The Virtuals Protocol token has experienced a strong performance, reaching $3.9875 on Wednesday and increasing by over 12,000% since its lowest level in 2024, resulting in a market cap of over $2.4 billion. Virtuals Protocol is a major player in the crypto industry, providing a platform for developers to launch their AI agents. Several agents created on the platform have achieved multi-million dollar valuations. Virtuals has become one of the biggest players in the AI industry in crypto, with its platform offering easy creation, launch, and monetization of agents. The token received a boost after the developers announced a $40 million buyback and burn program for ecosystem agents, and also due to increased futures open interest and the rebound of other cryptocurrencies following positive consumer inflation data from the US. The token's price has shown a bullish reversal pattern, with a potential surge of 30% and a target of the all-time high of $5.1250.



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