AI-Driven Tokens Surge Back After a Dip
AI-driven cryptocurrencies are seeing a robust recovery, fueled by a thought-provoking piece from Franklin Templeton Digital Assets, highlighting how AI’s capabilities can be enhanced through blockchain technology.
On January 14, 2025, Franklin Templeton, a key player in the alternative investment market, declared the use of blockchain-based AI agents to be an “exceptionally promising” avenue for development.
The company highlighted AI16z and Virtuals Protocol as standout performers, achieving the highest daily gains among the top 100 cryptocurrencies.
These gains come after notable losses, with AI16z falling 50%, Virtuals down 44%, and Swarms losing 55% in value.
Despite last week’s market downturn, some in the crypto community had faith in a recovery—and they were right. AI-agent tokens have risen to the top of the performance charts for the past 24 hours.
Details here: AI16Z, VIRTUAL, SWARMS Fall by Half — Is Recovery Possible?
Take AI16z, for instance, an investment DAO run by AI agents. CoinGecko data reveals that its native token surged by more than 18% in a single day. Though its earlier dip briefly pushed it out of the top 100 cryptocurrencies, AI16z has already reclaimed its position.
The Ethereum-based VIRTUAL token from Virtuals Protocol jumped 15% in the past 24 hours to hit $2.98. This token fuels numerous AI agents, including AiXBT, which almost broke its record high on Tuesday.
For those unfamiliar, AI agents are programmed to assist users by autonomously managing specific tasks. As AI garners more attention, industry analysts are quick to point out the transformative potential of these agents. Many come with their own tokens, offering both operational benefits and a speculative edge.
Community Weighs in on Franklin Templeton's AI Agent Forecast
Franklin Templeton Digital Assets painted an optimistic picture of AI agents but tempered expectations, noting that significant advancements are still needed for them to achieve the utility many are hoping for.
“Although these agents are not yet fully autonomous, and have little utility in their current state, this emerging sector may hold significant promise and is worth watching closely as it evolves and matures,”
the note said.
Enthusiasts were quick to respond, with one commenting: “Oh boy, I can't wait to log into @coinbase and purchase these tokens!”
Others turned the discussion toward promising initiatives like DeFAI, emphasizing its role in refining user interaction and making blockchain technology more accessible.
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