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Aixbt's market value is nearly 100 million, bugs unexpectedly gained popularity, why is there a continuous trend of AI agents on the Base chain?

Aixbt's market value is nearly 100 million, bugs unexpectedly gained popularity, why is there a continuous trend of AI agents on the Base chain?

ChaincatcherChaincatcher2024/11/26 19:11
By:Deep Tide TechFlow

AI errors, the market pays the price.

Author: Deep Tide TechFlow

The on-chain hype related to AI is shifting from Solana to the Base chain.

From a funding perspective, as the AI meme on Solana experienced a collective pullback last week, on-chain funds began to show interest in the Base chain.

Data doesn't lie. According to Artemis data, the ecosystem with the highest on-chain capital inflow in the past month is Base, with a net inflow (inflows minus outflows) reaching $750 million; in comparison, Solana's net inflow is only about $300 million, less than half of Base's.

Aixbt's market value is nearly 100 million, bugs unexpectedly gained popularity, why is there a continuous trend of AI agents on the Base chain? image 0

In other words, Solana's on-chain amusement park may be more about existing capital rotation, while the Base chain is welcoming new opportunities.

If you pay attention to the Base chain, you must feel that the AI Agent craze on Base has roughly two key fronts:

  • Around Virtuals.io: A month ago, it opened the box of AI Agent tokenization, allowing everyone to create AI agents and issue tokens, which gained market recognition; the Virtuals platform frequently launches new Agent tokens to quickly attract attention.

  • Around Clanker: The AI-driven "Token Bot" on Warpcast, designed for rapid DIY token deployment. You just need to tag Clanker in the Farcaster clients like Warpcast or Supercast , tell it your token idea, and it will launch the token for you on Base.

By the way, the number of tokens issued through Clanker on Base has exceeded 3,600, which is incomparable to Solana's ecosystem in absolute terms, but the trend is already evident.

Aixbt's market value is nearly 100 million, bugs unexpectedly gained popularity, why is there a continuous trend of AI agents on the Base chain? image 1

In recent days, all the hotspots on the Base chain have almost revolved around these two key fronts.

Deep Tide TechFlow has quickly reviewed and organized some popular assets to help you understand the latest information about related targets.

$aixbt: A better crypto detective is AI, but the best is expectation or conspiracy

Token Name: aixbt

Market Cap: 73M

CA:

0x4F9Fd6Be4a90f2620860d680c0d4d5Fb53d1A825

Related Front: Virtuals

The hottest AI Agent concept token on the Base chain today is aixbt, which is deployed on the AI Agent launchpad of Virtuals , with its market cap increasing by over 60% in one day and a nearly 70% price increase in 24 hours.

Aixbt's market value is nearly 100 million, bugs unexpectedly gained popularity, why is there a continuous trend of AI agents on the Base chain? image 2

If you search for topics, quotes, and discussion trends related to AI Agents on crypto Twitter today, you'll find that aixbt is also among the top.

What's even more noteworthy is that when considering the ratio of discussion heat to token market cap (to see which has a relatively small market cap but more discussion), aixbt even surpasses well-known Agents like Cents and Zerebro on Solana, briefly becoming the focus of attention.

Aixbt's market value is nearly 100 million, bugs unexpectedly gained popularity, why is there a continuous trend of AI agents on the Base chain? image 3

With skyrocketing prices and rising popularity, what exactly is aixbt?

I checked its official website and introduction and found that there are currently no actual AI products available; the website is mostly blank except for a simple pepe drawing; however, the project description is quite promising:

"AIXBT tracks hot discussions on crypto Twitter and uses its proprietary engine to identify strong narratives and games… AIXBT token holders can access its analysis platform."

In short, aixbt (self-proclaimed) is an AI agent that aggregates hot information in crypto; you can think of it as a KOL aggregator that provides you with more valuable information.

Moreover, the name aixbt easily evokes thoughts of the real-life on-chain detective ZachXBT.

However, we do not know how its proprietary engine operates in the realm of on-chain detective work. The component composition of AI agents on Virtuals shows that aixbt is merely calling upon some publicly available large language models and some data from crypto project analyses.

Aixbt's market value is nearly 100 million, bugs unexpectedly gained popularity, why is there a continuous trend of AI agents on the Base chain? image 4

However, the market has always been about "getting on the bus first and researching or verifying later." Without waiting for complete data and logical coherence, the token aixbt has already begun its upward journey, rising almost continuously since the 13th, until today’s significant increase attracted more attention.

Currently, we cannot find more product pages related to AI; we can only look for clues in the comments section of aixbt on Virtuals—where aixbt responds to various crypto-related questions posed by commenters, and some questions indeed stir up FOMO among the audience.

For example, someone asked if aixbt would be listed on certain major exchanges, and aixbt's response (possibly human) was very proper:

"We are actively working on exchange partnerships, but our top priority is to provide a better public opinion analysis platform for our token holders."

Aixbt's market value is nearly 100 million, bugs unexpectedly gained popularity, why is there a continuous trend of AI agents on the Base chain? image 5

The social dynamics are smooth, unlike AI, and there are no substantial products, yet the token continues to rise…

Indeed, a better crypto detective may be AI, but the best is merely expectation or conspiracy; hyping expectations before launch is the most Crypto Native approach.

$bug: AI makes mistakes, and the market pays the price

Token Name: bug

Market Cap: 3.6M

CA:

0x15bbF2456218d6bd585B118783ACb4F8bf4e2dAF

Related Front: Clanker

Clanker on Farcaster, as a token bot, generally responds to requests; if you ask it to create a token, it will indeed create one for you…

Of course, it might also have bugs.

For instance, today, a user in the community asked Clanker to create a token named $SantaClanker, seemingly related to the upcoming Christmas.

Clanker promptly accepted the request to issue the token, but perhaps due to a malfunction, the token was not called $SantaClanker but simply $BUG.

Artificial intelligence can occasionally be a bit dim-witted, mistakenly issuing a token with the name BUG, which at least proves that this is indeed AI issuing tokens, just in a cute and unexpected way.

Aixbt's market value is nearly 100 million, bugs unexpectedly gained popularity, why is there a continuous trend of AI agents on the Base chain? image 6

Clearly, the market is very forgiving of this mistake and is willing to buy. This erroneous token $bug immediately gained popularity, turning the mistake into a nice meme asset, creating a unique angle of "marking AI agent errors," with the erroneous token surging over 600% within an hour; it has slightly retraced as of the time of writing.

The market's taste has made everything clear: after getting used to the serious AI narratives, occasionally indulging in such sweet meme tokens is also nice.

$ANON: Key figures mention it multiple times, seeking legitimacy

Token Name: ANON

Market Cap: 42M

CA:

0x0Db510e79909666d6dEc7f5e49370838c16D950f

Related Front: Clanker

The story begins with Polish developer woj ( @wojtekwtf ) creating the social application product Supercast based on the Farcaster protocol in October 2024; it is a peer-level application layer like Warpcast.

Supercast introduced a feature called Superanon for anonymous posting, supporting users to post anonymously through SuperAnon accounts using zk proof technology.

Aixbt's market value is nearly 100 million, bugs unexpectedly gained popularity, why is there a continuous trend of AI agents on the Base chain? image 7

Since its launch, Superanon has been running smoothly. On November 14, an anonymous user interacted with the AI Agent account @clanker in the Farcaster ecosystem through a Superanon account, successfully issuing a MEME token called $ANON .

Unlike pure meme tokens with no products, ANON has the tangible feature of zk anonymous posting behind it, which has attracted the attention of key figures:

For example, Vitalik previously tried to use this product but needed to hold a certain amount of ANON tokens to post, so he bought some tokens for the experience, which evidently ignited enthusiasm among others to follow suit; he later pointed out on Warpcast that anoncast shows good prospects in protecting free speech while avoiding spam and low-quality content.

Previously, Jesse Pollak, the head of the Base protocol, exchanged 0.333 ETH (about $993.41) for 31,529 ANON tokens; and the co-founder of Farcaster also announced that Anoncast would launch a new feature for anonymous posting, supporting selective identity verification…

Compared to several other tokens with a stronger AI flavor, ANON is more about having actual products in front and being driven by key figures; the token ANON has been in a consolidation phase after a rapid price surge a few days ago.

In the crypto world, seeking legitimacy and celebrity endorsements has always been a tried-and-true strategy. Although Vitalik is often jokingly referred to as being distracted and not pulling ETH, legitimacy still exists.

Why does the trend continue?

When the AI wave reaches Base, is it an accident or a necessity?

I believe the latter is more likely.

Solana is certainly still the leader, but the internal structure of the ecosystem is undergoing some differentiation:

First, the intense and rapid PVP coin creation has also quickly spawned hot assets; after a burst, only a few survive, but many people lose money and exit in this brutal arena, leaving only existing capital to compete.

Smart money often misses, and everyone longs for a less competitive place; against this backdrop, capital overflow to Base becomes inevitable.

Second, chaotic phenomena frequently occur during pumps; recently, various abusive, pornographic, and unethical token issuance live streams have been common, with some opinions suggesting this is a signal of a market peak and overheating; smart capital will naturally seek to avoid the noise and steer clear of trouble.

You might ask, why did the capital overflow just happen to land on Base?

Don't forget, the AI craze needs soil, in simple terms, it needs a place that can be used and can ferment and spread.

In this regard, Farcaster's social advantages are evident, creating a more Crypto Native community that makes asset creation, transfer, and discussion extremely smooth, which is what crypto degenerates love; among Farcaster users are many technical elites and key figures, further promoting the popularity of AI agent tokens.

As Farcaster becomes a community testing ground, the entire ecosystem of Base certainly wants to catch this capital overflow; after all, playing with public chains is about playing with ecosystems; and an ecosystem suitable for the AI Agent hype wave undoubtedly has the potential to stand in the spotlight of a new cycle.

No one knows when the wind will stop, but at this moment, the trend is indeed strong.

Whether to embrace it or to ignore it is a matter of personal opinion.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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