The Virtuals Protocol token, VIRTUAL, has experienced a 16% decline in the past 24 hours, dropping to $2.60. This comes after a bull rally that saw VIRTUAL reach an all-time high of $3.30 on December 16, 2024. The decline raises questions about the future of the bullish momentum. The recent surge in VIRTUAL's price can be attributed to bullish catalysts and a broader market trend, including the rise of AI agents and AI-powered software. The excitement surrounding Virtuals Protocol's launchpad functionality and the growth of AI-powered interactions also contributed to the price surge. The current decline is likely due to profit-taking and a market cool-off after the prolonged bull run. Although the market is still overbought according to the Relative Strength Index, this pullback could provide an opportunity for new investors to enter the market.



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