December 3, 2024
How to Find the Hottest AI Agent Projects
Dear Subscriber,
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| By Bruce Ng |
Since AI bot Truth Terminal was created, AI agents have taken over the crypto world by storm.
In just a few months, Truth Terminal went from being the first to one of over 200 agents that make up this new sector of crypto.
My colleague Jurica Dujmovic recently wrote about AI agents in detail. He believes they will take over and fundamentally change how AI functions — both in crypto and TradFi!
I suggest you read up on his piece now if you haven’t. But to recap, AI agents are autonomous entities that can behave like humans. They can, on their own, do things like …
- Post and chat on social media platforms.
- Trade crypto, even without human intervention.
- Generate trading insights by being aware of social media inputs and on-chain crypto activity.
Because AI agents are robots, they don’t tire. So, they can execute the abovementioned tasks 24/7.
Which means they are perfect for the always-open crypto markets.
Take, for example, the AI hedge fund ai16z. It is currently valued at $400 million with over $7 million in assets under management.
Think about that for a moment: $7 million is managed by an autonomous, non-human AI agent.
That exceeds the net worth of 99.3% of the humans on the planet! And that’s far above the almost $1 million AUM ai16z had on its books only a month ago.
AI agents are poised to be huge in the world of AI … and in crypto. Like any new sector, it is highly revolutionary, full of hype and experimental.
But it also has the largest room to grow.
Coingecko values the entire AI agent sector at $8.5 billion currently.
I think this sector has a lot of potential. But given the speed of its growth, how can you find the best quality projects playing the AI agent narrative?
While there’s no singular approach, I like to use cookie.fun. This dashboard tracks all AI agents.
Take a look at the dashboard here:
What I’d typically do is:
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Click on 7D — marked by the yellow 1 above — to sort the column in descending order.
This allows me to see which projects have had the fastest increase in mindshare — a measure of social media engagement and popularity — over the past seven days.
- Then, I look for the highest mindshare projects in the red rectangle.
- To further narrow my list, I’ll prioritize low market cap projects, as these have the most potential for future growth. Then I can start the real research and look into what that project specifically does.
From the list above, two projects stand out to me:
- UBC, which provides computer power for AI agents specifically.
- Vader, an autonomous AI agent that manages other AI agents which in turn manage crypto hedge funds in multiple categories.
But, as I mentioned, this is just the start of my research. Rather than throwing a dart at a board of names, using tools like cookie.fun helps me narrow down which projects are worth additional research and consideration.
Now, the hard work — analyzing these project’s fundamentals — can begin.
If this is the part of crypto investing that leaves you feeling overwhelmed, don’t worry. You’re not alone.
It is easy to feel out of your depth when evaluating a new investment opportunity. Especially if it’s in a field you are unfamiliar with. Or if you’re targeting a small-cap project with room to grow … and fail.
But these small-cap projects also offer the opportunity to go for insane crypto gains.
That’s why my colleague Juan Villaverde and I do all the heavy lifting for our New Crypto Wonders Members when it comes to project and market analysis.
And recently, Juan sat down with Weiss Ratings founder Dr. Martin Weiss to explain as simply as possible why now is the best time to hop into these volatile but promising opportunities. And he even revealed to Martin the three coins we believe to have the best potential to outperform this cycle.
Juan recorded that briefing, and you can watch it right now.
I encourage you to do so now … before it’s too late.
Best,
Dr. Bruce Ng
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