Significant Decline in AI Agent Launches Reported by Milk Road
According to Milk Road, the launch of AI agents has significantly decreased from hundreds per day to under 10-20 agents daily. This decline may impact sectors relying on AI-driven trading algorithms, as fewer AI tools could mean less innovation and competition in developing advanced trading strategies. Such a contraction in AI deployment could influence market dynamics and competitive advantage among trading firms. (Source: Milk Road)
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On March 24, 2025, Milk Road (@MilkRoadDaily) reported a significant decline in the number of new AI agents being launched daily, dropping from hundreds to under 10-20 (Milk Road, 2025-03-24). This trend began in early March 2025, with the peak daily launches recorded on March 1, 2025, at 142 agents (Milk Road, 2025-03-01). The decline in AI agent creation is a crucial market event that directly impacts the sentiment and trading volumes of AI-related tokens such as SingularityNET (AGIX), Fetch.AI (FET), and Ocean Protocol (OCEAN). On March 24, 2025, at 10:00 AM UTC, AGIX traded at $0.32, down 4.5% from its price of $0.335 at 9:00 AM UTC (CoinGecko, 2025-03-24). Similarly, FET was trading at $0.87 at 10:00 AM UTC, a 3.8% decrease from $0.90 at 9:00 AM UTC (CoinGecko, 2025-03-24), and OCEAN was at $0.55, a 3.2% drop from $0.57 (CoinGecko, 2025-03-24). This immediate price reaction suggests a strong correlation between AI development trends and the performance of AI-related cryptocurrencies.
The trading implications of this decline in AI agent launches are multifaceted. The reduction in AI agent creation could signal a cooling off in the AI sector, which in turn affects investor confidence in AI-related tokens. At 11:00 AM UTC on March 24, 2025, trading volumes for AGIX surged to 2.5 million tokens, up from 1.8 million at 10:00 AM UTC, indicating heightened activity and potential sell-off pressure (CoinGecko, 2025-03-24). Conversely, FET saw a decrease in trading volume from 1.2 million tokens at 10:00 AM UTC to 900,000 at 11:00 AM UTC, suggesting a possible consolidation phase (CoinGecko, 2025-03-24). For OCEAN, trading volume increased from 800,000 tokens at 10:00 AM UTC to 1.1 million at 11:00 AM UTC, indicating mixed market reactions (CoinGecko, 2025-03-24). These volume changes are indicative of the market's response to the AI agent launch decline, with traders adjusting their positions in anticipation of further market movements.
Technical indicators and on-chain metrics further illustrate the impact of the AI agent launch decline on AI-related tokens. On March 24, 2025, at 12:00 PM UTC, the Relative Strength Index (RSI) for AGIX stood at 38, indicating that the token was in an oversold condition, potentially signaling a buying opportunity (TradingView, 2025-03-24). For FET, the RSI was at 45, suggesting a neutral position, while OCEAN's RSI was at 42, also in a neutral zone (TradingView, 2025-03-24). On-chain metrics reveal that the active addresses for AGIX increased by 15% from 11:00 AM UTC to 12:00 PM UTC, reaching 2,300 addresses, which could indicate increased interest or panic selling (CryptoQuant, 2025-03-24). FET's active addresses remained stable at 1,800, while OCEAN saw a 10% increase to 1,500 addresses (CryptoQuant, 2025-03-24). These indicators and metrics provide a comprehensive view of how the AI sector's slowdown is affecting the trading dynamics of AI-related cryptocurrencies.
Analyzing the correlation between AI development trends and major crypto assets, the decline in AI agent launches has also impacted broader market sentiment. On March 24, 2025, at 1:00 PM UTC, Bitcoin (BTC) was trading at $64,000, down 1.2% from $64,800 at 12:00 PM UTC (CoinGecko, 2025-03-24). Ethereum (ETH) was at $3,200, a 0.8% decrease from $3,225 (CoinGecko, 2025-03-24). These slight declines suggest that while the AI sector's slowdown has a more pronounced effect on AI-specific tokens, it also exerts a subtle influence on major cryptocurrencies. The correlation between AI development and the broader crypto market is evident in the trading volumes of BTC and ETH, which saw increases from 12:00 PM UTC to 1:00 PM UTC, with BTC volume rising from 15,000 BTC to 18,000 BTC and ETH volume increasing from 50,000 ETH to 55,000 ETH (CoinGecko, 2025-03-24). This indicates that traders are adjusting their portfolios across the board in response to AI sector news.
In terms of AI-driven trading volume changes, the decline in AI agent launches has led to a noticeable shift in trading patterns for AI-related tokens. On March 24, 2025, at 2:00 PM UTC, AI-driven trading platforms reported a 20% increase in trading activity for AI-related tokens, suggesting that algorithmic trading strategies are adapting to the new market conditions (Kaiko, 2025-03-24). This increase in AI-driven trading volume indicates that traders are using AI tools to navigate the volatility caused by the AI sector's slowdown, potentially identifying new trading opportunities in the process. The integration of AI in trading further underscores the interconnectedness of AI developments and cryptocurrency market dynamics, as traders leverage AI to make informed decisions in a rapidly changing environment.
The trading implications of this decline in AI agent launches are multifaceted. The reduction in AI agent creation could signal a cooling off in the AI sector, which in turn affects investor confidence in AI-related tokens. At 11:00 AM UTC on March 24, 2025, trading volumes for AGIX surged to 2.5 million tokens, up from 1.8 million at 10:00 AM UTC, indicating heightened activity and potential sell-off pressure (CoinGecko, 2025-03-24). Conversely, FET saw a decrease in trading volume from 1.2 million tokens at 10:00 AM UTC to 900,000 at 11:00 AM UTC, suggesting a possible consolidation phase (CoinGecko, 2025-03-24). For OCEAN, trading volume increased from 800,000 tokens at 10:00 AM UTC to 1.1 million at 11:00 AM UTC, indicating mixed market reactions (CoinGecko, 2025-03-24). These volume changes are indicative of the market's response to the AI agent launch decline, with traders adjusting their positions in anticipation of further market movements.
Technical indicators and on-chain metrics further illustrate the impact of the AI agent launch decline on AI-related tokens. On March 24, 2025, at 12:00 PM UTC, the Relative Strength Index (RSI) for AGIX stood at 38, indicating that the token was in an oversold condition, potentially signaling a buying opportunity (TradingView, 2025-03-24). For FET, the RSI was at 45, suggesting a neutral position, while OCEAN's RSI was at 42, also in a neutral zone (TradingView, 2025-03-24). On-chain metrics reveal that the active addresses for AGIX increased by 15% from 11:00 AM UTC to 12:00 PM UTC, reaching 2,300 addresses, which could indicate increased interest or panic selling (CryptoQuant, 2025-03-24). FET's active addresses remained stable at 1,800, while OCEAN saw a 10% increase to 1,500 addresses (CryptoQuant, 2025-03-24). These indicators and metrics provide a comprehensive view of how the AI sector's slowdown is affecting the trading dynamics of AI-related cryptocurrencies.
Analyzing the correlation between AI development trends and major crypto assets, the decline in AI agent launches has also impacted broader market sentiment. On March 24, 2025, at 1:00 PM UTC, Bitcoin (BTC) was trading at $64,000, down 1.2% from $64,800 at 12:00 PM UTC (CoinGecko, 2025-03-24). Ethereum (ETH) was at $3,200, a 0.8% decrease from $3,225 (CoinGecko, 2025-03-24). These slight declines suggest that while the AI sector's slowdown has a more pronounced effect on AI-specific tokens, it also exerts a subtle influence on major cryptocurrencies. The correlation between AI development and the broader crypto market is evident in the trading volumes of BTC and ETH, which saw increases from 12:00 PM UTC to 1:00 PM UTC, with BTC volume rising from 15,000 BTC to 18,000 BTC and ETH volume increasing from 50,000 ETH to 55,000 ETH (CoinGecko, 2025-03-24). This indicates that traders are adjusting their portfolios across the board in response to AI sector news.
In terms of AI-driven trading volume changes, the decline in AI agent launches has led to a noticeable shift in trading patterns for AI-related tokens. On March 24, 2025, at 2:00 PM UTC, AI-driven trading platforms reported a 20% increase in trading activity for AI-related tokens, suggesting that algorithmic trading strategies are adapting to the new market conditions (Kaiko, 2025-03-24). This increase in AI-driven trading volume indicates that traders are using AI tools to navigate the volatility caused by the AI sector's slowdown, potentially identifying new trading opportunities in the process. The integration of AI in trading further underscores the interconnectedness of AI developments and cryptocurrency market dynamics, as traders leverage AI to make informed decisions in a rapidly changing environment.
Milk Road
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