AI Tokens Surge After Franklin Templeton’s Predictions for AI Agents

Artificial Intelligence (AI) entities have been making waves in the cryptocurrency sector recently. Notably, various AI-related tokens saw increases today after a fresh analysis by Franklin Templeton about AI agents was released.

The forecast indicates that AI agents are expected to significantly alter the landscape of content creation on social platforms, and bring about transformative changes across multiple industries.

Franklin Templeton’s Prediction: AI Agents Could Become the Next Big Thing

The asset manager admitted that there is merit to the excitement surrounding AI agents.

In Franklin Templeton’s January 14 report, they propose a vision for the future where artificial intelligence (AI) will significantly transform content creation on social media. These AI agents could become essential components not only in social media but also across multiple industries and platforms.

The company also mentioned that similar to modern-day human influencers, these AI agents might create their own brands, merchandise, music, films, and so forth. This activity could generate substantial economic worth within their respective environments.

AI agents, often called ‘agential AI’, are systems created to act independently and pursue specific goals. They have the ability to comprehend intricate objectives, engage in multi-step problem-solving processes, and execute actions with limited human intervention. Yet, it’s important to remember that this technology is still developing and is currently in its early stages, according to researchers from Franklin Templeton.

The report added, “Though these agents aren’t completely self-governing at present and aren’t particularly useful right now, this fast-growing field could offer substantial potential. Keep a close eye on its progress and development.

Templeton pointed out that Crypto AI Agents signify an innovative fusion of AI and cryptocurrency technologies. These intelligent agents employ artificial intelligence to manage tasks within blockchain networks, including data analysis, decision-making, and execution.

The report has reignited curiosity about various AI-related cryptocurrencies, as some have experienced significant price increases.

After the report’s publication, the value of projects such as Virtuals Protocol and AI16z experienced substantial increases. For example, VIRTUAL soared by almost 8% on January 15, reaching a temporary high of around $3.

Similarly, AI16z saw a 17.5% increase and was trading at $1.35 at press time.

Similarly, other AI-focused tokens experienced growth too. AIXBT skyrocketed by an impressive 28%, hitting approximately $0.7, and the Artificial Superintelligence Alliance token climbed up by 3.7% within the last 24 hours.

Franklin Templeton’s remarks come during a period of significant buzz surrounding the artificial intelligence (AI) agent industry. OpenAI CEO, Sam Altman, has recently predicted that AI agents will join the workforce by 2025. Nvidia CEO, Jensen Huang, even described AI agents as the next major step in the evolution of the workforce.

Read More

2025-01-15 13:55