The AI Agent coin narrative has now completely captured the cryptocurrency community. What was a cumulative market capitalization of only about $2 billion in early 2024 has now seen a massive 8-fold increase and now stands at about $16 billion.
Virtuals Protocol tops the charts as one of the leading tokens in the industry. The decentralized platform that allows users to develop and monetize AI agents across various industries, from the metaverse to gaming to digital art, has seen a massive increase of close to 4,000% since October 2024.
Will this AI agent currency continue to grow over time?
What is virtualization protocol?
Virtuals Protocol is a decentralized platform for AI enthusiasts. Founded in 2021 by Prakash Somusundaram, Colin Zhou, Christopher Johnson, and Matthew, this platform allows users to develop their own AI agents and invest across different areas of the blockchain.
The main features of this ecosystem include the following four elements:
Artificial intelligence agent creation and coding
This includes the basic premise of the Virtuals Protocol, allowing users to create artificial intelligence agents that can perform specific tasks within different domains of the blockchain. These AI agents can then be tokenized into ERC-20 assets.
Game frame
The main distinguishing feature of the Virtuals protocol stems from this GAME framework. Short for “Multimodal Autonomous Generative Entities,” a method for creating AI agents using minimal code and modular systems. This approach fosters creativity, enabling the creation of ecosystems that include agent-to-agent interaction and commerce via on-chain records and smart contracts.
Shared ownership of AI models
Using the Virtuals Protocol, developers can co-own virtual assets, such as AI companions as well as virtual influencers. It is a model that allows developers to interact with each other to develop more powerful AI agents, and its appeal lies in the partnership between multiple entities.
Generating revenue through artificial intelligence agents
The final component of AI agents focuses on revenue generation. AI agents are designed to generate revenue through app integrations, inference drawings, and user interactions. The generated income is first stored within on-chain assets and then distributed among developers or parties that own the AI agent.
Many AI agents created on virtual machines have themselves become high-value assets
The Virtuals Protocol has enabled the creation of some of the most accurate AI agents in the industry. The most notable of which is ai16z. It is referred to as a special momentum engine that allows investors to search for the best investment opportunities.
Another popular AI agent is Luna, who is the lead singer of an AI girl group and has caused quite a stir across TikTok and other social media platforms.
Virtual Protocol Price Actions
Most of the first days of 2024 saw the Virtuals Protocol not getting any significant attention at all. This can be blamed on market volatility and multiple market crashes, particularly Black Monday on August 15.
However, the virtual price gained momentum in late October 2024, rising by a whopping 650% before consolidating around the $0.5 region. This sideways trend continued until November 24, 2024, after which this AI coin gained massive momentum that pushed its price to an all-time high by January 1, 2025.
This represents an 850% increase in its price. Multiple factors contributed to this upward price movement. The most important of which were the rapid developments within the ecosystem. The shared ownership of AI Agents was launched on the main chain in October.
Other contributing factors were the artificial intelligence agents developed within the Virtuals protocol ecosystem. The popularity of these agents in the entertainment industry has extended to virtual price action, which has led to its growth.
In the past month, the virtual price has risen by more than 28%. The token is currently trading around the $3.4 level and has a market cap of over $2.2 billion.
Predicting virtual protocol prices
2025
2025 could be a bull year for the Virtuals Protocol as the AI agent narrative becomes very strong. Moreover, market momentum should also be taken into consideration. Provided the narrative remains strong, and AI agents generate more hype in 2025, the hypothetical price could reach $8 by the end of 2025.
This optimistic forecast also comes from the expectation that Bitcoin will reach new highs this year.
2026
Virtuals Protocol currently ranks second on the list of top AI Agent Coins by market cap. Therefore, the value of this token is expected to increase in 2026 as well, if the AI agents created on it also see a significant price rise. You should also monitor how the Virtuals Protocol community continues to respond to project proposals.
Depending on these factors, the default price could reach $10 or $12 by 2030.
2030
It is difficult to estimate how the price of Virtuals Protocol will perform in the long term. Many AI agents can be created, and most of them may end up competing with each other. How innovative these AI agents are and whether they are able to tackle real-world problems will contribute to how the virtual price moves on the price chart.
New AI Agent Coins alternatives
Although the Virtuals Protocol continues to foster a strong community, investors should also consider diversifying their investments so as not to give this protocol a monopoly on the ecosystem. The AI agent space will flourish if there are more diverse voices, and one of the newest opportunities to consider within this sector is Baby’s mind.
MIND of Pepe is an artificial intelligence agent developed on the Ethereum blockchain. This blockchain project was developed by Elvora Labs to address current challenges in the investment industry. By leveraging real-time intelligence and rational analysis, MIND of Pepe is set up to assess market conditions and provide the best early investment opportunities.
Furthermore, the AI agent is designed to interact with the community on X. MIND of Pepe, a self-sovereign agent, will also allow users to create their own cryptocurrencies using a simple prompt.
Many YouTubers like Alessandro De Crypto have highlighted the advantages of this unique cryptocurrency project.
Most of the optimism comes from the fact that MIND of Pepe is not only an AI agent, but also a meme coin, meaning that massive gains could be possible in the short term after the cryptocurrency is listed.
The project has already raised more than $1.7 million. Those interested should visit the official website to participate.
Visit MIND of Pepe
