Nearly Half of Crypto Analysts Are Optimistic About the Future of Crypto AI Tokens, CoinGecko Survey Reveals

A recent survey conducted by CoinGecko has revealed that nearly half of cryptocurrency analysts are optimistic about the future of crypto AI tokens

A recent survey by CoinGecko has found that nearly half of cryptocurrency analysts are optimistic about the future of crypto AI tokens, suggesting a positive outlook for this $23.6 billion sector.

Among the 2,632 respondents interviewed by CoinGecko between February and March, 25% expressed they were “fully bullish” and 19.3% said they were “somewhat bullish” on the prospects of crypto AI tokens by 2025.

Conversely, around 29% of respondents remained neutral, and a combination of 26.3% were somewhat bearish or bearish.

This varied sentiment comes as the crypto AI sector is discussed to be maturing, with analysts noting improved use cases and adoption of technology merging crypto and AI.

CoinGecko crypto research analyst Yuqian Lim noted that the anticipation surrounding crypto AI may indicate a shift in how participants are viewing the technology.

“This perhaps shows that crypto participants are not differentiating between crypto AI’s investing or trading potential and the technology itself,” said Lim.

From the analysis, it appears that the time is now for crypto AI to transition from a concept to a more developed and functional sector.

The tracker from CoinGecko highlights that some of the major players in the artificial intelligence coin market include Near Protocol (NEAR), Internet Computer (ICP), and Bittensor (TAO), which together have a market capitalization of about $23.6 billion.

Additionally, a separate categorization of AI agent coins, such as Artificial Super Intelligence (FET) and Virtuals Protocol (VIRTUAL), amounts to a combined market cap of approximately $4.5 billion.

The survey also differentiated between long-term investors versus short-term traders, as well as “early” and “late” adopters of crypto AI technology.

Interestingly, it was noted that the earlier adopters, identified as “innovators,” displayed greater bearishness compared to later adopters, with “laggards” being the most negative in their sentiment.

Weighing in on the current state of AI applications within the crypto sphere, partner at Theory Ventures, a venture capital firm focused on AI and crypto, Spencer Farrar shared his thoughts.

While he acknowledged a certain “frothiness” in the market, Farrar remains optimistic about the potential for more utility to emerge in the future. He anticipates more experimentation with crypto AI tokens, as they offer retail investors access to smaller market cap ideas that might not be easily discovered in traditional stock markets.

According to Farrar, the nature of the open-source world promotes tinkering before significant breakthroughs occur. He indicated that Theory Ventures is concentrating on decentralized GPU provider protocols, decentralized data providers, and payment infrastructures for AI agents leveraging blockchain technology.

Moreover, Farrar highlighted an intriguing opportunity—using crypto as a method for authenticating content as either AI-generated or human-generated.

With the increasing interest and investment in crypto AI technologies, market participants will likely be following developments and any adjustments in sentiment as the sector evolves.

The combination of AI advancements and crypto innovations could spawn a new era for both technologies, each fueling the other’s growth and utility in the digital economy.