|
Feb 07
|
|
—
|
LONG
|
Austin Griffith
Ethereum Foundation / Builder
|
Austin highlights that "Clanker and Banker have done like millions and millions in fees over the last week on Base." He describes agents autonomously launching and trading tokens. This is the emergence of a new asset class: "Agentic Capital." Just as DeFi and NFTs drove previous cycles, autonomous agents launching/trading tokens is the current high-beta narrative. The tokens facilitating this (Clanker) are the "picks and shovels" of this specific mania. LONG. High-risk, high-reward play on the "AI Agent" narrative on Base. Extremely high volatility; regulatory crackdowns on autonomous financial agents; "rug pulls" by autonomous code. |
Unchained (Chopping Block)
Do We Still Need L2s Now That Ethereum Has Sc...
|