E4E News

AiXBT Captivates Crypto with Meme Coin Mania and AI Engagement

AiXBT, an AI-driven crypto influencer, is gaining traction on X, fueling hype and a $500M meme coin surge.

AiXBT, an AI-driven influencer on X (formerly Twitter), is making waves in the crypto world—along with its affiliated meme coin, which recently hit a $500 million market cap. Built through the Virtuals protocol, AiXBT delivers financial advice and crypto market insights with the personality of a “chain-vaping degen,” rapidly accumulating a following of nearly 300,000 users since its launch in November 2024.

AiXBT leads AI Agent Narrative. Image: BlockNews

How AiXBT Works

AiXBT is designed as a fully automated AI agent, interacting with users through automated posts and responses. However, its autonomy is not absolute. While it may seem independent, human intervention is possible through hosted platforms like AWS or Heroku, leading to mixed reliability in its content. Despite skepticism from industry insiders about its technical depth, the novelty of a humorous AI agent offering crypto takes has driven widespread engagement.The associated meme coin, AIXBT, soared from $0.02 in late November to $0.65 by the end of December, driven by hype, endorsements from prominent crypto personalities, and major purchases like a $1 million buy-in by Quantum Cats, a Bitcoin Ordinals project.

Beyond the Hype: Utility and Criticism

While the AIXBT token primarily thrives on speculation, it offers some utility through access to the AiXBT Terminal, a premium market intelligence platform. However, the barrier to entry is steep—users must hold over 600,000 tokens (currently valued at $312,000) to unlock it.

Despite its popularity, critics like Haseeb Qureshi of Dragonfly Capital caution that AiXBT is far from the complex AI agents envisioned in the Web3 space, labeling it a mere “chatbot with a meme coin attached.” Even so, AiXBT’s transparent approach has earned it praise, with some industry leaders appreciating its honesty compared to human influencers