AI tokens pump as Franklin Templeton says agents will ‘revolutionize’ social media
AI-based tokens have surged following a Franklin Templeton report predicting that AI agents will transform content generation on social media. The report envisions AI agents launching brands and products, driving economic value across industries. AI agents, characterized by autonomous decision-making and goal-directed behavior, are still in early development stages. The report notes their current limited utility but suggests significant future potential. AI researcher "s4mmy" highlighted that crypto enables agents to manage their finances, indicating a promising future for decentralized AI solutions. Following the report, tokens like Virtuals Protocol (VIRTUAL) and ai16z (AI16Z) saw significant price increases, with VIRTUAL rising over 8% and ai16z increasing by 20%. Other tokens, including Near Protocol (NEAR) and Freysa AI (FAI), also experienced gains.
