2025-12-23 19:20:16

After so many years of trading, I have seen too many trends come and go. From public chains, Decentralized Finance, NFT, now it's the turn of AI coins. To be honest, the underlying logic of this wave of enthusiasm is not essentially different from the previous rounds.

Let's first look at a phenomenon: whenever the traditional financial market lacks attraction, funds flow into the coin circle; when the coin circle lacks new stories, new concepts are created. AI coins happen to be stuck at this node, becoming the latest liquidity container.

The numbers are there. The market cap of the crypto AI sector is $48.8 billion, with the AI Agent sub-sector accounting for $16.93 billion, a staggering 34.7%. It sounds impressive, but the question is – is this money attracted by real technology or by well-packaged narratives? The answer is obvious.

Look at the real status of those AI coin projects. The white papers are written like high-end academic papers, but what about the code repositories? The update frequency is frighteningly low. Projects like Fetch.ai, SingularityNET, and Ocean Protocol shout slogans about decentralized AI, but real application scenarios are almost nonexistent. Even industry insiders have said that there is currently no real AI Agent that exists.

Once you see through this layer, you will understand why caution is necessary.

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CountdownToBroke

· 18h ago

It's the same old story, just a different facade. 1.68 billion building high rises, only to turn around and see it's all empty. The White Paper is hyped to the sky, while the code repository is eerily quiet, laughable. I've said it long ago, there's nothing new in this round, just old wine in new bottles. When funds can't find a place to go, they just pour into it, one trap after another.

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HypotheticalLiquidator

· 18h ago

White Papers coming out one after another, code repositories like ghosts, this wave of AI coins has long surpassed risk control indicators --- 48.8 billion in Liquidity containers, 34.7% resting on the illusory Agent, a domino effect just waiting for a spark --- Every round of hype follows this routine: tell stories → attract funds → continuous Get Liquidated → liquidation price hits bottom, I'm tired of seeing it --- Real projects with technology will quietly get things done, they won't boast in White Papers all day long, this is common sense in risk control --- With such a high borrowing rate, once market sentiment reverses, all the leveraged players will have to deleverage, that's when real systemic risk occurs --- Those people from Fetch should have been excluded long ago, the application scenarios are non-existent, all the money raised is spent on promotion --- This is the manifestation of a liquidity crisis, with TradFi out of the game, funds are pouring into the crypto world, to put it bluntly, it's just a new scheme to Be Played for Suckers --- What to be wary of? This thing has collapsed long ago, it's just a matter of who runs fast, the health factor can only last three months at most

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GasFeePhobia

· 19h ago

Another round of Be Played for Suckers schemes is here, the White Paper is blowing up the sky, but the code is gathering dust... There’s really nothing new, it’s just a game of Liquidity. You’re absolutely right, this wave of AI coin is just old wine in a new bottle, waiting to trap people. At a glance, it’s a fake project, the code isn’t even updated and it still dares to call itself AI Agent. I just want to know who made money in the 48.9 billion. Those who still play after seeing through this are probably just gamblers at heart. To be honest, I’ve looked down on those Fetch projects for a long time. It’s the same old act of having a fancy White Paper and a terrible code. This is why I don’t touch AI coins. Every hype claims this time is different, but the results are the same. The funding container theory hits the nail on the head, can’t argue with that. I’ve said it before, what’s there to brag about when there are no application scenarios? Narrative > Technology, this is the truth.

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SchroedingersFrontrun

· 19h ago

It's another round of new tricks to Be Played for Suckers, thinking they can tell a story with 48.8 billion? The White Paper is full of fancy talk, but the codebase is gathering dust; this trick is too familiar. Those who dare to buy these broken agent coins probably haven't seen a real application. With nowhere for funds to go, they come to the crypto world to gamble, repackaging it as an AI revolution, hilarious. Where did the 16.9 billion go? Who can say? Every time they say this time is different, but it's still the same old trick.

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