When AI Tokens Go South: VIRTUAL’s Epic Fail 😂

Oh, what a tangled web we weave when first we practice to deceive! Our dear friend VIRTUAL, the native token of the illustre Virtuals Protocol, has taken quite a tumble, plummeting to a mere $1.30. This marks a 17% drop in the last 24 hours, leaving us all wondering if we’ve been played by the AI gods. 🤖

After a brief dalliance with success, following a 28% surge thanks to a listing on South Korea’s leading crypto exchange, Upbit, VIRTUAL’s star has faded faster than a debutante at dawn. The announcement had briefly pushed the price to a lofty $2.61, but alas, it was not meant to be. 🌟

As of the latest CoinMarketCap data, VIRTUAL has shed half its post-listing glory in just 24 hours. On the broader stage, it’s down by 30% for the week and a staggering 68% for the month. It seems our dear token has been caught in a bearish embrace. 🐻

While VIRTUAL’s market cap has taken a hit, losing 31% over the past week, it’s not alone in its misery. Its rivals, AIXBT and AI16Z, have suffered even greater losses: -43% and -45%, respectively. Misery loves company, after all. 😢

But fear not, dear reader, for there is a silver lining in this cloud. VIRTUAL’s liquidity remains robust at $66.77 million, and its 24-hour trading volume has seen a nearly 7% increase. Whether this signals a renewed buying interest or panic selling pressure, only time will tell. 🕰️

Intriguingly, Kyle Chasse, a man of great foresight, has hinted that VIRTUAL is “doing something special.” His recent post on X suggests he’s bullish on the token and the broader AI agent narrative. It seems our dear VIRTUAL may yet have a few tricks up its sleeve. 🎩

AI AGENTS ARE FAR FROM DONE.

IN FACT HEY’RE GOING TO BE HUGE!!!

BIGGER THAN THEY ARE NOW!

THEY CAN NOW PERFORM TRANSACTIONS ON OUR BEHALF.

VIRTUALS IS DOING SOMETHING SPECIAL.

AND @aixbt_agent PREDICTED $8K $ETH IN Q2.

I HAVE A PHOTO.

— Kyle Chassé / DD🐸 (@kyle_chasse) February 3, 2025

Read More

2025-02-03 14:38