Crypto AI Tokens Spark 44% Optimism Amid Growing Confidence

A recent survey conducted by CoinGecko revealed that 44% of respondents are optimistic about the future prices of crypto AI tokens. This sentiment is indicative of a growing confidence in the potential of artificial intelligence within the cryptocurrency sector. The survey, which polled 2,632 participants between February and March, found that 25% of respondents were “fully bullish” and 19.3% were “somewhat bullish” regarding crypto AI tokens by 2025. This bullish outlook is supported by the increasing use cases and widespread adoption of AI in the crypto space, as noted by CoinGecko’s crypto research analyst.

The survey also highlighted that 29% of respondents were neutral on the subject, while 26.3% were either somewhat bearish or bearish. This mixed sentiment suggests that while there is significant optimism, there is also a degree of caution among participants. The survey responses were similar when it came to crypto AI products, reflecting the belief that the technology itself is maturing and moving beyond the conceptual stage.

The top artificial intelligence coins by market capitalization, as tracked by CoinGecko, are valued at around $23.6 billion. Leading this sector are Near Protocol (NEAR), Internet Computer (ICP), and Bittensor (TAO). Additionally, there is a separate group of AI agent coins, such as Artificial Super Intelligence (FET), Virtuals Protocol (VIRTUAL), and ai16z (AI16z), which command a market cap of $4.5 billion. These figures underscore the substantial investment and interest in the crypto AI sector.

The survey also categorized participants based on their investment horizons and adoption stages. It found that early adopters, known as “innovators,” had a higher share of bearishness compared to later adopters. “Laggards,” or those who are the latest to adopt new technologies, were the most bearish, which aligns with expectations. This segmentation provides insights into how different groups perceive the potential and risks associated with crypto AI tokens.

Spencer Farrar, a partner at an AI and crypto-focused venture capital firm, noted that while current AI applications in crypto are somewhat speculative, there is potential for greater utility in the future. He expects further experimentation with crypto AI tokens, allowing retail investors to speculate on smaller market cap ideas that are less accessible in traditional stock markets. Farrar’s firm is closely monitoring several crypto AI verticals, including decentralized GPU provider protocols, decentralized data providers, and payment infrastructure for AI agents leveraging blockchain technology.

The survey results and expert insights suggest that the crypto AI sector is poised for growth, driven by increasing use cases and widespread adoption. However, the mixed sentiment among participants indicates that there is still a need for further development and maturation of the technology. As the sector continues to evolve, it will be interesting to see how these trends play out and whether the bullish outlook translates into sustained growth and innovation.