Crypto AI Tokens: Bullish Sentiment on the Rise
Nearly half of the crypto experts surveyed are optimistic about the future prospects of crypto AI tokens, according to a recent survey. This positive outlook could be a promising sign for the burgeoning $23.6 billion crypto market sector.
Between February and March, CoinGecko conducted a survey with 2,632 respondents. The results indicated strong interest in crypto AI tokens for 2025. Approximately 25% of the respondents expressed a “fully bullish” sentiment, and another 19.3% were “somewhat bullish.” A significant portion, about 29%, remained neutral, while a combined 26.3% held somewhat bearish or bearish views.
The survey also examined sentiment towards crypto AI products. Yuqian Lim, a crypto research analyst at CoinGecko, noted that the increasing adoption of use cases combining crypto and AI may have driven this positive outlook. “This perhaps shows that crypto participants are not differentiating between crypto AI’s investing or trading potential and the technology itself,” said Lim. “Such market sentiments might in turn reflect expectations that now is the time for crypto AI to move beyond the conceptual stage and mature as a sector.”
CoinGecko’s crypto tracker highlights that the top artificial intelligence coins, based on market capitalization, total around $23.6 billion. Leading the pack are Near Protocol (NEAR), Internet Computer (ICP), and Bittensor (TAO). Another segment of AI agent coins, including Artificial Super Intelligence (FET), Virtuals Protocol (VIRTUAL), and ai16z (AI16z), collectively boast a market cap of $4.5 billion.
The survey, conducted from February 20 to March 10, classified participants as either long-term crypto investors or short-term traders. Participants also categorized themselves based on their adoption timeline for crypto AI.
The survey found more bearish sentiment among early adopters (“innovators”) compared to those who adopted later. The “laggards” showed the most bearish views, which was expected.
Spencer Farrar, a partner at Theory Ventures, a venture capital firm specializing in AI and crypto, recently commented that AI applications are “a bit frothy” at the moment, but more utility could emerge. Farrar anticipates further experimentation with crypto AI tokens, as they afford retail investors opportunities to speculate on ideas with smaller market caps, which are less accessible in the stock market.
“Things tend to start off like this in the open-source world; you see a ton of tinkering, and then perhaps we’ll see something really big come of it,” Farrar said.
Theory Ventures is closely monitoring crypto AI verticals such as decentralized GPU provider protocols, decentralized data providers, payment infrastructure for AI agents using blockchain, and crypto trading bots.
Farrar added, “There’s also an opportunity for crypto to be used as a video to authenticate content as AI-generated or human-generated.”