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Cryptocurrency News Articles
AI Agent Tokens Poised to Soar in Value to $60B by 2025: Bitget CEO
Jan 15, 2025 at 11:34 pm
Initial use cases for AI agents will include crypto transactions, such as trading and wallet management, Chen said. Additionally, crypto exchanges will start launching AI agents to automate operations and improve customer service, she added.
Gracy Chen, the CEO of cryptocurrency exchange Bitget, recently shared her optimistic outlook for tokens tied to artificial intelligence (AI) agents, predicting a potential surge in their market capitalization to a total of up to $60 billion by 2025 in an interview with Cointelegraph.
According to Chen, some of the initial use cases for AI agents will involve crypto transactions, such as trading and managing wallets. Furthermore, she anticipates that crypto exchanges will begin launching AI agents to automate operations and enhance customer service.
“The technology is not mature for large-scale investments yet because it still needs human control,” Chen noted, adding that investors should “choose tokens that are backed by practical solutions [like] those replacing a programmer or automating tasks.”
Agentic AI tokens already account for roughly $15 billion in total market capitalization and approximately $875 million in daily trading volume, based on Chen's figures.
AI agent tokens by market cap. Source: CoinGecko
Burgeoning market
In the fourth quarter of 2024, the market cap of AI agent tokens surged by 222%, rising from less than $5 billion in October to upward of $15 billion by the end of the year, according to a report by CoinGecko.
Agentic AI tokens emerged as a category shortly after the launch of the Goatseus Maximus (GOAT) coin on Solana in October, CoinGecko said.
Solana became the dominant blockchain for AI agents, boasting a 56.48% market share with a capitalization of $8.44 billion, the report showed.
Execs expect AI agents to transform Web3 in 2025, with crypto trading as an early use case
Industry executives expect AI agents to transform Web3 in 2025, with cryptocurrency trading emerging as an early use case.
In 2025, “AI agents are expected to take on a more prominent role within decentralized communities,” J.D. Seraphine, the CEO of Web3 AI developer Raiinmaker, told Cointelegraph.
As of December, Web3 hosted around 10,000 AI agents that collectively earned millions of dollars from on-chain activities each week, according to a report by VanEck. It expects upward of 1 million AI agents to populate blockchain networks by the end of 2025.
Top crypto categories by traffic market share from Jan. 1 to Dec. 21. Source: CoinGecko
Memecoin dominance
The expected 4x increase in the market cap of AI agent tokens will still leave it trailing that of memecoins, which Chen said “will likely experience another growth cycle this year.”
Memecoins took the top spot for mindshare in the crypto space this year, with almost a third of investor interest focused on the highly speculative tokens, a CoinGecko study found.
In comparison, interest in artificial intelligence-related crypto tokens was the runner-up narrative to memecoins, according to CoinGecko.
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- Wall Street Pepe ($WEPE) Captivates Crypto Community with Record-Breaking Presale, Raising Nearly $50M
- Jan 16, 2025 at 03:35 am
- Inching closer to nearly $50 million raised via presale collection, Wall Street Pepe ($WEPE) has captivated the entire crypto community with its record-breaking token launch.