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ZachXBT says 99% of AI Agent tokens are worthless

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ZachXBT suspects that all AI Agent tokens currently have a negative value for the market and do not really have practical application compared to other projects.

ZachXBT, a well-known investigator in the blockchain community, has voiced a warning about the explosion of tokens related to Agenti AI, claiming that most of them are just scam projects.

In a post on X (Twitter), ZachXBT stressed that 99% of AI agent tokens are actually gimmicks. He comments that these projects are even worse than previous trends such as the memenoin, because while the memenoin doesn't promise anything, the AI tokens try to build a fake image to attract inexperienced buyers.

This view is intended to answer a question from an X user named Justin Taylor, who questioned the need for tokens in AI agent projects. Taylor said the hype around AI agents today is similar to the trend in previous GameFis, where tokens were often used as marketing tools but ended up hurting investors.

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The founders on Solana claim that Ai Agents is being overrated. Source: Blockworks

ZachXBT's concerns align with a recent survey of founders in the Solana ecosystem, in which the majority of developers expressed skepticism about the true value of AI agents. One founder argued that AI agents do not bring the necessary value to blockchain and serve only as an advertising tool rather than an essential need in the industry.

Despite the many negative opinions, not everyone in the industry agrees with ZachXBT. Haseeb Qureshi, founder of Dragonfly Capital, is optimistic about the future of AI agents. He predicts that by 2025, AI agents will become indispensable tools in decentralized ecosystems, automating tasks such as transactions, data aggregation, and administrative voting. According to him, this technology will bring greater efficiency and simplify many aspects of blockchain management.

 
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The AI segment is the second most noticed segment of the market today. Source: Coingecko

Although memoins remain dominant with 14.36% market share according to data from CoinGecko, in the last 6 months, AI has become the strongest growth area in the crypto industry. AI currently accounts for 72.30% of mindshare (market awareness), far outpacing other sectors such as DeFi (4.51%) or GameFi (2.87%). This shows that the interest and attention of the market is gradually shifting to applications of artificial intelligence technology on the blockchain.

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AI is the narrative that has the greatest mindshare at the moment. Source: @KaitoAI

The growth of AI is reflected not only by increased traffic, but also by the tremendous potential it brings to industries such as DeFi, supply chain management, and transaction automation.

This shift marks a major turning point, as AI is not only a prominent trend, but is also taking the lead in attracting the interest of investors and the community.

Is the market overestimating the value of AI Agent projects at the moment?