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Cryptocurrency News Articles

AI Tokens Pump Following Franklin Templeton Report Predicting AI Agents Will Revolutionize Content Generation on Social Media

Jan 15, 2025 at 12:04 pm

Several artificial intelligence-based tokens have surged following a new Franklin Templeton report predicting that AI agents will revolutionize content generation on social media.

AI Tokens Pump Following Franklin Templeton Report Predicting AI Agents Will Revolutionize Content Generation on Social Media

Artificial intelligence-based tokens experienced a surge in value on Jan. 15 following a report from Franklin Templeton predicting that AI agents will revolutionize content generation on social media.

According to the report published on Jan. 14, AI agents are expected to play a crucial role in various industries and platforms.

“We can envision a future where AI agents revolutionize content generation on social media and play an integral role across various industries and platforms,” wrote Franklin Templeton in the report on AI agents.

“Like today’s human influencers, these agents could launch their own brands, products, music, movies and more, driving significant economic value to their ecosystems,” it added.

AI agents, also known as agentic AI, refer to artificial intelligence systems capable of autonomous decision-making and goal-directed behavior. These systems can autonomously understand complex goals, execute multi-step reasoning processes, make decisions and take actions with minimal human intervention.

However, the Franklin researchers highlighted that AI agents are still in the early stages of development.

“While the potential for AI agents is vast and exciting, it’s important to note that the technology is still in its early stages of development and faces challenges such as alignment with human values, legal frameworks and scalability,” reads an excerpt from the report.

Several artificial intelligence-based tokens were mentioned in the Franklin Templeton report, and some of them, such as Virtuals Protocol (VIRTUAL) and ai16z (AI16Z), saw price surges in response.

According to data from CoinGecko, VIRTUAL was trading up more than 8% on the day, rising above $3 during early trading on Jan. 15. Meanwhile, ai16z, an investment decentralized autonomous organization (DAO) run by AI agents, pumped 20% to top $1.40 in an intraday high.

Other AI tokens were also performing well on Jan. 15. Near Protocol (NEAR) topped $5 following a 6.5% daily gain, while Internet Computer (ICP) and Artificial Superintelligence Alliance (FET) both added around 5%. AIOZ Network (AIOZ) rose by 6%, and Freysa AI (FAI) surged 27% to reach $0.07.

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Other articles published on Jan 15, 2025