CandleFocus Crypto AI agent platform Virtuals Protocol hits $1.4 billion market cap
2024-11-29
Author: Content Editor
Virtuals Protocol, an AI agent deployment ecosystem built on Base blockchain, has achieved a market cap of $1.4 billion as the demand for AI agents expands. The platform's native token, VIRTUAL, has surged by 150% in value over the past week. Base, the underlying blockchain for Virtuals Protocol, has also experienced significant growth, with its total value locked reaching $3.5 billion and weekly transactions climbing to nearly 54 million. Users can create AI-powered virtual characters by purchasing VIRTUAL tokens, and when the agent's token reaches a certain market cap, a liquidity pool is created on Uniswap. The success of Virtuals Protocol can be seen through the market caps of its AI agents' tokens, such as AIXBT, VaderAI, and LUNA. The integration of the Phantom wallet with Base has contributed to the ecosystem's growth and interest in Virtuals Protocol.
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