The Virtuals Protocol (VIRTUAL) token has seen notable growth in recent days and leads the weekly rise in the digital asset market.
This is the native currency of Virtuals Protocol, a platform focused on the creation and tokenization of artificial intelligence (AI) agents freelancers who can interact through video games or social networks.
Likewise, the platform has facilitated the launch of AI-powered memecoins and tokenswhich increased its visibility and adoption in the market.
In the last 7 days, VIRTUAL went from $2.91 to $5.03thus marking a new all-time high (ATH). This is a weekly increase of 60%.
At the time of publishing this note, the token is trading at $4.58.
Currently, VIRTUAL is ranked 32nd in the ranking of cryptocurrencies with the highest market capitalization, with a value that exceeds $4.5 billion.
One fact that explains the price increase is that Grayscalea digital asset investment product management company, included VIRTUAL in the list of the 20 cryptocurrencies with the most potential for the first quarter of 2025. The institutional interest reflects the trust and viability that exists around this project.
Another issue to take into account is that more than 21,000 tokens have already been created from November to the present, among which aixbt by Virtuals (AIXBT) and luna by Virtuals (LUNA) stand out. These assets recorded a weekly price increase of 56% and 44%, respectively.
According to data from CoinGecko, the market capitalization of the ecosystem Virtuals Protocol It is 6.3 billion dollars. While in the last 24 hours, a trading volume of more than $1.24 billion was recorded, which reflects the activity that currently exists in this environment and generates an upward momentum in the VIRTUAL price.
For Thejaswini, cryptocurrency market analyst, “we are seeing how AI is changing not only the way we trade cryptocurrencies, but also the way we think about digital property itself.” This boom in AI memecoins was sparked by the appearance of the bot called Terminal of Truths (ToT).
As CriptoNoticias already reported, ToT promoted Goatseus Maximus (GOAT), a token created on the pump.fun memecoin platform, which operates on the Solana network, using social network analysis and market patterns. This approach managed to capture the attention of investors in mid-October 2024, causing a spectacular increase of more than 7,000% in its price.
The performance that GOAT had was the catalyst for the rest of the platforms to create AI agents like Virtuals Protocol.
Thejaswini highlights that “the global market for artificial intelligence agents is projected to grow from $5.29 billion in 2024 to $216 billion in 2035.”
He also explains that this will be possible thanks to the growth of cryptocurrency technology and advanced language models.
