Artificial intelligence cryptocurrencies are still making sizable gains—just as asset manager Franklin Templeton highlights how big AI and crypto could be together.
Franklin Templeton said in a Tuesday note that how AI agents interact on blockchains is “very exciting.” And it noted the current buzz surrounding AI16z and the Virtuals Protocol—two tokens that have made some of the biggest gains over the past 24 hours among the top 100 coins ranked by market cap.
AI16z is an investment DAO run by AI agents. CoinGecko data shows that over the past day, its native token has risen by over 18%—after slowing down last week—and is now trading hands for $1.30. It briefly fell out of the top 100 on Monday, but has recovered and bounced back into such valuable company.
The world’s biggest crypto exchange, Binance, announced earlier this month that it would launch perpetual futures contracts trading for AI16z. Even with today’s surge, however, AI16z is down 32% over the last week, and is 47%
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Author: Mathew Di Salvo
