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Virtual Protocol (VIRTUAL) Smashes 2-Month Peak as AI Agents Go Berserk

Virtual Protocol (VIRTUAL) Smashes 2-Month Peak as AI Agents Go Berserk

Author:
Beincrypto
Published:
2025-04-29 10:00:00
6
1

Another day, another crypto pumping on vaporware promises—but this time, the bots are doing the buying. Virtual Protocol’s VIRTUAL token just ripped past resistance levels not seen since February, fueled by what insiders call ’an unprecedented surge in AI agent activity.’

Decentralized puppet show or legit demand? The protocol’s claiming its infrastructure is becoming the go-to sandbox for autonomous AI agents needing blockchain-based identity and computation. Meanwhile, traders are just thrilled something’s moving in this sideways market.

Funny how these ’breakthroughs’ always coincide with Bitcoin deciding not to crash for five whole minutes. The AI gold rush plays well—until the next shiny protocol distracts the algorithmic horde.

VIRTUAL Token Rockets to 2-Month High

According to Dune Analytics, the number of unique active wallets holding Virtual Agents’ tokens across the Base and Solana blockchains has jumped by 95% in the past five days.  

Virtual Protocol Daily Active Wallets

Virtual Protocol Daily Active Wallets. Source: Dune Analytics

 This spike in wallet activity highlights growing user engagement with the platform’s AI agent ecosystem, as more participants join to create, deploy, and interact with decentralized AI services.

Buying pressure on VIRTUAL has intensified as users seek to acquire Virtual Agents and participate more actively in the protocol. Over the past week, the token’s price has climbed by 161%, reflecting the heightened demand.

Today alone, VIRTUAL is up 18%, making it the top gainer across the cryptocurrency market. As of this writing, it trades at a two-month high of $1.46, with technical indicators pointing to further price rallies. 

Readings from VIRTUAL’s Chaikin Money Flow (CMF) indicator, which tracks capital accumulation into an asset, confirm the high demand for the altcoin. At press time, this momentum indicator is above the zero line and in an upward trend at 0.23. 

VIRTUAL CMF

VIRTUAL CMF. Source: TradingView

When an asset’s CMF is above zero, buying pressure exceeds selling activity among market participants. This trend, coupled with VIRTUAL’s rising price, is a significantly bullish signal, hinting at an extended rally where the token could record new multi-month highs. 

Triple-Digit Rally Signals Possible Run to $2.25

VIRTUAL’s triple-digit spike over the past week has pushed its price above the key resistance of $1.44. If demand strengthens and the bulls retain market control, the altcoin could extend its current gains and climb toward $2.25, a high it last reached on January 31. 

However, caution may be warranted in the short term. Technical indicators such as the Relative Strength Index (RSI) show that VIRTUAL currently trades in overbought territory. As of this writing, the momentum indicator is 83.92, indicating that the altcoin is significantly overbought and is due for correction.

VIRTUAL Price Analysis

VIRTUAL Price Analysis. Source: TradingView

If profit-taking activity commences, VIRTUAL could lose some gains, fall below $1.44, and target $0.96. 

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