CandleFocus VIRTUAL Token Hits All-Time High as Trading Volume Exceeds $220 Million
2024-12-13
Author: Content Editor
The price of the VIRTUAL token, the native token of the Virtuals Protocol decentralized platform for AI agents, reached an all-time high of $2.39 during Friday's Asian session. Despite a slight 5% decrease, the token remains 18% higher than 24 hours ago, making it the top gainer in the market. The surge in price has also been accompanied by a significant increase in trading volume, signifying broad market participation and actual demand. Open interest, which measures outstanding derivative contracts, has also reached an all-time high, indicating increasing market participation and the potential for continued upward momentum. The bullish outlook is further supported by the Elder-Ray Index, which shows strong buying pressure. If the uptrend continues, the token could surpass its previous all-time high, but profit-taking may drive the price down to $1.83.
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