Originally launched on Base, the AI engine hosts popular agents but has experienced a sharp decline in new debuts.
New artificial intelligence agent launches on the Virtuals Protocol plummeted in February amid sharp drawdowns in AI token prices, according to data from Dune Analytics.
Fewer than 100 new AI agent tokens have launched on the Virtuals platform so far in February, sharply down from November highs that saw as many as 1,300 new pairs debut in a single day, according to Dune.
Virtuals is an engine for launching AI agents and associated tokens. Originally deployed on the Ethereum layer-2 network Base, Virtuals is preparing to expand to Solana, which is considered a hub for AI token activity.
Read more,# Summary of AI Token Decline on Virtuals Protocol
## Key Points Breakdown:
– **Platform Introduction**: Virtuals is an engine designed for launching AI agents and their associated tokens, initially launched on the Base, a layer-2 network of Ethereum.
– **Recent Trends**: There has been a significant drop in the number of new AI agent tokens debuting on Virtuals Protocol in February.
– **Data Insights**: According to Dune Analytics, fewer than 100 new AI agent tokens were launched in February, a steep decline from November when up to 1,300 new pairs were launched in a single day.
– **Expansion Plans**: Virtuals is considering an expansion to the Solana network, known for its active AI token transactions.
## Hot Take on the Downturn:
It appears that the AI token market on Virtuals is taking a little nap after a marathon run! With less than 100 new tokens waking up to the reality this February compared to the stampede in November, it’s like comparing a busy New York street to a sleepy Sunday in a small town. Here’s hoping the potential leap to Solana injects a bit of caffeine into the mix and wakes everyone up! Get those virtual gears grinding!
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#VirtualsProtocol #AITokens #CryptoNews #DuneAnalytics #Ethereum #Solana
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