypto ecosystem. Crypto analysts believe AI agents could become the next major narrative in the world of crypto.
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