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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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As Fartcoin price surges, profit leaders are not selling

Fartcoin price continued its strong rally this week, soaring to a record high and becoming one of the best-performing meme coins. Fartcoin (FARTCOIN) surged to a high of $1.5640, climbing nearly 10,000% from its November low. Its market cap has… Bitcoin.com