Jamie Coutts, the chief digital assets analyst at Real Vision, believes that the crypto sector, which is still in its early stages, could continue its upward trend for several more months. Coutts, who has 32,100 followers on the social media platform X, states that he expects crypto artificial intelligence (AI) agents to perform well in the coming months.
Crypto AI agents are protocols that are designed to autonomously carry out tasks on behalf of users, such as interacting with blockchains and decentralized finance (DeFi) platforms, as well as trading and managing portfolios.
Coutts explains, “The previous major crypto hype cycle lasted from November 2020 to May 2021, which was around six months. Subsectors like DeFi and NFTs (non-fungible tokens) lasted for approximately six to twelve months. Interest in AI agents in the crypto space started to gain momentum in November 2024. Based on historical trends, we can expect this trend to continue for at least another four months, but possibly longer. AI agents are different from other crypto assets as they have the potential to unlock opportunities for both established and new use cases.”
However, Coutts warns that crypto AI agents could experience a significant correction after reaching their peak in the cycle. He advises caution and careful position sizing due to the potential for scams during this period. Nevertheless, he believes that there is still further room for growth in this space.
According to CoinGecko, a cryptocurrency data aggregator, some of the top 100 digital assets by market cap that focus on AI include Artificial Superintelligence Alliance (FET), Virtuals Protocol (VIRTUAL), and ai16z (AI16Z).
The Artificial Superintelligence Alliance is a collaboration of various decentralized AI platforms that aims to accelerate the development of decentralized Artificial General Intelligence (AGI) and Artificial Superintelligence (ASI).
Virtuals Protocol is a platform that facilitates co-ownership of AI agents.
On the other hand, the ai16z crypto project utilizes AI-driven insights to guide investments in blockchain projects.
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Image: Midjourney
