Written by: Ignas, Crypto KOL

Compiled by: Felix, PANews

Forget the memecoin super cycle; AI Agents overshadow everything, and it goes far beyond that. The following chart compares the price performance of AI Agents with other narratives:

Over the past 3 months, the overall market value of the AI Agents narrative has increased by 7000% (driven by new products), while Memecoins have only risen by 15.19%.

As shown in the chart, given the volatility of newly launched AI tokens, AI Agents have performed exceptionally well over the past 30 days, rising by 75%, while Memecoins have fallen by 25%.

There are several reasons to compare Memecoins with AI Agents:

First, the rise of the memecoin craze is driven by low float and high FDV VC tokens. Most AI Agents keep these cautionary tales in mind and launch with little to no VC funding.

More importantly, many AI Agents tokens are launched in a manner similar to memecoins on platforms like Pump.fun or AI incubation sites like Virtuals. They start trading at a lower market cap, allowing early buyers to profit from the rise. Without memecoins, the performance of AI Agents might be completely different.

Secondly, AI Agents possess a distinct, self-updating culture, even a 'cult meme,' with some practicality.

Just like aixbt continuously adapts to the current narratives and themes. They are also native cryptocurrencies, while OG memecoins are cultural imports from Web2 (with a few exceptions, like $PENGU).

In contrast, OG memecoins are stagnant and require constant support from the human community to remain relevant/vibrant.

As crypto KOL redphone said, 'There's nothing more exhausting than memecoins.'

Finally, AI Agents successfully captured market attention from memecoins and correspondingly achieved liquidity transfer. The author previously witnessed the changes in one of his wallets:

A Degen hot wallet that trades freely, chasing popular narratives, has unknowingly completely swapped its portfolio from pure memecoins to AI Agents. The returns of this wallet have risen significantly, but if it still held those memecoins, the returns would have been dismal.

So, is this the AI Agents super cycle or just a simple narrative rotation?

Crypto KOL redphone mentioned in predictions for 2025 that 'ordinary' memecoins will launch agent mascots/endorser robots (or memecoins will slowly decline until they become insignificant).

This is a bold prediction, but if it happens, it shouldn't be surprising.