VIRTUAL Cryptocurrency Outperforms Top 100 Coins with 8043% Growth

VIRTUAL skyrocketed 36.93% in the past week amid Binance Futures listing.
Virtuals Protocol allows users to deploy to their own AI agent with a cryptocurrency.
Luna, Virtuals Protocol’s flagship AI agent, is the first of its kind to make an on-chain transaction.

Virtuals Protocol (VIRTUAL) has skyrocketed a massive 8043.52% in the last 90 days, hitting a new all-time high of $2.61 around 11 hours ago and a market capitalization of $2.44 billion. This price surge makes VIRTUAL a standout performer among the top 100 cryptocurrencies on CoinMarketCap.

Just in the past day, the altcoin has surged around 3.50% following a 17.32% increase in trading volume. This follows the world’s largest crypto exchange Binance listing VIRTUAL/USDT with 75x leverage on December 10th, giving investors additional options to diversify their portfolios. According to CoinMarketCap data, VIRTUAL is up 36.93% in just seven days.

Notably, The project lets users deploy their own AI agent (with its own token) in just 5 minutes and focuses on integrating artificial intelligence and the metaverse sectors. The VIRTUAL token serves as initial liquidity for the liquidity pool and is locked/staked indefinitely to earn rewards.

Virtuals Protocol launched just a few weeks ago and has shown monumental growth with the debut of its flagship project Luna with its native token LUNA (not to be confused with Terraform Labs’ LUNA and LUNC). Luna is allegedly the first AI agent to make an on-chain transaction.

Imagine a Pump Fun for Artificial Intelligence (AI) Agents

You can now deploy your own AI agent (with its own token) in just 5 minutes

Virtual Protocol’s token has been up only since launch. Here’s how it works

🧵(1/9) pic.twitter.com/OjAkzZoHeO

— s4mmy.moca (@S4mmyEth) October 25, 2024

Will VIRTUAL Prices Continue to Rise?

The Relative Strength Index (RSI) for the VIRTUAL token is at 51.52, which suggests that bulls are in control. Also, the gradient of the line suggests that prices will move sideways for a short duration.

However, the VIRTUAL token confirmed a bearish divergence on the MACD indicator, which means that bears have taken over and selling pressure is mounting. If the signal line and the MACD line start moving closer to each other, buyers might take over in the near future.

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.