AI-themed memecoins continue to dominate Smart Money portfolios, with top holdings in Fartcoin, Virtuals Protocol, and Aixbt—yet experts warn the hype may not last.
According to Nansen’s Smart Money dashboard, Smart Money’s largest holding is currently Fartcoin (FARTCOIN), with $28.68 million distributed among 76 holders. Virtuals Protocol (VIRTUAL) follows with $11.04 million held by 97 investors, while Aixbt (AIXBT) ranks third with $4.74 million across 63 holders.
All three top tokens have posted significant weekly gains, with FARTCOIN leading with 98% surge , followed by VIRTUAL at 25% and AIXBT at 32%. According to cookie.fun, these three tokens are among the top 10 AI agents by mindshare, with FARTCOIN commanding a dominant 13%. The surge aligns with a broader recovery in the AI memecoin sector, as the market cap of AI memecoins has increased by 8% in the last 24 hours alone.
However, despite the current bullish sentiment, experts remain skeptical about their long-term viability of AI memecoins, arguing that many of these tokens are little more than glorified memecoins riding the AI hype cycle.
Haseeb Qureshi, managing partner at Dragonfly Capital, believes that AI memecoins are currently in a speculative phase but lack lasting value.
“These things are not really agents. These are chatbots with memecoins attached; they are barely agentic at all besides posting on Twitter,” wrote Qureshi in his post on X.
He predicts that the novelty of AI-driven memecoins will persist through 2025 as crypto investors tend to latch onto trending narratives for a long time. But by 2026, he says, the hype will fade. As for revenue, he explained that these projects will likely shift away from memecoin-based monetization and instead adopt traditional revenue models like sponsorships, affiliate marketing, and token promotions.
“The chatbots will become so ubiquitous that people will get turned off by them. Sentiment will reverse. Seeing stories of their favorite human key opinion leaders (KOLs) losing their livelihoods will kindle a kind of class consciousness. Users will start discriminating in favor of human KOLs, even if their content is less consistent,” he explained.
Similarly, Qubic Ecosystem Representative Alberto Fernández sees AI memecoins as a temporary trend that will eventually give way to more utility-driven digital assets.
“Over the next year, I think we’ll see memecoins evolve into ecosystems that merge entertainment and community. That said, I believe this could mark one of the final phases before the memecoin bubble starts to deflate, paving the way for cryptocurrencies that offer utility beyond merely leveraging their community,” he said.
To wrap it up, while Smart Money is currently betting big on these AI memecoins, whether these bets will pay off in the long run remains to be seen, but experts are skeptical.
