The crypto AI agent sector, which consists of protocols and projects powered by artificial intelligence, experienced a significant drop in market capitalization to $11.3 billion as altcoins plunged during a broader correction in the industry. Leading projects such as Virtuals Protocol, AI16z, and aixbt by Virtuals posted double-digit declines, causing the sector to decline by 16% in the past 24 hours. This downturn marks the first major decline for the AI agent sector, which gained significant attention and valuation within a few months. The total cryptocurrency market cap also fell to $3.2 trillion, triggering liquidations across several crypto pairs.



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