Moltbook's Paradox: The more the coin price stalls, the more users surge.

Author: Haotian

Although the price of $Molt has already bottomed out, the number of agents registered on @moltbook has surpassed 2.6 million, and the platform effect continues to grow like a snowball.

What does this indicate? It shows that this wave of the Agentic Economy has finally begun to decouple from the “pure concept-driven token issuance” AI MEME play.

It’s not surprising that the market criticizes AI as unrelated to blockchain, because over the past two years, the core driving forces behind the AI agent token issuance wave and the x402 protocol hype have been: MEME token issuance and the benefit effect.

Under this logic, token price drives narrative, but it will inevitably destroy the narrative. Once the myth of wealth creation collapses, all that remains is chaos.

But the vitality demonstrated by Moltbook this time is completely different. A large number of users continue to deploy agents, and Moltbook itself is a foundational space that provides social interaction, identity verification, and command distribution, becoming an incubator for the emergence of the Agentic Economy.

You will find that these millions of agents are not only chatting on Moltbook but also discovering tasks, executing tasks, and even participating in decentralized governance through Moltbook. They can also earn rewards through micro-payments via the x402 protocol.

A closed-loop commercial ecosystem of agents that creates value, divides labor, collaborates, and distributes rewards is gradually taking shape.

The key is that this developmental momentum is not controlled by the token price, and people’s concern is no longer just about the token price but about a gradually growing and thriving Agentic Silicon-based business society.

Even without the stimulation of token prices, these 2.6 million agents are still posting, interacting, trading, and even forming “digital religions” and “prompt word black markets.”

In the past, it was “doing agents to issue tokens,” but now it is “economic activity generated through interconnected agents.” It is precisely this departure from the MEME token hype model, with growth driven by platform-intrinsic value, that marks the true beginning of the significant development of this wave of the Agentic Economy.

Bullish on the Agentic Economy!