AI agent market cap down almost 50% across January
The market cap of the AI agent industry has reportedly tumbled massively from its January highs amid news of a cheaper, more efficient new model. According to data collected by cookie.fun, the industry’s market cap, which stood at $10.37 billion at the beginning of the year, has shed more than $4.5 billion since January 6. A 19% slide in the past 24 hours has seen the figure settle — for now — at somewhere in the region of $5.7 billion. Elsewhere, CoinGecko claims that the figure currently sits at a slightly healthier $9.74 billion. However, these figures also point to a 22% decrease in the last 24 hours. Solana devs copy Ethereum playbook with SVM blockchains Read more: Donald Trump’s crypto executive order doesn’t mention Bitcoin AI agents in the crypto industry are used to automate the process of trading and interacting with blockchains. Agents AI16Z, GOAT, and VIRTUALS are down 47%, 54%, and 42% over the past 30 days respectively . Chi...