The price of the VIRTUAL token has been rising for three consecutive days due to robust investments in the artificial intelligence industry. Major companies such as Softbank, OpenAI, and Oracle have announced a $100 billion investment in the US, while ByteDance, the parent company of TikTok, plans to spend $12 billion on AI infrastructure. These investments are benefiting Virtuals Protocol, a company that offers a platform for developers to launch AI agents. Analysts are optimistic about the future of the AI agent industry and believe Virtuals Protocol will play an important role. The developers have also initiated a buyback of the VIRTUALS token. The VIRTUAL token has formed a double-bottom chart pattern and is moving above the 50-day and 100-day moving averages, suggesting a possible rebound and a retest of the all-time high of $5.2520. However, a drop below the key support at $2.2310 could indicate further downside.



Other News from Today