VIRTUAL: Reasons for 73% Surge and Prospects

user avatar

by Giorgi Kostiuk

2 years ago

The cryptocurrency VIRTUAL made a significant leap, reaching $3.98. This sharp rise was due to several key factors, including new initiatives, token supply reduction, and overall market growth.

New Initiatives by VIRTUAL

The first major step for VIRTUAL was the announcement of an initiative aimed at supporting the development of AI projects on the platform. This includes sustainable rewards for ecosystem builders, funded by post-bonding taxes. The project seeks to boost interest in its ecosystem and attract new investors.

Buyback and Burn Program

The second significant aspect was the announcement of a buyback-and-burn program. This involves using trading revenue to permanently remove VIRTUAL tokens from circulation, creating deflationary pressure that can potentially increase their value.

Revenue Growth and Technical Analysis

Virtuals Protocol's revenues have increased substantially, indicating a rise in user numbers and transactions. Technical analysis shows the token remains above the 50-day and 100-day moving averages, suggesting bull dominance in the market.

VIRTUAL's growth is a result of comprehensive system changes and investor interest. Technical indicators align with economic news, creating a foundation for further short-term and long-term improvements.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

MEXC's Tokenized Stocks and ETFs Experience 30% Growth

chest

MEXC reported a 30% month-on-month increase in spot trading volume for tokenized stocks and ETFs, reflecting broad-based growth.

user avatarKofi Adjeman

MEXC Reports Significant Growth in August Trading Data

chest

MEXC reports significant growth in trading volumes across various asset classes in August 2026, with a 130% month-on-month increase in stock, index, and ETF Futures.

user avatarTando Nkube

TRON DAO Enhances MetaMask Connectivity for Users

chest

TRON DAO announces enhanced MetaMask connectivity for various dApps, improving user interaction within the TRON ecosystem.

user avatarNguyen Van Long

MetaMask Connectivity Now Supported by Leading TRON dApps

chest

Four major decentralized applications in the TRON ecosystem have integrated MetaMask connectivity, enhancing user access to on-chain finance.

user avatarSatoshi Nakamura

AI Researchers Reduce Quantum Attack Resource Benchmark by 86 Times

chest

Researchers have reduced the computing resources needed for a potential quantum attack on Bitcoin and Ethereum by 86 times.

user avatarJesper Sørensen

Regulators Urge Faster Cybersecurity Measures in Banking Sector

chest

Regulatory bodies are urging banks to adopt quicker patching and incident response strategies to combat evolving cyber threats.

user avatarRajesh Kumar

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.