AI agents are the 2025 evolution of the AI coin story: not just tokens associated with AI infrastructure, but tokens that represent individual autonomous agents running LLM-based logic on-chain. Virtuals Protocol pioneered the model on Base with tokens like LUNA and AIXBT. ai16z built a DAO with Eliza as an AI agent CIO. dozens of smaller projects followed.
The honest take is that most of these “agents” are thin LLM wrappers posting to Twitter under a token ticker, and the category is heavily speculative. A small handful — AIXBT’s crypto analysis, Truth Terminal’s genuinely unhinged posts — have produced content that people actually engage with. Whether any of it is sustainable is an open question.
For related context see the AI coins sector and AI meme coins sector. Data below is live from CoinGecko.