AI crypto projects were some of the performers in the crypto space, while meme coins and modularity projects experienced notable declines.
Data from Web3 analytics platform Dexu AI reveals that AI agents delivered a 72.2% return in the past month. Leading this growth were ai16z (AI16Z) and Phala Network’s PHALA token, which surged by 295% and 209%, respectively. Other notable performers included Virtuals Protocol (VIRTUAL), up 132%, and AiXBT, which gained 125%.
Related: Virtuals Protocol Surges Over Roughly 100% in A Month: What’s Driving This Growth?
Several market observers have emphasized the transformative potential of AI agents in crypto, citing their ability to execute transactions, manage wallets, and develop investment strategies.
Centralized exchange (CEX) tokens also had a strong month, gaining 41.37%, while the “sweat-spot” sector, which combines blockchain with user-centric applications, rose by 24.4%. Decentralized finance (DeFi) and derivatives showed moderate growth of 13.2% and 12.3%, respectively, while real-world assets (RWA) increased by 7.21%.
Meme coins saw a 28.7% drop over the month, potentially due to waning investor interest. A recent Binance report noted that meme tokens had surpassed Bitcoin and Ethereum in ownership, but prices of major assets like Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE) fell by double digits. Dogwifhat (WIF) suffered the steepest decline, losing 41% of its value.
The modularity category recorded the largest loss, dropping 32.1%, followed by low-risk tokens (LRTs), which fell by 30.8%. GameFi and privacy tokens also declined, with losses of 21.78% and 12.46%, respectively.
Read more: Bitcoin Reserve: Galaxy Digital Says The US Will Not Buy BTC In 2025
Paranaque City, Philippines, 23rd June 2025, ZEX PR WIRE, Are you on the hunt for…
New campaign celebrates a story rooted in ambition, hustle and the kind of hospitality that…
Dubai, UAE, 20th June 2025, ZEX PR WIRE, LF Labs is building a unified Web3…
Paranaque City, Philippines, 20th June 2025, ZEX PR WIRE, Love crypto for betting? If yes,…
Dubai, UAE, 17th June 2025, ZEX PR WIRE, Since the launch of R2 Protocol’s first…
Paris, France, 12th June 2025, ZEX PR WIRE, Understand Tech, a leading enterprise AI platform,…