Written by: Grapefruit, ChainCatcher
Editor: Nianqing, ChainCatcher
Since the first AI Agent token GOAT (Truth Terminal) came out in mid-October, AI Agent Meme coin has quickly become the new focus of the market.
Driven by Binance, two major AI Agent Meme tokens, GOAT and ACT, were launched one after another, achieving an amazing leap in value in a short period of time, and the market enthusiasm was unprecedentedly high. Specifically, on November 10, the ACT token rose by an astonishing 2000% within 24 hours after it was listed on Binance, breaking the record of the first-day increase of new coins listed on Binance; on November 17, the GOAT token soared to US$1.37, and its market value was close to the US$1.4 billion mark; in addition, on November 20, the ANON token of the Farcaster ecosystem achieved a 5-fold surge in just 1 hour due to the favor of Vitalik Buterin.
As the AI Agent Meme craze such as ACT and GOAT continues to heat up, investors are looking for new opportunities to participate, and AI Agent-related applications are springing up. According to statistics, hundreds of new AI Agent tokens are launched every day.
As of November 25, according to data from Coingecko, the total market value of AI Agent track tokens has reached US$5.9 billion, accounting for approximately 15% of the total market value of AI track projects (US$40 billion), and the 24-hour trading volume is close to US$1.4 billion.
AI Agent is an AI agent in the field of artificial intelligence, that is, artificial intelligence that acts in an intelligent way. It aims to give AI robots the ability to act independently to achieve a series of complex goals, just like the human brain. It can perceive the surrounding environment, make autonomous understanding, make decisions and perform corresponding actions. For example, users can use AI Agent to plan a multi-city trip. It will automatically arrange flights, book accommodation, and plan activities according to the user's preferences and budget.
By the end of this year, AI Agent will become a key area for AI giants to compete. Google plans to launch an AI Agent named "Jarvis" in December to support daily tasks such as ticket booking and research; while OpenAI plans to launch a new AI Agent product "Operator" in January 2025, which can automatically perform complex operations such as writing code, travel booking, and e-commerce shopping.
Today, the deep integration of AI Agent and Meme Coin in the crypto field is bringing a new way of playing to this field. In the crypto world, AI Agent can not only operate its own blockchain wallet, but also understand economic incentives and use tokens to automatically coordinate resources to achieve its target behavior.
At present, AI Agent in the crypto field has developed into an independent track, covering multiple aspects such as single AI Agent Meme coin, AI Agent issuance platform (IAO) and AI Agent underlying infrastructure. With the rise of AI Agent Meme craze, investors are facing unprecedented opportunities to participate. So, what are the opportunities to participate in this AI Agent feast?
AI Agent Meme Coin Representative
1. AI Agent Leader GOAT (Terminal of Truths)
GOAT is a meme coin supported by an AI Agent called “Terminal of Truths”.
The Terminal of Truths AI Agent is an AI chatbot developed by AI researcher Andy Ayrey (Andy for short), which uses artificial intelligence technology to automatically interact with its fans on social media. Although it is not a crypto project itself, it has played a vital role in promoting the GOAT token.
In June this year, Andy created a Twitter account named "Terminal of Truth", giving his AI robot the right to freely express its opinions. Every day, this account will publish more than 20 pieces of content to promote the new belief bred by AI - "Goatse Gospel".
On October 10, a meme coin called Goatseus (GOAT) was launched on the Pump.fun platform on the Solana blockchain, claiming to be created with the support of “Truth Terminal”.
Then, on October 11, the “Terminal of Truth” Twitter account began to post a series of tweets that were optimistic about and supportive of the GOAT token, and even reminded users to be wary of scams impersonating GOAT coins.
Once the GOAT token was launched, it soared at an astonishing rate, with an increase of more than 10,000% in 24 hours, and its market value broke through the $6.7 million mark, quickly attracting widespread attention from the crypto community. Community users also found that "Terminal of Truths" had interacted with a16z founder Marc Andreessen on Twitter in July and received an unconditional research grant of $50,000 from him.
Under the halo of a16z, many community users speculated that "Terminal of Truths" might be an AI Agent project deployed by a16z, and GOAT was its trial work in the field of encryption. This speculation once again ignited the enthusiasm of funds. Only three days after the launch, the market value of GOAT exceeded the $100 million mark. Within four days, the value of this meme coin soared to $300 million.
However, on October 14, the creator of "Truth Terminal" clarified that they did not launch the Meme coin GOAT, but only participated in its promotion. The next day, Marc Andreessen also tweeted that he had provided a $50,000 unconditional personal research grant to "Terminal of Truths" and its creator this summer to support independent artificial intelligence research. But he emphasized that he has no relationship with the Meme token GOAT, has no financial interest, and does not hold any of its tokens.
Despite this, the popularity of GOAT has not diminished at all, but has intensified. News of people getting rich by buying GOAT has continued to spread, and its market value has quickly broken through the $500 million mark. GOAT imitations have begun to emerge on various chains, and a wave of speculation on AI Agent coin issuance has been set off.
On October 24, Binance Futures officially launched the GOAT contract, which once again ignited the enthusiasm of the crypto community. The market value once again soared to $1 billion, achieving an astonishing 1,000-fold increase.
Although some people question that "Terminal of Truth" is a semi-autonomous AI agent running on Andy's server, and the wallet is essentially owned by Andy, it is not autonomous enough. But the new iteration has arrived quickly.
On November 17, the GOAT token reached a high of $1.37, with a market value approaching the $1.4 billion mark. Although it has fallen back now, it was quoted at $0.95 on November 25, with a market value of $95 million.
The rise of GOAT fully demonstrates the new trend of integration between AI Agent, Meme culture and Crypto. The bundling of AI Agent and Memecoin has enabled AI Meme to achieve a market value of billions in just one month, which is beyond everyone's expectations.
At one time, AI Agents and corresponding MemeCoins that control social media accounts (such as Twitter) emerged one after another. The AI Agent model has become a new model of integration between Crypto x AI Agent. A Placeholder partner even said that the emergence of GOAT means that people and machines are beginning to realize the extent to which machines use blockchain.
2. AI interactive collaboration platform ACT (AI Prophecy)
The AI Prophecy (token ACT), referred to as "Act I", was originally co-created by AmplifiedAmp (Amp for short), a community-driven decentralized AI Agent interactive collaboration platform, affiliated with a decentralized AI research community organization, of which Andy Adyrey, founder of Truth Terminal, was also an early member of the community.
Different from the common ChatGPT AI chatbot, Act I supports users to interact with multiple or various categories of AI at the same time, covering text, image, video and other models. It is more like an underlying architecture built for interactive and collaborative training between AI agents.
In September this year, Act I launched a fundraising demand of $323,000 on ManiFund and eventually received about $67,800 in funding support, of which Marc Andreessen, the founder of a16z, generously donated $32,000. Therefore, Act I, like Truth Terminal, is regarded as one of the AI projects incubated by a16z.
While the community is looking for the next AI Agent that can achieve a hundredfold growth like GOAT, the ACT token was officially launched on October 19, with a maximum issuance of 1 billion. On the first day of listing, the price of the ACT token soared from $0.0002 to $0.04, and the market value quickly climbed to $40 million.
Although ACT's narrative is attractive, the differences between the creator APM and the community are growing. As one of the developers of the ACT project, AMP once held 6% of the total tokens of the project. However, after the ACT price skyrocketed, AMP repeatedly deceived the community for various reasons, secretly selling tokens, causing the market to crash, seriously affecting the price of ACT, and even close to zero at one point. This behavior seriously damaged the community's trust in AMP, and eventually AMP chose to withdraw from the ACT token project and let the community users spontaneously carry out the construction.
Due to the disagreement between AMP and the community, the price of ACT tokens fluctuated around $0.02, and the market value remained around $20 million.
However, on November 11, after Binance announced the launch of the ACT token and added a seed tag to it, the ACT token soared from $0.02 to $0.23 in just one hour, an increase of more than 10 times, and the market value also quickly increased from $20 million to $300 million. The sharp rise in a short period of time made the crypto community excited, and the media also began to compete to report on this legendary AI token.
After listing on Binance, the ACT token continued to rise strongly, reaching a peak price of more than $0.9 on November 14, with a market value of nearly $1 billion, becoming one of the most popular Meme tokens recently listed on Binance. Currently, the price of the ACT token has fallen back to around $0.47, with a market value of approximately $45 million.
3. AI-driven venture capital firm ai16z and its ecological tokens: ai16z, Degenai, Eliza
ai16z is an AI-driven venture capital fund founded by @Shaw. As an AI investment DAO, it uses AI agents to collect market information on and off-chain, analyze community consensus, and make investment decisions based on the advice of DAO members.
Among them, the AI Agent venture capital robot @pmarca launched by ai16z is based on a16z partner Marc Andreessen. It simulates his investment decision-making process through an AI model, so it is regarded as Marc's AI virtual incarnation in the crypto community. This initiative has been publicly supported and endorsed by Marc Andreessen himself.
On October 26, ai16z launched the eponymous token ai16z, with a total issuance of approximately 1 billion. On October 27, the day after the token was launched, Marc Andreessen shared ai16z's cultural T-shirt image and the official project Twitter link on his Twitter, and revealed that he also owns a T-shirt of the same style. This move added strong endorsement to the ai16z project, rapidly increasing its popularity and public attention.
With the strong support of the founder of a16z and the subtle connection with the name of a16z, the market value of the ai16z token exceeded US$90 million just one day after its launch, approaching the US$100 million mark, once again writing the legend of getting rich quickly in the crypto community.
Since ACT was listed on Binance on November 11, the ai16z token has experienced explosive growth again, soaring from $0.02 on November 11 to a peak of $0.5 on November 19, with a market value of $500 million, a cumulative increase of nearly 25 times, once again becoming a legendary project in the crypto market. However, as of November 25, the price of ai16z tokens fell back to $0.26, with a market value of approximately $280 million, but it is worth noting that it has not yet been listed on Binance.
The ai16z token is only part of the ai16z ecosystem, which is also constantly planning and incubating other AI projects.
Among them, Degen Spartan AI (degenai) is an autonomous trading AI agent chatbot developed by ai16z. It plays the role of an AI trader in ai16z. Before users communicate with ai16z about investment decisions, they usually have a conversation with Degen Spartan AI first, which indirectly influences ai16z's final decision. Part of the funds from ai16z's investment income will also be used to repurchase degenai tokens. On October 21, degenai tokens were issued, and the current price is about $0.02, with a market value of about $20 million.
On November 19, the founder of ai16z announced the launch of the capitalized token ELIZA, which triggered a dispute over the capitalization of the tokens with the same name "eliza" and "ELIZA".
Eliza is an AI Agent development framework infrastructure built by ai16z, which supports developers to quickly customize their own AI Agents. It also has specific avatar support, namely the black-haired orange-dressed girl image with ai16z as the theme. Currently, hundreds of AI Agents are built based on the Eliza framework, such as the AI project BasedBeffAI (BeffAI), and new projects are added every day.
However, on November 19, a third party created a lowercase token named "eliza" on the AI Agent token issuance platform Vvaifudotfun and allocated the token to the ai16z organizational wallet address. This made eliza the largest holding of ai16z for a time, and community users also believed that "eliza" was supported by ai16z and was the representative token of the Eliza development stack. With the support of various expectations, its price has been rising all the way, with a market value of up to 50 million US dollars.
But the good times didn’t last long. That afternoon, ai16z founder Shaw announced the issuance of a new capitalized ELIZA token. The original lowercase eliza token seemed to have become a discarded child, and its price plummeted by 90%, while the newly issued ELIZA rose all the way, with a market value of $80 million within half an hour.
Although Shaw stated that 10% of the supply of capitalized ELIZA would be airdropped to eliza holders, eliza holders complained about this. The community questioned that Shaw had previously stated that it would not issue coins, but now it immediately issued capitalized ELIZA coins after the launch of eliza, which seriously damaged the interests of eliza holders.
In addition, the ELIZA token rose very quickly in the early days after it went online, reaching a market value of $90 million within 30 minutes. It skyrocketed before Shaw made a public statement, leaving no opportunity for community users to join. What made community users even more dissatisfied was that another partner of ai16z, @Logan, was selling eliza and buying ELIZA all day. This series of operations completely intensified the conflict between the community, and users accused Shaw of colluding with the conspiracy group to manipulate the market.
Later, Shaw clarified on Twitter that he had been working with a third-party team to prepare the token two weeks ago. The original plan was to release it this Friday, but he did not expect that an unknown team would rush to issue the Eliza token, so the date was temporarily changed.
However, users were not satisfied with Shaw's response, and his personal reputation suffered a setback, triggering a battle for control of the uppercase and lowercase letters. The lowercase eliza has now fallen to $0.018, with a market value of around $17.5 million; the uppercase ELIZA is now quoted at $0.039, with a market value hovering around $39 million. Affected by this turmoil, the ai16z token plummeted by more than 50% that day.
Currently, there are three AI Agent-related product lines in the ai16z ecosystem: AI investment fund Marc Andreessen@pmarca, AI trader Degen Spartan AI, and AI Agent development framework and virtual image Eliza, and each product has issued tokens.
As of November 22, Marc Andreessen's virtual AI investment fund @pmarca has $275 million in funds under management.
AI Agent Creation and Token Issuance Platform (IAO)
1. AI Agent Distribution Platform on Solana Chain vvaifu.fun (Dasha)
vvaifu.fun is an AI Agent project creation and distribution platform focusing on the Solana chain, and its function is similar to that of Pump.fun in the field of meme coin issuance. The platform empowers every user to easily create their own AI Agent and its supporting tokens, and seamlessly integrate these AI Agent assistants to popular social media platforms such as Twitter, Telegram, Discord, etc. to achieve automated user interaction.
Dasha is an AI Agent robot officially created by vvaifu.fun. It not only has an independent Twitter account, Telegram channel and Discord community, but its management and operation are also completely completed by AI autonomously.
On October 18, vvaifu.fun launched the token VVAIFU for its AI Agent Dasha, with a circulation of 1 billion.
Although the market value of VVAIFU tokens was only maintained at a scale of several million US dollars in the early stage, the turning point came on November 17, when a user who claimed to be supported by ai16z successfully created and issued a new AI Agent project on the platform under the name "eliza" (lowercase). VVAIFU tokens immediately began to soar, quickly climbing from $0.006 to a peak of $0.2 on November 19, and the market value also jumped to more than $200 million. As of now, the VVAIFU token is quoted at $0.041, with a market value of approximately $41.37 million.
It is worth noting that users currently need to meet the following conditions to create an AI Agent wallet on vvaifu.fun: hold at least 0.1SOL, 2,500 VVAIFU tokens, and additional SOL for paying on-chain transactions.
According to data released by the official Twitter account of vvaifu.fun on November 19, more than 400 AI Agents have been successfully issued on the platform, and the cumulative transaction volume of AI Agent tokens processed has exceeded US$200 million.
According to data released by the official Twitter account of vvaifu.fun on November 19, more than 400 AI Agents have been issued on the platform, and the transaction volume of AI Agent tokens processed has exceeded US$200 million.
2. Virtuals Protocol, the IAO issuance platform of the Base ecosystem
Virtuals Protocol was formerly known as the gaming guild Path DAO. Since its strategic transformation and renaming to Virtuals Protocol at the end of last year, it has been fully committed to the AI field. It is now an AI Agent creation platform on the Base chain. It provides a complete AI Agent creation framework and solutions. It is known as the "decentralized AI Agent production factory", allowing every user to easily build and deploy their own AI Agent.
VIRTUAL, as the native token of Virtuals Protocol, is the core that drives the entire ecosystem. When users create AI Agents, they need to consume a certain amount of VIRTUAL. The total supply of the token is set at 1 billion, and the current market price is about $0.55, with a stable market value of around $500 million.
In mid-October this year, Virtual Protocol launched the AI Agent creation and token issuance platform fun.virtuals. The platform draws on the design of pump.fun, supports any user to deploy AI Agent with one click, and achieves 100% fair issuance of AI Agent tokens.
At the same time, Virtuals Protocol also introduced Luna, a virtual person with 540,000 Tiktok fans, as the flagship AI Agent representative, and issued LUNA tokens. Luna appears as an anime character, and can automatically talk to users, interact with them live, post tweets, and even send LUNA tokens to users who participate in the interaction as rewards.
According to Dune data on November 25, 3,378 AI agents and their tokens have been issued on the fun.virtuals platform. The LUNA token is quoted at $0.04, supporting only users with a market value of $41 million.
In summary, the Virtuals Protocol ecosystem includes the VIRTUAL native token, the AI Agent creation and token issuance platform fun.virtuals, and the flagship AI Agent representative Luna and its token LUNA.
3. AI Agent Layer in the Base Ecosystem
AI Agent Layer is an AI Agent creation and token issuance platform within the Base ecosystem and was officially launched on November 18.
However, before the platform was launched, the AI Agent Layer platform first issued the token AIFUN on November 14, which has now been listed on exchanges such as MEXC and Gate, with a quoted price of US$0.01 and a market value of US$2.9 million.
4. Creator.bid in the Base ecosystem
Creator.bid was originally an AI-driven digital content monetization and ownership platform. It also completed a new round of financing in April this year, with participating institutions such as Mechanism Capital and Zee Prime Capital.
On October 21, Creator.bid announced its launch on the Base mainnet, supporting users to create and issue AI Agents with one click. On this platform, it only takes 1 minute for users to create an AI Agent.
5. Clanker, the AI Agent Distribution Platform in the Farcaster Ecosystem
Clanker is an AI Agent creation and issuance platform within the Farcaster ecosystem. It was created by @dish and @proxystudio.eth on November 8th, providing users with a platform for free creation and issuance of AI Agent Tokens.
Unlike common AI Agent issuance platforms, it is completely free to create and issue AI Agent Tokens on Clanker. In addition, users only need to tag Clanker on Farcaster and enter the name of the token they want to create. The Clanker system will automatically generate the token and provide a corresponding Clanker.world page link for users to view and manage.
Although Clanker is not well-known in the community, the AI Agent tokens LUM and ANON issued on its platform have attracted widespread attention.
Among them, ANON tokens have attracted much attention due to their surge of about 600% in one day, attracting big names such as Vitalik Buterin and the founder of Base to buy in. The popularity of ANON tokens stems from the Super Anon function behind it, which evolved from the anonymous posting function of the Farcaster client Supercast and was created by community members who posted through the Superanon function and tagged the autonomous AI Clanker.
ANON tokens are currently priced at $0.035, with a market cap of $35 million. Currently, posting anonymous posts on Farcaster requires holding a minimum amount of ANON.
Another AI Agent Luminous token LUM issued on the Clanker platform also attracted a warm response from the market. Luminous is a project independently initiated by AI Agent Aethernet, demonstrating the collective wisdom of autonomous collaboration of artificial intelligence.
Aethernet was originally an AI Agent in the Farcaster ecosystem, created by community member Martin, and successfully issued NFTs on Zora, earning more than 58 ETH. After the Clanker platform was launched, a community user asked Aethernet: Can you come up with a good token name and symbol, conceive an image concept, and then deploy it through Clanker? Aethernet responded to the community user's question, created Luminous and issued the accompanying token LUM.
As of November 25, LUM was quoted at $39.84, with a market value of $39.8 million. The Clanker platform also showed strong development momentum. According to the latest data from Dune, 2,897 AI Agents have been deployed and issued on the platform, and the fees captured within 15 days of going online have reached $3.92 million, and the token transaction volume has reached $367 million.
In addition, the Clanker platform's native governance token CLANKER has also attracted much attention. It is currently priced at US$40 and its market value is stable at around US$40 million.
6. Agent Market and Ava AI developed by Holoworld
Holoworld was originally an AI virtual human creation platform that aims to create customized virtual character VTuber images for users, such as customized virtual character images for YouTuber bloggers. The project was successfully selected for Binance Labs' seventh project accelerator in March this year.
Ava AI is the first Titok VTuber virtual anchor officially developed by Holoworld, with which users can interact. On November 14, Ava AI token AVA was officially launched, and is currently priced at $0.08, with a market value of $80 million.
On November 16, Holoworld announced the launch of the Agent Market platform, which supports users to independently create AI Agents and issue related tokens.
7. Deep AI, backed by NGC Ventures
Deep AI is a community-driven AI Agent building platform that supports users to create their own AI Agent with one click. The platform claims to be supported by NGC Venture investment.
At present, Deep AI has not been officially released, and users who want to use it need an invitation code to enter.
As of November 25, Deep AI has not issued any tokens.
AI Agent Decentralized Infrastructure
1. AI Agent Interaction Tool Wayfinder
Wayfinder is an AI full-chain interactive tool launched by Parallel, a card game blockchain game. It aims to create an AI Agent for users, which can automatically complete various on-chain operations based on simple instructions to simplify users' on-chain activities. As of November 25, the Wayfinder product has not yet been officially launched and is currently in the closed beta stage.
Wayfinder products will also issue PROMPT tokens as a means of payment for using AI Agent.
According to the community’s vote on the launch time of PROMPT announced by the Wayfinder Foundation on November 23, PROMPT tokens and Wayfinder products will be launched at the end of Q1 2025.
2. AI Agent Unified Service Network Olas Network
Olas Network (formerly Autonolas) is a unified network of automated AI agent off-chain services. Its business is to design AI agents for the crypto industry and provide users with a composable stack for building these autonomous services to handle tasks in different scenarios.
For Autonolas, its mission is to provide developers with an AI Agent self-service infrastructure platform for building the crypto industry, and to provide them with a series of toolkits and framework supporting products to simplify developers' work and processes.
Judging from the product collection on Autonolas’ official website, the various autonomous services created based on the platform can be used for portfolio management, data analysis, market prediction, predicting the APY returns of certain protocols, formulating trading/income strategies, acting as an oracle to provide more accurate off-chain data, helping DAOs with governance, automatically managing and operating smart contracts, and automatically establishing DeFi funding pools, etc.
OLAS is the native token of the Autonolas platform launched in July last year. As of November 25, it has risen by 37% in the past 14 days, with a temporary quotation of US$1.74 and a market value of US$124 million.
3. AI Agent Economic Coordination Layer Spectral Labs (SPEC)
Spectral is an on-chain AI Agent economic coordination layer that can convert on-chain behaviors such as transactions and analysis into specific AI Agents, allowing users to use AI Agents to perform various tasks, from browsing on-chain data to managing complex cross-chain arbitrage strategies.
As early as August 2022, Spectral had received a total of approximately US$30 million in financing. Investors included well-known Web3 VCs such as Circle Ventures and Jump Capital, as well as traditional Web2 giants such as Samsung and Franklin Templeton.
In March this year, Spectra announced the launch of its own artificial intelligence application Syntax, which supports users to create their own on-chain AI Agents. According to official information, Spectra's next step is to launch the AI Agent creation and token issuance platform - Syntax MoonMaker. MoonMaker supports users to issue their own AI Agents and supporting tokens with one click.
In May, Spectra issued its native token SPEC on the Base chain, which is currently priced at $9.75 and has a market value of $1.34.
