Why Agent Tokens Are Pumping ($)
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Sponsor: Mantle — Mass adoption of decentralized & token-governed technologies.
- 👨⚖️ BlackRock's BTC ETF Sees Record Outflows. Yesterday, IBIT saw $332 million in net outflows, its biggest outflow since launch.
- 🎂 BTC Turns 16. Bitcoin's genesis block was mined 16 years ago today by Satoshi Nakamoto.
- 🚀 Solayer Readies for Airdrop. Solana restaking platform Solayer is moving closer to a token launch and claim as it launches its foundation.
📸 Daily Market Snapshot: ETH's mid-December plunge took it from north of $4,100 to below $3,100, but the asset is mounting a recovery though it still certainly has a ways to go. The asset pumped above $3,600 Friday, showing 8% week-over week gains compared to BTC's 4% pump.
| Prices as of 4pm ET | 24hr | 7d |
|
Crypto $3.50T | ↗ 2.5% | ↗ 6.0% |
|
BTC $98,387 | ↗ 0.8% | ↗ 4.3% |
|
ETH $3,604 | ↗ 4.3% | ↗ 8.0% |
AI agents had just begun their mainstream breakout when I first polled Bankless AI Rollup co-hosts David Hoffman and Ejaaz Ahamadeen for their top plays from the emerging sector.
Fast forward a few weeks, and a number of these tokens are making record gains. Still while many tokens rode a wave of investor enthusiasm to new heights, others struggled to gain traction or collapsed under the weight of lofty expectations.
Here are how some of the most notable AI agent tokens performed in December 👇
Season 2: Methamorphosis is now live on mETH Protocol, following the launch of their governance token, COOK, and cmETH, the liquid restaked version of mETH. With cmETH, holders can enjoy yields across multiple restaking protocols like Karak, EigenLayer, Symbiotic, while earning Powder for more COOK.