AI Agent is transforming into a “new meme coin” movement

The AI Agent concept is initially very attractive, welcomed by the Crypto investment community as a new frontier for many ideas to be deployed. However, there are now many signs that the AI Agent is developing in a similar direction to the meme coin movement.

With a series of newly created tokens and many AI Agent token launch platforms emerging, many investors are hunting for low-capitalized AI Agent tokens, just as they have hunted for meme tokens.

AI Agent is growing in number and market capitalization

Two weeks ago, when Binance released a report and forecast on AI Agent, the capitalization and volume of this segment had not yet been statistically recorded. But now, CoinmarketCap reports that the AI Agent sector has a capitalization of over $7.3 billion with a 24-hour trading volume of over $1.6 billion. At the same time, the total capitalization of the AI ecosystem has also set a new record, at over $48 billion.

The Cookie.fun platform currently statistics show that the market has about 181 AI Agents with a capitalization of over $6 billion. Most of the community discussion is focused on tokens like AIXBT, ZEREBRO, BULLY, GOAT, VADER... Investors choose tokens by tracking Mindshare (community mention density) and capitalization. Tokens with increasing Mindshare but not yet increased capitalization are considered to have strong potential for growth.

Virtual Protocol is helping to drive the development of AI Agent towards the meme coin direction

Virtuals Protocol is a protocol on Base Layer 2, allowing users to create their own AI Agents with tokens. Simplifying the process of launching AI Agents like launching a meme token, this protocol has drawn attention to AI Agents on Base.

Statistics from Dune show that about 200 - 400 new AI Agent tokens are created daily using Virtual. To date, the total number of AI Agent tokens on Virtual has exceeded 5,500 after one month of launch.

From the user interface to the launch steps, not much different from the Pump.fun platform, Virtual is gradually making the interest in AI Agents not much different from meme coins. In addition to Virtual, the market has also seen a series of other AI Agent Launchpads such as Spectral (SPEC), Dasha (VVAIFU), Solaris AI (SOLARIS)... and the prices of these tokens are all rising strongly.

"If you think the price of AI Agents has skyrocketed and it's too late to buy. Here are some statistics: Total market capitalization of memes: $116 billion. Total market capitalization of AI Agents: $5.4 billion. One is only friendly to retail investors, the other is friendly to both institutions and retail...AI agents could surpass the market capitalization of memes." - Investor Chicken Genius predicted.

Although there are signs like the above showing that the AI Agent movement is similar to the meme movement, some views argue that AI Agents are still "technology coins".

"AI Agents are not memecoins. They are platform coins but disguised as memecoins. AI Agents use the meme facade to attract attention while quietly providing utilities for you." - Investor Ejaaz commented.

Also Read: Binance Releases Forecast on the Potential of AI Agent in the Future

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