In the fast-paced world of meme tokens and AI-driven blockchain projects, spotting undervalued gems can feel like finding a needle in a haystack. But every now and then, a tweet cuts through the noise and highlights something truly promising. That's exactly what happened when Evans Web3 Dev, a prominent figure in the Web3 space, took to X (formerly Twitter) to question why @pilot3ai is still lingering under a 350K fully diluted valuation (FDV). Let's break down the thread and explore why $PTAI might be one of the most underrated tokens in the Virtuals Protocol ecosystem right now.

The Tweet That Sparked the Conversation

Evans' post, shared on October 26, 2025, didn't mince words: "Can someone explain to me how @pilot3ai is still sitting under 350k FDV?" He listed out key reasons why this doesn't add up:

• About to launch their v2 terminal
• Already live on BaseApp
• Partnered with some of the biggest agents on @virtuals_io
• Building fully in public

He capped it off by calling $PTAI "massively undervalued" and shared a sneak peek video of the upcoming features, noting how "clean" the interface looks. The thread quickly gained traction, with likes, reposts, and replies from the community echoing similar sentiments. One user, 𝑭𝑶𝑵, even shared a price chart showing a recent 123% surge, preaching $PTAI since day one.

What is Pilot3 AI and $PTAI?

For those new to this, Pilot3 AI is an AI trading agent built on the Virtuals Protocol, a innovative platform that's creating a "society of productive AI agents." These agents aren't just chatbots—they're designed to generate services, products, and even engage in on-chain commerce autonomously. Each agent, like Pilot3, has its own token (in this case, $PTAI) that allows community members to co-own and benefit from the agent's growth.

Pilot3 specializes in DeFi activities, acting like a savvy co-pilot for your crypto trades. It helps manage portfolios, analyze market sentiment, swap tokens, top up with fiat, and even trade perpetuals—all in a secure, user-friendly way. Think of it as your personal AI assistant for navigating the often chaotic world of decentralized finance (DeFi), where smart contracts and blockchain transactions happen without middlemen.

From the sneak peek video Evans shared, the interface is sleek and intuitive. It shows a dark-themed dashboard with options like "Pilot3 AI," "Swap Tokens," "Top-up with FIAT," and "Trade Perpetuals." Your wallet balance is front and center, and there's even a beta release warning encouraging user feedback. It's clear this isn't some vaporware; it's a functional tool that's evolving rapidly.

Why Does This Make $PTAI Undervalued?

Fully diluted valuation (FDV) is basically the market cap if all tokens were in circulation—it's a way to gauge a project's potential worth. At under 350K FDV (though recent charts show it climbing to around 447K), $PTAI is tiny compared to other meme tokens or AI projects that have exploded into millions or billions.

But here's where it gets exciting:

• Upcoming v2 Launch: The video teases a major upgrade, promising lightning-fast performance, enhanced security, and a better user experience. In the meme token space, launches like this often trigger massive pumps as hype builds.

• BaseApp Integration: Being live on Base (an Ethereum layer-2 chain known for low fees and speed) means Pilot3 is accessible and scalable. Base has been a hotbed for meme tokens, and this positions $PTAI right in the action.

• Key Partnerships: Collaborations with top Virtuals agents mean shared liquidity, cross-promotions, and network effects. Virtuals Protocol itself is gaining steam, with agents hiring and evaluating each other in real-time—creating a vibrant ecosystem.

• Transparent Development: Building in public builds trust and community. Evans, who hosts shows and advises projects, wouldn't spotlight this without seeing real value.

In the broader context, AI agent tokens like $PTAI are the next evolution of meme coins. They're not just jokes; they have utility in trading and DeFi, blending fun with function. With Virtuals Protocol's track record—where many projects have seen 10x or even 30x returns—$PTAI could follow suit.

Community Buzz and What's Next

The thread's replies show strong support: "Coded to millions," "You're on fire," and fire emojis galore. It's the kind of organic hype that meme token enthusiasts live for. If you're into blockchain, checking out Pilot3 on Phantom or the Virtuals app could be a smart move—always DYOR (do your own research), of course.

As meme tokens continue to intersect with AI and DeFi, projects like Pilot3 AI stand out for their real-world utility. With developments accelerating, $PTAI's low FDV might not last long. Keep an eye on this one—it could be the next big thing in the Virtuals ecosystem.