In recent years, the AI boom has spread to the blockchain market. According to CoinGecko’s latest survey report on March 20, nearly half of the respondents are optimistic about the future price of “AI cryptocurrencies,” showing that this emerging sector, with a market value of up to $23.3 billion, is attracting substantial capital and attention.
CoinGecko survey shows that nearly 47% are bullish on AI coins, 26% are bearish, and 29% are neutral
CoinGecko conducted a survey of 2,632 participants in the cryptocurrency market from February 20 to March 10 this year. The results showed:
- 27% are very bullish
- 19.9% are somewhat bullish
- 29% are neutral
- 24% are bearish or somewhat bearish
Nearly 47% of people are optimistic about the future trend of AI cryptocurrencies over the next year, reflecting market expectations for this sector.
This chart shows that nearly 50% of the respondents are optimistic about the future of AI cryptocurrencies.
Investors are no longer just talking about concepts; the practicality of AI coins is gradually emerging
CoinGecko’s cryptocurrency research analyst, Lim Yuqian, pointed out that the use cases for AI cryptocurrencies are becoming clearer and are gradually being adopted, which could be behind the bullish sentiment. Yuqian also emphasized that these investors may not have clearly differentiated between the “investment value of AI coins” and the “technical potential of AI itself.” In other words, many people view these two aspects as one, believing that the project is about to take off.
NEAR, ICP, and TAO lead the charge, with FET also making the list
CoinGecko’s data shows that the total market capitalization of AI concept coins is currently about $23.6 billion, including several major coins:
- Near Protocol (NEAR)
- Internet Computer (ICP)
- Bittensor (TAO)
Additionally, there are coins specifically targeting AI agent technology:
- Artificial Super Intelligence Alliance (FET)
- Virtuals Protocol (VIRTUAL)
- ai16z (AI16z)
The total market capitalization of these AI agent tokens also reaches $4.4 billion.
Early entrants are more pessimistic, with innovators and latecomers showing different levels of confidence
CoinGecko also analyzed sentiment changes among different user types:
- Innovators (the earliest adopters of crypto AI): 30% are bearish
- Latecomers: the most pessimistic, with 41% being bearish
This reflects that early users, who are familiar with the technology but have also witnessed the bubbles and chaos, have become more conservative. In contrast, new investors are entering with the belief that “this time it’s different.”
The chart shows that the proportion of innovators and early entrants who are optimistic is higher.
The industry points out that there is some bubble, but future potential remains
Industry insiders have stated that while current AI applications are somewhat bubble-like, this is a common development process in open-source communities. There will first be a large number of experiments, followed by the emergence of products that can be scaled. The AI cryptocurrency applications that the industry is optimistic about include:
- Decentralized GPU protocols
- Decentralized data providers
- AI payment infrastructure: using blockchain to run AI agent payments
- Blockchain-based AI trading bots
There is also an emerging application, which is using cryptographic technology to identify whether content is AI-generated or human-created. This is a major opportunity for content verification.
From bubbles to applications, will 2025 be the turning point for AI coins?
Whether AI cryptocurrencies will become the leading force in the next bull market is already showing signs of market expectation, according to CoinGecko’s data. Although many applications are still in the exploration stage, with the maturation of technology and the emergence of practical use, the combination of cryptocurrencies and AI is expected to shift from speculative hype to real industry breakthroughs.
Risk Disclaimer
Cryptocurrency investment is highly risky, and its prices may fluctuate drastically. You may lose all of your principal. Please carefully evaluate the risks.