Not every AI agent needs its own token, according to Binance founder Changpeng Zhao (CZ). He believes that instead of launching new coins, projects should focus on practical utility.
On AI agents, I have an unpopular opinion:
— CZ 🔶 BNB (@cz_binance) March 17, 2025
While crypto is the currency for AI, not every agent needs its own token.
Agents can take fees in an existing crypto for providing a service.
Launch a coin only if you have scale. Focus on utility, not tokens.🙏
CZ’s comments come amid a broader decline in the crypto market. The capitalization of AI-related crypto assets has dropped 61%, from $70.4 billion in December 2024 to $27 billion in March, according to CoinMarketCap.
“Launch a token only if you have scale. Focus on utility, not tokens,” CZ advised.
Reminder: In February, Sygnum Bank analysts noted that AI-driven cryptocurrencies could become a major trend in 2025. However, for now, they remain largely speculative assets.
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