The VIRTUAL token, which powers Virtuals Protocol, has experienced a 29% increase in value in the past 24 hours, making it the top gainer in the market. However, there are concerns about the sustainability of this rally as there have been significant outflows from the VIRTUAL spot market, suggesting that speculative trading rather than real demand is driving the price surge. The plummeting Chaikin Money Flow and the token's position below its all-time high also indicate a bearish outlook. While there is potential for the price to revisit its peak if demand resurges, the current lack of market participation raises doubts about this possibility.



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