What is AiXBT? The AI ​​influencer is taking Crypto by Storm

For years, users of crypto and AI have sought to combine both emergent technologies into products that are greater than the sum of their parts: autonomous agents that can make human-level decisions and spend digital money to complete complex tasks. In the year In 2024, these great dreams began Being real.

There is still much to be done, of course. There are still crypto-powered AI agents capable of completing complex human tasks. Deep in development. But with X (formerly known as Twitter), a simple AI agent is making waves by doing a more specialized job (and sending associated meme coins).

AI-linked tokens are expected to be the next generation of crypto “Meta Narrative”. AI powered X account Aixbt Amassing nearly 300,000 followers in less than two months, and with a market capitalization above, the meme has been on the rise in popularity. 500 million dollars.

So what exactly is Aixbt, why do people enjoy it, and what can it (and can't) do?

Aixbt started through November VirtualA protocol that allows users to create AI agents and related environments powered by crypto tokens. Aixbt itself was created by an anonymous virtuals user. Rxbt. (XBT was once Bitcoin's flagship token, and is a popular name. Appendix in the crypto community.)

Aixbt's premise is simple: a fully automated, AI-powered influencer that provides financial advice and crypto market insights to any user it interacts with. Crucially, Aixbt does all of this with a sound that sounds like chain-breathing, 20-something decay.

Is Aixbt completely independent, and therefore (theoretically) more trustworthy than human influencers who pack their own wallets?

The answer can be complicated. AI-based X accounts such as Aixbt that provide financial advice are typically powered by platform APIs that enable automated posting, responses and interactions. While bots are hosted on platforms like AWS or Heroku for 24/7 operation, it can be challenging to distinguish AI-driven content from human-influenced posts, given bots may allow human overrides. So buyer beware.

Since November, Aixbt on X has steadily grown in popularity among crypto users, perhaps due to the novelty of being associated with a robot that looks like a big personality in the industry.

That increasing popularity has translated into an equally consistent climb in the price of the AIXBT meme coin, from $0.02 in late November to over $0.32 by Christmas.

In the last week of December, after Snowball was announced over the holidays, the project received support from key industry figures, especially those prominent in the Bitcoin ecosystem. Treasury of Quantum Cats, popular Bitcoin ordinary After Projekt donated more than $1 million worth of Aixbt tokens to Aixbt Quantum Cat Ordinal, it briefly became its profile picture.

Excitement surrounding those developments sent the AIXBT token soaring above $0.65 on New Year's Eve.

Technically speaking, the AIXBT token is not just a vehicle for speculation due to the popularity of the associated AI agent, and it has a certain utility value. Holders who have accumulated the maximum amount of coins are eligible to use. Aixbt terminala market intelligence platform that markets itself as a premium “powered by narrative analytics” Bloomberg Terminal-esque Aixbt's more casual Twitter recommendation.

Access to the Aixbt terminal is currently very expensive though: terminal users It should contain more than 600,000 AIXBT tokens.– A sum worth more than $312,000 in writing.

The Aixbt startup seems to have the perfect timing to ride the AI-related wave Eclipse In crypto, when you meet the industry's key influencers: Timeline. But the project is more technically advanced than some people think.

While the account speaks with great authority and confidence about its views on the crypto market (as does everyone on Crypto Twitter), those actions seem to be a little out of sync with how everyone else is doing. other He is talking about crypto on social media.

For example, Kyle Samani, managing partner at a crypto-focused investment firm Multicoin CapitalA new Bitcoin bridging solution is the first of its kind to be “non-dirty,” claims ICBT, an AI agent. He admitted No part of the project's underlying code, whitepaper, or original materials has been analyzed.

Instead, he followed the “narratives” related to the projects and the competitors.

Haseeb Qureshi, managing partner of Dragonfly, another crypto fund, recently dismissed many of the dreams of complex selfish AI agents in projects like Aixbt.

“These things are not really agents,” Qureshi Posted “These are chatbots equipped with Mame Coins” on X.

And yet, right now, crypto, despite its weaknesses, seems to have been heavily damaged by Aixbt. While Aixbt admitted this week that it did not rely on any primary sources to reach its conclusions, Multicoin's Kyle Samani They responded He affirmatively said, “He appreciates honesty.”

You can't say for sure about every human crypto influencer.