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99% of AI Agent Tokens Are Scam, Says On-Chain Analyst, ZackXBT
Home Articles 99% of AI Agent Tokens Are Scam, Says On-Chain Analyst, ZackXBT

99% of AI Agent Tokens Are Scam, Says On-Chain Analyst, ZackXBT

Alice Leetham
Alice Leetham
Alice Leetham
Author:
Alice Leetham
Writer & Editor
Alice is a content writer and editor at Bankless Times. As a cryptocurrency and content specialist, she has reported on crypto news, produced user guides, and crafted content for exchanges. She has first-hand experience in trading and investing, and in her spare time, she writes the puzzle page for a regional magazine and rings church bells.
Updated: October 16th, 2025

Popular on-chain analyst ZackXBT has criticized the current trend of AI agent tokens.

In an X (formerly Twitter) post, ZackXBT berated the current AI token narrative, calling them worse than Meme coins.

This criticism comes in response to Justin Taylor, another cryptocurrency commentator, who questioned the necessity of tokens for AI agents.

Justin has previously expressed skepticism about web3 games and NFTs.

Solana Founders Call AI Agent Tokens Overrated

ZachXBT’s position on AI Agents aligned with an anonymous survey of Solana founders. Most Solana founders voted for AI agents and Blinks as the most over-hyped sectors within the Solana ecosystem, with Restaking and Decentralized Science (DeSci) trailing closely behind

The AI agent trend, which began in late 2024, has been a focal point this year. With a market cap of $16.8 billion and over $2 billion in daily trading volume, it is often compared to meme coins, another informal phenomenon.

Dragonfly Founder and Open AI’s Sam Altman Believe in AI Tokens

Haseeb Qureshi, the founder of Dragonfly, in his 2025 prediction for the crypto market, also acknowledged the potential of AI agent tokens. He believes these tokens can be integrated into various narratives, from AI-powered static analysis to more on-chain experimentation. However, like ZackXBT, he is skeptical about the long-term prospects of this technology and believes it is a fad that will likely not spill into 2026.

Sam Altman of OpenAI, in a Jan 6 blog, also shared his thoughts on AGI and AI Agents. He believes AI agents could be workforce-ready by 2025, and could alter the way businesses operate.

Top AI Agent Gainers

The top AI agent token gainers in the last 7 days are:

AI Agent token7-day Gain
Universal Operating System ($UOS)1719%
BankrCoin ($BNKR)1224%
SuiAI ($SUAI)691%
Swarms ($SWARMS)596%
AI Shell NOVA ($NOVA)455%

READ MORE: Is 2025 the year of Meme Coins? – Expert Analysis

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Alice Leetham
Writer & Editor
Alice is a content writer and editor at Bankless Times. As a cryptocurrency and content specialist, she has reported on crypto news, produced user guides, and crafted content for exchanges. She has first-hand experience in trading and investing, and in her spare time, she writes the puzzle page for a regional magazine and rings church bells.