With their explosive gains, meme coins have actually changed the fortunes of lots of financiers practically overnight. Their supremacy in the market is under risk.
According to Dragonfly Capital handling partner Haseeb Qureshi, meme coins will lose market share to “AI representative” coins. Qureshi explained this shift as a migration from “monetary nihilism to monetary over-optimism.”
Increase of AI Agent Tokens
In his current post on X, Qureshi stated that meme coins, understood for their dependence on web culture and speculative appeal, are being eclipsed by AI-themed tokens connected to self-governing systems or chatbots. While these “AI representatives” are presently simple and frequently count on human intervention so that it does not go “off the rails,” they are bring in attention due to the general public’s growing fascination with expert system.
Qureshi mentioned that the buzz around AI representative coins originates from their viewed energy and the pattern of utilizing AI in various markets. He is doubtful about their long-lasting success, forecasting that interest will fade as the novelty uses off and the technological restrictions end up being clearer.
“Right now these chatbots are interesting to us due to the fact that they are so unique. It’s like seeing an elephant paint. The very first time you see it, you do not truly care that the painting is not great– it’s incredible to see. The 1000th time, the novelty uses thin. I think that will begin to occur as these chatbots plateau.”
By 2026, he anticipates market belief to move, in which users would potentially prefer human-led tasks over AI-driven ones. While AI representative coins might control attention in 2025, he cautions that their effect might be short-term, driven more by buzz than substantive improvements.
AI Meme Coins Surpass $10B Market Cap
On January 2, AI meme coins jointly reached a market price of over $10 billion, according to CoinGecko, as it increased by more than 26% in the previous 24 hours alone. Throughout the exact same duration, the trading volumes struck $2.46 billion. ai16z topped the charts with practically a $2.66 billion market cap, while Fartcoin and Zerebro did the same with $1.3 billion and $770 million in worth, respectively.
The development follows last month’s downturn as December saw an $18% drop in the meme coin sector, with its worth falling from a $137 billion high up on December 9 to a little over $98 billion at month’s end. Rip-offs and carpet pulls were crucial consider the $40 billion loss.
SPECIAL DEAL (Sponsored)
Binance Free $600 (CryptoPotato Exclusive): Use this link to sign up a brand-new account and get $600 unique welcome deal on Binance (complete information).
RESTRICTED OFFER for CryptoPotato readers at Bybit: Use this link to sign up and open a $500 FREE position on any coin!
2018, BidPixels