Tokens connected to artificial intelligence are predicted to significantly increase in value and reach $60 billion in 2025, according to the CEO of cryptocurrency exchange Bitget.
Growth of the AI Token Market
Gracy Chen, CEO of Bitget, told Cointelegraph that initial use cases for AI agents will include crypto transactions such as trading and wallet management. According to a report by CoinGecko, by the fourth quarter of 2024, the market cap of AI agent tokens surged by 222%, rising from less than $5 billion in October to upward of $15 billion by the end of the year.
AI in Cryptocurrency Use
AI agents are expected to take on a prominent role within the Web3 ecosystem next year, with cryptocurrency trading being one of the early use cases. As of December, Web3 hosted around 10,000 AI agents that collectively earned millions of dollars from on-chain activities each week. It is expected that by the end of 2025, this number will grow to one million active agents.
Competition with Memecoins
Despite an expected fourfold increase, the aggregate market cap of AI agent tokens will still lag behind that of memecoins. Memecoins have taken the top spot for investor interest this year, accounting for nearly a third of total interest in cryptocurrencies.
AI agent tokens continue to rapidly develop, offering new opportunities for investors and developers within Web3. However, they face stiff competition from memecoins, which continue to capture the attention of a significant portion of the market.
