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AI Memecoin Craze Will End in a Year, Says Dragonfly Capital’s Haseeb Qureshi

The current AI agent and AI memecoin craze will run through 2025, but will die off by the end of the year, according to venture capitalist Haseeb Qureshi. Most artificial intelligence (AI) agents are not really agents at all, said Dragonfly Capital’s managing partner in a long thread on X late on New Year’s eve. They are “chabots with memecoins attached; they are barely agentic at all besides posting on Twitter.” He went on to say that most AI agents today are really “Wizard of Oz” agents. “There are humans behind the scenes ensuring the AI doesn`t go off the rails.” To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io Bitcoin.com

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Impact of a Strong Dollar on Bitcoin’s Market Dynamics and Potential Recovery Scenarios

The recent surge of the U.S. dollar poses challenges for Bitcoin as it battles to maintain upward momentum amidst shifting market dynamics. As inflationary pressures and interest rate policies continue Bitcoin.com