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

Satoshi Nakamoto Statue Unveiled in Vienna

Bitcoin Austria has unveiled a statue of Satoshi Nakamoto in Viertel Zwei, a lakeside business quarter in Vienna. This statue is part of a global initiative to place 21 identical Satoshi statues in 21 countries.

user avatarFilippo Romano

Nvidia Appoints Colette Kress as Interim CEO and Harvey Jones as Board Chair

Nvidia appoints Colette Kress as interim CEO and Harvey Jones as board chair following Jensen Huang's resignation.

user avatarEmily Carter

Nvidia Board Evaluates Arm CEO Rene Haas as Successor to Jensen Huang

Nvidia's board is evaluating Arm CEO Rene Haas as a potential successor to Jensen Huang, who recently resigned.

user avatarTomas Novak

Unocoin Suspends Services Amid Investigation of Suspicious Transactions

Unocoin has suspended services to investigate unauthorized transactions linked to its BitGo wallet.

user avatarKaterina Papadopoulou

Chinese Developers Invest Billions in AI Data Centers Amid US Restrictions

Chinese developers are investing over $32 billion in AI data centers using Nvidia processors, despite US restrictions.

user avatarMaya Lundqvist

French Investors Increase Stablecoin Self-Custody

In France, stablecoin balances held in personal wallets surged by 192% from July 2025 to June 2026, indicating a growing trend towards self-custody among French crypto users influenced by fiscal pressures and political uncertainty.

user avatarLeo van der Veen

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.