Will artificial intelligence assistants dethrone memecoins?

According to Dragonfly Capital, a San Francisco-based crypto venture capital fund, the capital that flowed into memecoins last year will shift to artificial intelligence assistants by 2025.

Dragonfly Capital's managing partner Haseeb Qureshi used the following expression in his post on the first day of the new year on X (formerly known as Twitter): "Memecoins will continue to lose market share to artificial intelligence assistants. I see this process as a transition from financial nihilism to extreme optimism."

Qureshi said that the "craze for AI assistants" will likely last through 2025, but not forever. As more advanced AI products are introduced, people's interest in chatbots on social media will disappear, Qureshi said, adding: "Eventually, it will disappear. This doesn't mean long-term disruption for AI, but since it's more social, the crypto Twitter community will be fond of it."

AI assistants increase market share as memecoins bleed

As is known, artificial intelligence assistants are one of the latest trends in the crypto sector. Artificial intelligence assistants like Aixbt analyze market data and make predictions for crypto investors.

According to Coinmarketcap data, the trading volume of meme coins in the crypto market has decreased by nearly 21.5% in the last 24 hours, while the trading volume of artificial intelligence and related tokens has increased by 7.95%.

In line with the above data, the market value of artificial intelligence tokens increased by 1.66% in the last 30 days, while the total market value of memecoins recorded a 17.7% decline in the same period.

Increasing risks associated with the proliferation of artificial intelligence assistants

Qureshi stated that the market's increasing focus on artificial intelligence assistants has opened the door to cyber risks in this field, saying, "Currently used artificial intelligence assistants can be easily manipulated to use outrageous expressions that harm their brands or install spyware to steal all resources."

While Aixbt said of its AI assistant Qureshi that it is "already very good at pulling data from different projects and putting it together", he nevertheless emphasized the long-term uncertainty that awaits this space: "By the next year and the next generation of AI assistants, maybe Aixbt will hallucinate less, dig deeper, and make smarter inferences. So how much will you notice? Probably most people won't tell the difference."

"There will be a sudden turnaround in 2026"

Qureshi, who predicts a sudden turn in the market in 2026, said, 'It takes time for crypto to get bored of glamorous things,' and added, 'Chatbots will become so widespread in the future that people's enthusiasm will wane. Sensitivity will turn the opposite.'

Last week, Virtuals Protocol (VIRTUALS) led the way with a 57.3% return rate among the top-performing artificial intelligence tokens, while Bittensor (TAO) recorded a 10.6% increase and Theta Network (THETA) saw a 6.11% rise.

Another crypto analyst, Mckenna, reminded from his X account that VIRTUAL has increased by 13,000 percent in one year and said the following: 'I'm sure we will see a lot of artificial intelligence opportunities emerging in 2025.'

Bitwise's CEO Hunter Horsley also said that the rise of artificial intelligence assistants reminded him of the beginning of the era of corporate companies two centuries ago.

Horsley said, "I think this shows a perfect parallelism with the emergence of the company in the 19th century: it can make contracts on its own, hire people, own things, and live longer than humans."

This article does not contain investment advice or recommendations. Every investment and trading activity involves risks, and readers should conduct their own research when making decisions.