Top agentic AI platforms — including AI Rig Complex (ARC), ElizaOS (AI16Z) and Virtuals (VIRTUAL) — shed between roughly 75% and 90% of market capitalization since January
Tokens linked to artificial intelligence agents have lost up to 90% of their value since their 2024 highs, according to data from CoinGecko.
Top agentic AI platforms — including AI Rig Complex (ARC), ElizaOS (AI16Z) and Virtuals (VIRTUAL) — have shed between roughly 75% and 90% of market capitalization since January, according to data from CoinGecko.
Agentic AI tokens, which clocked massive gains in the fourth quarter of 2024, are among the biggest losers of the cryptocurrency market’s drawdown, which started in January.
The total crypto market cap is down by nearly 16% since January highs, according to CoinGecko.
“Looking at the charts of ai16z, $arc, and even Fartcoin, it’s clear that the trend has been downward, and many believe these tokens may never recover to previous levels,” Elon Money, a crypto trader and researcher, said in a Feb. 6 post on the X platform.
Fartcoin, an AI-related memecoin and one of the most widely-watched tokens of 2024, dropped by around 65% in the past 30 days to a market cap of around $430 million as of Feb. 6, according to CoinGecko.
Overall, AI agent tokens are cumulatively down by upward of 40% to roughly $6 billion from highs of more than $10 billion, according to CoinGecko.
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