30s Summary

AI-based cryptocurrency coins, also known as memecoins, are growing in popularity and value. Notably, from October 2024, AI memecoins created a market capitalization worth over $3 billion. A significant surge took place when AI model, Truth Terminal, endorsed Goatseus Maximus (GOAT), a memecoin that later gained a market value of $450 million, leading to chatbots promoting other memecoins. This led to increased valuations and pressure for AI tokens to become more useful. Experts also predict the rise of an “Agentic Web” with AI agents driving economic growth and running decentralized apps (DApps), potentially contributing $4 trillion to the global economy annually by 2030.

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Hey there,

Artificial intelligence-based cryptocurrency coins, or memecoins, are becoming more and more valuable and popular. They could trigger the next big leap in AI technology. It’ll be tricky to pick a winner among all the AI memecoins out there, but it’ll definitely be worth it, so better start looking!

We’ve got self-operating AI technologies, or agentic AIs, among us right now. They’re creating code, managing social media handles, rolling out new tokens, and even creating internet memes (in at least one case). By 2025, these AI agents are predicted to overhaul web3.

AI memecoins are already changing the game. From around October 2024, memecoins based around AI managed to kick-start over $3 billion in market capitalization. There are hundreds of them trading right now. Most hold little value, but a few are expected to become utility tokens – valuable digital assets that will claim a multibillion-dollar untapped market.

AI coin excitement kicked off on Oct. 10, when a large language model, Truth Terminal, promoted Goatseus Maximus (GOAT), a memecoin. Only nine days later, GOAT’s market value rocketed to $450 million and grew to over $1 billion within a month. Immediately, chatbots began promoting other memecoins on Crypto Twitter, rapidly taking several more coins past the $100 million market cap mark, including Turbo (TURBO), Act I: The AI Prophecy (ACT), Zerebro (ZEREBRO), Fartcoin (FART), and ai16z (AI16Z).

Now, AI tokens have to step up their game to justify these high valuations and they need to become more useful.

Decentralized blockchain networks make life ideal for AI agents. These smart machines where they shine, launching smart contracts, managing onchain treasuries, building communities, and even negotiating deals – with humans or each other.

Recently, Coinbase Ventures predicted the advent of an “Agentic Web”, with AI agents on crypto rails driving economic growth and running decentralized apps (DApps). By 2030, this AI boom could add $4 trillion to the world economy each year, generating a $47 billion market. Tokens will be the gears of this AI machinery.

AI coins like ZEREBRO are leading the way to the Agentic Web. As an AI chatbot, Zerebro creates and distributes content autonomously across platforms like Twitter, Warpcast, and Telegram. With almost 45,000 followers, this prolific poster has itself launched the Zerebro token. The creators plan to roll out decentralized finance protocols – vaults and yield farming – to “create new financial utilities” for Zerebro.

Other AI memecoins have similar lofty goals. Luna by Virtuals (LUNA) and ai16z, for example, aim to generate wealth to buy back their tokens, making them more scarce and valuable.

While we’re not quite into the age of the Agentic Web yet, we are definitely on the way. These new AI tokens are going to continue changing and most will likely fail, but a handful will be successful in creating meaningful applications, shaking up the token market completely.

So, pay attention. Screw the buzz – these tokens are more than a passing trend, they’re here and they’re here to stay. Trust me on this.