AI Token Prices Surge Following Franklin Templeton’s Move

In summary

Franklin Templeton predicts AI agents will reshape industries, merging crypto with advanced AI decision-making.

AI tokens like VIRTUAL (+8%), AI16z (+17%), and AIXBT (+28%) surged following the report’s release.

Despite being nascent, AI agents could revolutionize tasks on the blockchain, says Templeton.

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AI agents have been garnering attention in the crypto space for some time. Interestingly, several AI tokens rallied today following a new report from Franklin Templeton on AI agents.

The report predicts that AI agents will reshape social media content creation and transform various industries.

Franklin Templeton: AI Agents Could Be the Next Big Thing

The asset manager acknowledges that there is reason to be excited about AI agents.

“We can envision a future where AI agents revolutionize social media content creation and play an integral role across various industries and platforms,”

Franklin Templeton wrote in the Jan. 14 report

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The firm added that, much like human influencers today, these AI agents could “launch brands, products, music, movies and more, generating significant economic value for their ecosystems.”

AI agents, or Agentic AI, are systems designed to make autonomous decisions and take goal-oriented actions. These entities can understand complex objectives, conduct multi-step reasoning, and act with minimal human intervention. However, Franklin Templeton researchers note that the technology is still in its early stages.

“While these agents are not yet fully autonomous and have limited utility in their current state, this nascent field may hold significant promise and is worth monitoring closely as it develops and matures,”

the report continued.

Templeton added that Crypto AI Agents represent a novel convergence of AI and crypto. Crypto AI Agents utilize artificial intelligence to handle tasks on the blockchain — analyzing data, making decisions, and taking action. The report has sparked renewed interest in several AI tokens in the crypto market, with some recording significant gains.

AI agent projects such as Virtuals Protocol and AI16z have seen significant price increases following the release of the report. For example, VIRTUAL surged by nearly 8%, temporarily surpassing the $3 mark on Jan. 15.

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Similarly, AI16z has increased by 17.5% and is trading at $1.35 at the time of writing. Other AI-related tokens have also seen positive movements. AIXBT surged by 28%, reaching approximately $0.70, while the Artificial Liquid Intelligence token increased by 3.7% in the past 24 hours.

Franklin Templeton’s comments come amid growing excitement surrounding the field of AI agents. OpenAI CEO Sam Altman recently predicted that AI agents would join the workforce in 2025. Nvidia CEO Jensen Huang even called AI agents the next great leap in workforce evolution.

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