The AI narrative and market capitalization are making a comeback after a period of lagging behind memes in the crypto space. AI tokens have gained momentum in the past week, with a strong mindshare. While older altcoins saw a rally, the focus shifted to AI tokens due to their short-term potential. Despite being volatile, AI tokens have seen stable three-month growth, increasing in value by 97% and becoming the sixth-largest gainer in the sector. However, on a year-to-date basis, AI still lags behind Bitcoin and other narratives. The AI token market includes various projects, but AI agents are currently gaining more attention and mindshare, even surpassing older assets in the AI narrative. The AI agent space has seen a market capitalization increase of 13% in the past week. AI agents are also creating an industry around themselves, with the emergence of launch and data platforms for AI agents. The competition among AI agents is growing, similar to meme tokens.



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