On December 16, the price of the Virtuals Protocol token reached a new all-time high of $2.96 on major crypto exchanges, spurred by interest in AI and metaverse-based projects.
Token Breaks Record
The VIRTUAL token reached $2.96, marking a historic high for the Virtuals Protocol project. This project offers an AI agent Launchpad on Layer-2 platform Base. As Bitcoin surged past $106,000, the interest in AI-powered autonomous software continues to rise.
Reasons for VIRTUAL's Popularity Surge
AI agents like Terminal of Truths, which achieved millionaire status on X, help currencies discussed become market leaders. The surge in interest in AI protocols, applications, and tokens has propelled VIRTUAL, with platforms like OKX and Hyperliquid recently offering futures contracts with leverage up to 5x.
Market Reaction and VIRTUAL's Future
Open interest in VIRTUAL has spiked over 45% in the past 24 hours, exceeding $107 million. Over the past month, the token's price has risen by 426%, drawing significant interest from investors and exchanges such as Binance.
The Virtuals Protocol token is thriving amidst growing interest in AI-based technologies and solutions, confirming its relevance in the rapidly evolving crypto space.
