Virtuals Protocol, a decentralized platform that allows users to create, own, and monetize AI agents across various virtual environments, is seeing over 1,000 tokens being created every day. 

AI Agent tokens created on the platform now hold an overall market cap of more than $1.8 billion, according to CoinGecko. 

Are AI Agent Tokens the New Meme Coins? 

According to Dune data, more than 21,000 AI Agent tokens were created on Virtuals Protocol in November alone. Tokens like AIXBT and LUNA surged over 300% within days of launch. 

The platform’s popularity also drove its native token, VIRTUAL, to an all-time high last week, gaining more than 200% in November. 

AI Agent tokens represent fractional ownership and governance rights over specific AI agents within the Virtuals Protocol ecosystem. When a new AI agent is created, the protocol mints a fixed supply of tokens associated with that agent. 

These tokens are added to a liquidity pool, establishing a market for the agent’s ownership. Token holders can participate in decisions regarding the agent’s development and receive a share of the revenue generated through the agent’s activities.

According to users, the key appeal of Virtuals Protocol is its accessibility. It mirrors the App Store’s impact on mobile apps but adds a speculative layer similar to prediction markets, allowing users to invest in agents they believe in.

Developers receive direct feedback through market activity, users gain stakeholder incentives, and capital naturally flows to promising projects.

A Promising Fair Launch Platform or Another Pump.Fun? 

Given the operational model, the comparison between Virtu

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Author: Mohammad Shahid