Cryptocurrencies with artificial intelligence are still making big gains – just as asset manager Franklin Templeton highlighted how AI and cryptocurrencies can be combined together.

How AI agents interact on blockchain is “very exciting,” Franklin Templeton said in a note on Tuesday. She noticed the current commotion surrounding her AI16z and Virtual protocol- Two distinct coins that posted some of the biggest gains over the past 24 hours among the top 100 coins ranked by market cap.

AI16z is an investment DAO Managed by artificial intelligence agents. Queen Gekko Data shows that over the past day, its native token has risen more than 18% — after slowing down last week — and is now trading for $1.30. It briefly fell out of the top 100 on Monday, but has recovered and bounced back to become such a valuable company.

The world's largest cryptocurrency exchange, Binance, Announce Earlier this month it will launch perpetual futures trading for AI16z. However, even with today's rally, AI16z stock is down 32% over the past week, and is 47% below its all-time high of $2.47 set less than two weeks ago.

And the Virtuals protocol's VIRTUAL — a token launched in Ethereum Layer 2 network a base Last year - by 15% compared to the previous day. Its price now is $2.98. Virtuals are used to launch a variety of artificial intelligence agents, including... iXPT— a token that nearly matches its all-time high price on Tuesday.

Both symbols slowed their rises in recent days after that Hot start to the yearbut they come back with a name The broader crypto market is recovering Tuesday.

AI agent programs are designed to assist humans by completing tasks themselves. As hype around artificial intelligence grows, many in the field have made big promises about how these agents can help humans complete tasks. Some of these agents have their own tokens, adding utility and potential speculation to the equation.

Franklin Templeton added that even if AI agents have some way to go to become as refined and useful as they envision, the sector holds great promise.

“Although these agents are not yet fully autonomous, and have little use in their current state, this emerging sector may hold great promise and is worth monitoring closely as it develops and matures,” the memo said.

Modified by Andrew Hayward