The Virtuals Protocol (VIRTUAL) altcoin experienced a significant surge in price in 2024, increasing by over 23,000%. This rally was driven by the growing hype surrounding artificial intelligence agents. Virtuals Protocol aims to become the leading decentralized AI agent network in the crypto industry by allowing users to create these agents. Some of its top agents have achieved multi-million market caps. The price movement of VIRTUAL has followed the trend of other AI-focused companies like NVIDIA, Palantir, and Broadcom. In 2025, potential catalysts for VIRTUAL's price include further growth in AI agents and potential listings on exchanges such as Binance and Coinbase. However, there are risks involved, such as a potential slowdown in the AI industry and concerns about overvaluation. The VIRTUAL token also faces mean reversion and Wyckoff Method risks, which could lead to a sharp drop in price. Currently in the mark-up phase, the coin may move to the distribution phase and potentially drop to around $2.
- Content Editor ( crypto.news )
- 2024-12-27
VIRTUAL price surged in 2024, but faces potential risks in 2025