- AI agents, currently valued at $17B, are projected to hit a $100B market cap, following patterns seen in NFTs and DeFi.
- The NFT market surged past $120B in 2022, and DeFi peaked at $180B in 2021, indicating massive growth potential for AI agents.
- Sub sectors like Agents x DeFi and Agents x Meme could collectively peak at $100B, highlighting new opportunities in the crypto space.
AI agents are emerging as the next big thing in the crypto market, according to Gremlin on X. With a current market cap of $17 billion, AI agents are projected to follow a movement similar to previous bull runs, potentially reaching a $100 billion market cap. Gremlin draws similarities with the explosive growth seen in sectors like NFTs and DeFi.
Growth in NFTs and DeFi
The NFT market had a remarkable growth in 2022, starting at around $35 billion and surging past $120 billion. This growth was driven by increased adoption and speculative trading, fueled by the increased utility and hype surrounding NFTs.
DeFi had a rise in 2021. The market cap began below $10 billion and peaked at approximately $180 billion within a year. This growth was driven by innovations in decentralized finance protocols, yield farming, and liquidity provision.
AI Agents up for a Surge
Currently, AI agents are valued at $17 billion, indicating early stage growth with high potential. A projected upside suggests that AI agents could see the exponential rise witnessed in NFTs and DeFi, possibly reaching or surpassing a $100 billion market cap by 2025.
This prediction is dependent on accelerating adoption and the integration of AI within decentralized markets. The projection for AI agents’ market cap growth is similar to the parabolic patterns seen in previous cycles, an opportunity for early investors.
New Frontiers in AI x Crypto
New technologies and use cases are continually emerging. Sub-sectors like Agents x DeFi, Agents x Infrastructure, and Agents x Meme are expected to collectively reach a $100 billion peak. The development of AI driven innovations within crypto promises to unlock new capital and utility, further fueling growth.
Gremlin advises traders to focus on strategic entry points, cautioning against rushing into high cap investments. Instead, attention should be on new launches anticipated in Q1, which may offer fresh opportunities for growth in the crypto market.