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AI Token AGENT Surges 40% in a Day, Is This New Altcoin The Next AgentLayer?

26.11.2024
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New AI token AgentLayer ($AGENT) has pumped up 40% in the past 24 hours, per DEXTools, with its market cap reaching an impressive more than $11 million, though a new altcoin in the PolitiFi space continues to attract substantial attention ahead of US President-elect Donald Trump’s inauguration in January.

AgentLayer, a decentralized AI Agent public chain that aims to facilitate collaboration between AI agents and humans, reached up as high as $0.55 earlier in the day.

While it has since faded to around $0.046, it’s still up nearly 2x from yesterday’s lows in the $0.025 region.

AI Tokens In the Spotlight

$AGENT uses OP Stack and EigenDA to create AgentChain, a public blockchain designed to enhance coordination among AI agents via the AgentLink protocol.

The pump could be to do with the AI token’s recent listing on Bitpanda, which could increase its liquidity and visibility among potential investors, thereby potentially driving up its price due to increased accessibility.

$AGENT Lands on Bitpanda
The wait is over, $AGENT now lists on Bitpanda.
Time to power up the future. 🚀https://t.co/iXyOlbptsU#AgentLayer #AIAgent #Bitpanda #Crypto #Web3 pic.twitter.com/qA1ljCx4J3

— AgentLayer | $AGENT Listed (@Agent_Layer) November 26, 2024

Expect volatility to remain high, with the potential for further rapid upward swings.

AgentLayer’s team recently announced plans to use chain revenues in $AGENT along with additional USDT for market buybacks, which could be perceived as a bullish signal for the token’s value.

The broader trend of integrating AI with blockchain technology, as seen in other projects like Talus Network raising significant funds for AI agents, suggests a growing interest in this niche. This could indirectly benefit AgentLayer and increase upside price risks to the AI token by highlighting the potential of AI agents within blockchain ecosystems.

AI tokens have big potential to pump during the ongoing crypto bull market. $AGENT thus has a lot of upside potential.

That said, another crypto sector that might be worth a look is PolitiFi meme coins.

With the US election concluding over three weeks ago, some might be overlooking PolitiFi right now, but the approach of President-elect Donald Trump’s inauguration next month could bring the sector back in focus.

One PoltiFi gem that has continued to generate a lot of hype since the election is a fun new coin called FreeDum Fighters ($DUM).
Here is everything you need to know about the token and why analysts at cryptonews.com are ranking it as one of their top picks right now.

This might be the greatest meme format… pic.twitter.com/DlOP2GG1pa

— FreeDum Fighters (@Freedum_Fighter) November 25, 2024

FreeDum Fighters ($DUM) – What Is It?

FreeDum Fighters is a satirical cryptocurrency project that has capitalized on the political fervor surrounding the US presidential election and could be one of the best PolitiFi gems.

The project features two mechanized characters, MAGATRON and Kamacop 9000, representing parodies of political figures to create an engaging ecosystem where token holders can stake, debate, and earn rewards.

This blend of political satire with blockchain technology has made FreeDum Fighters a notable entry in the “PolitiFi” space, which combines politics-themed cryptocurrencies with community-driven activities.

Investors can stake their $DUM tokens in pools associated with either MAGATRON or Kamacop 9000, earning high annual percentage yields (APYs) which can fluctuate based on community support for each character.

This not only provides passive income but also ties into the project’s narrative of political engagement.

Which one are you? pic.twitter.com/y4sCnEPIhQ

— FreeDum Fighters (@Freedum_Fighter) November 26, 2024

While the immediate excitement around the US election might have waned, FreeDum Fighters has elements that are likely to keep it relevant and may spur strong future gains.

PolitiFi gem FreeDum Fighters has raised an impressive $640,000 since its debut a few weeks ago, and momentum remains strong ahead of the token launch in 12 days.

Interested readers can learn more about the project on its official website. $DUM can be easily purchased with ETH, BNB, SOL, USDT, and USDC.

Buy FreeDum Fighters Here

The post AI Token AGENT Surges 40% in a Day, Is This New Altcoin The Next AgentLayer? appeared first on Cryptonews.

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CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

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