AI代理代币成为加密市场新热点，老牌AI概念代币遇冷

1月7日在美国CES 2025上，英伟达创始人、AI行业领军人物黄仁勋表示：“AI Agent有望成为下一个机器人行业，市场规模达数万亿美元”。

At CES 2025 in the United States on January 7, Jensen Huang, founder of Nvidia and a leading figure in the AI industry, stated: "AI Agents are expected to become the next robotics industry, with a market scale of trillions of dollars." Although the audience at the event reacted lukewarmly to this bold claim, the crypto industry has long since bought into AI Agents—tokens related to AI Agents such as VIRTUAL, ai16z, and swarms have become some of the few focal points of attention in the recent market, and their price trends have performed notably better than the overall market; in contrast, many established AI concept projects, such as FET, WLD, and ARKM, have recently appeared somewhat desolate, with their price performances significantly down from their highs.

1月7日在美国CES 2025上，人工智能行业领军人物、英伟达创始人黄仁勋表示：“AI Agent有望成为下一个机器人行业，市场规模达数万亿美元。”尽管现场观众对这一大胆的说法反应冷淡，但加密行业早已开始买入 AI Agent——VIRTUAL、ai16z、swarms 等与 AI Agent 相关的代币成为了近期为数不多的关注焦点之一。市场，其价格走势明显好于整体市场；相比之下，许多成熟的AI概念项目，如FET、WLD、ARKM等，近期却显得有些惨淡，性价比较高点大幅下滑。

Odaily Planet Daily will conduct a comparative analysis of new and old AI concept tokens in this article, providing a glimpse into market trends.

Odaily星球日报将在本文中对新旧AI概念代币进行对比分析，窥探市场趋势。

Status of New and Old AI Concept Tokens: AI Agent Tokens in High Demand, AI Concept Tokens Encountering Coldness

新旧AI概念代币现状：AI代理代币需求旺盛，AI概念代币遇冷

From a market perspective, AI Agent tokens represented by VIRTUAL, ai16z, and swarms are undoubtedly the most eye-catching projects at present. Compared to AI concept tokens like FET, WLD, and ARKM, the former not only integrates the AI concept but also presents a more grand narrative, lower participation barriers, and greater expected returns. Upon closer examination, I personally believe the reasons mainly include the following aspects:

从市场角度来看，以VIRTUAL、ai16z、swarms为代表的AI Agent代币无疑是目前最受瞩目的项目。相比FET、WLD、ARKM等AI概念代币，前者不仅融合了AI概念，而且呈现出更宏大的叙事性、更低的参与门槛、更高的预期回报。仔细分析，我个人认为原因主要有以下几个方面：

Market Inertia of Favoring the New Over the Old: New Cars Attract More Attention, Old Cars Are Too Heavy

推新换旧的市场惯性：新车更受关注，旧车太重

As an industry that operates 24/7, the cryptocurrency market's enthusiasm for new hotspots and technologies can be said to be a common trait, leading to the practice of "favoring the new over the old" in token trading: for market retail investors and the crypto community, compared to the "old AI coins" that have a large number of buyers, concentrated chip distribution, and a wide range of trapped groups, the new coins related to AI Agents are undoubtedly more attractive—lower entry barriers, whether in terms of the price of a single token or the overall market capitalization, provide more opportunities to get involved with AI Agent tokens.

作为一个 24/7 运行的行业，加密货币市场对新热点、新技术的热情可以说是一个共同的特质，导致代币交易出现“推陈出新”的做法：对于市场散户和投资者来说，加密社区中，相比于购买者数量多、筹码分布集中、被困群体广泛的“老AI币”，与AI特工相关的新币无疑更具吸引力——进入门槛更低，无论是从单个的价格代币或整体市值，提供更多参与AI代理代币的机会。

More Attractive Narratives: AI Agents Are Far More Engaging Than "Riding the AI Concept"

更有吸引力的叙述：人工智能代理比“驾驭人工智能概念”更有吸引力

From the narrative perspective, which is the most discussed in the cryptocurrency industry, events such as issuing tokens, trading tokens, and interacting with fans on social media related to AI Agents are undoubtedly more interesting, fun, and conducive to discussion than trying to "hard shape" a serious project to ride the AI concept.

从加密货币行业讨论最多的叙事角度来看，与AI Agent相关的发行代币、交易代币、在社交媒体上与粉丝互动等事件无疑比试图“更有趣、更好玩、更有利于讨论”。 Hard Shape”是一个利用人工智能概念的严肃项目。

With the emergence of Truth Terminal (GOAT), the cryptocurrency industry has essentially opened a Pandora's box for AI Agents, liberating the power of AI in ways that many had not previously anticipated, endowing cryptocurrency with a stronger technological attribute, futuristic quality, and a narrative with greater imaginative space—AI Agents in the crypto field can do more than just help humans produce content; they also have the potential to directly participate in human social and economic activities and currency transactions.

随着真相终端（GOAT）的出现，加密货币行业本质上为AI智能体打开了潘多拉魔盒，以很多人之前没有想到的方式解放了AI的力量，赋予了加密货币更强的科技属性、未来品质和可操作性。具有更大想象空间的叙事——加密领域的人工智能代理可以做的不仅仅是帮助人类生产内容；它们还有可能直接参与人类社会经济活动和货币交易。

Differences in Project Roadmaps: Teams, Technologies, and Development Directions Vary Greatly

项目路线差异：团队、技术、发展方向差异较大

In terms of project development roadmaps, the current AI Agent and token projects exhibit certain differences compared to the established AI concept token projects.

从项目发展路线来看，当前的AI Agent和代币项目与已建立的AI概念代币项目相比存在一定的差异。

On the team level, AI Agent and token projects are often backed by independent developers in their early stages. On one hand, AI and AI Agents provide developers and even ordinary people with a lower-cost, lower-barrier development path; on the other hand, relatively independent developers can respond more quickly to market hotspots and adjust project directions based on market feedback, with lower decision-making and optimization iteration costs, which aligns more with the "grassroots" positioning. In contrast, established AI concept projects often start with mature teams that have grand missions and visions, aiming to attract high-value investments through grand narratives, with project development measured in years and being more accountable to investors rather than originating from the community. For example, FET (Fetch.ai) is a typical case, having raised $5 million in March 2021 and $40 million in March 2023, and being the second crowdfunding project issued through Binance IEO, which can be seen as a product of top-tier resources.

在团队层面，AI Agent 和代币项目在早期阶段往往得到独立开发人员的支持。一方面，AI和AI Agent为开发者甚至普通人提供了一条成本更低、门槛更低的开发路径；另一方面，相对独立的开发者可以更快地响应市场热点并根据市场反馈调整项目方向，决策和优化迭代成本更低，这更符合“草根”定位。相比之下，成熟的人工智能概念项目往往始于具有宏伟使命和愿景的成熟团队，旨在通过宏大的叙事吸引高价值投资，项目开发以年为单位，对投资者更加负责，而不是源自社区。例如，FET（Fetch.ai）就是一个典型案例，2021年3月筹集了500万美元，2023年3月筹集了4000万美元，是第二个通过币安IEO发行的众筹项目，可以看作是顶级的产品。资源。

On the technology level, previous AI concept token projects tended to view technology as a tool and packaging, emphasizing practical use cases and user scenarios, but the actual business implementation was often far from AI, creating a strong sense of distance from users; whereas the current AI Agent and token projects are relatively more straightforward, with their technological origins rooted in the AI technology that has emerged after a technological explosion, making the understanding barrier lower and the technological extensibility stronger, allowing users to personally engage in practical operations, with user education on technology being more direct and in-depth.

在技​​术层面，以往的AI概念代币项目倾向于将技术视为工具和包装，强调实际用例和用户场景，但实际业务落地往往与AI相去甚远，与用户产生强烈的距离感；而目前的AI Agent和Token项目相对来说更加简单，其技术根源植根于技术爆发后出现的AI技术，理解门槛更低，技术扩展性更强，可以让用户亲自参与实际操作，用户的技术教育更加直接和深入。

In terms of development direction, established AI concept token projects emphasize building the future digital economy with AI, which sounds more like "pie in the sky,"

从发展方向来看，已有的AI概念代币项目强调用AI构建未来数字经济，听起来更像是“天上掉馅饼”。