• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

VIRTUAL: Reasons for 73% Surge and Prospects

user avatar

by Giorgi Kostiuk

3 months 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.

0

Share

Other news

Top Meme Coins of 2025: Just a Chill Guy, Book of Meme, and a Stealth Presale

2025 is set to be a significant year for meme coins like Just a Chill Guy, Book of Meme, and the upcoming Troller Cat presale.

user avatarGiorgi Kostiuk

a few seconds ago

The Potential of MAGACOINFINANCE: Insights and Expectations

MAGACOINFINANCE captures crypto community attention with game-changing potential for 2025.

user avatarGiorgi Kostiuk

10 minutes ago

Binance Confirms FDUSD Security after Temporary De-Pegging

Binance reviews FDUSD reserves amid TRX founder's allegations. Insight into conflict and price stabilization.

user avatarGiorgi Kostiuk

11 minutes ago

Why Peter Schiff Created a Bitcoin Reserve and Accepts Donations

Peter Schiff now accepts Bitcoin donations for a reserve valued under $5,000, sparking discussions.

user avatarGiorgi Kostiuk

19 minutes ago

Superchain Interoperability: A New Era of Blockchain Technology

Superchain addresses blockchain fragmentation, enabling seamless data and asset chain interoperability.

user avatarGiorgi Kostiuk

19 minutes ago

Rise of DDoS Attacks: A Dominant Cyberwarfare Tool

Netscout reports a 12.7% rise in DDoS attacks in 2024, marking their dominance in political conflicts.

user avatarGiorgi Kostiuk

20 minutes ago

dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

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.