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 Reports Surge in After-Hours Trading Activity

MEXC reports a significant increase in after-hours trading volume, surpassing regular hours, with 4920 tokenized stocks traded outside regular hours during July-August 2026.

user avatarTomas Novak

Wall Street Banks Bullish on SPCX Stock

Two major Wall Street banks, Mizuho and Morgan Stanley, have expressed a bullish outlook on SpaceX stock (SPCX), with price targets of $200 and $300 respectively.

user avatarMaya Lundqvist

Elon Musk Optimistic About SpaceX AI Developments

Elon Musk expresses optimism about SpaceX's AI developments, expecting significant advancements in the coming months.

user avatarKaterina Papadopoulou

MEXC Introduces MEXC CLI for Enhanced AI Trading Experience

MEXC introduces MEXC CLI, a command-line tool that allows users to connect their AI agents directly to the trading platform for seamless trading execution.

user avatarLeo van der Veen

XRP Reaches New All-Time High After SEC Settlement

XRP has surged to a new all-time high of 365 in July 2025 following a settlement in the SEC vs Ripple lawsuit.

user avatarAisha Farooq

Warren Buffett's Berkshire Hathaway to Earn $848 Million from Coca-Cola Dividends

Warren Buffett's Berkshire Hathaway is set to earn $848 million in dividends from Coca-Cola due to its long-term investment since 1994.

user avatarTenzin Dorje

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.