Here’s Why Virtuals Protocol (VIRTUAL) Price is Pumping

Virtuals Protocol is making headlines today as one of the market’s top gainers. The VIRTUAL price has jumped nearly 30%, trading at around $1.71, and its volume has spiked by more than 75%. A mix of fresh updates, hype on X, and strong chart performance seems to be fueling the surge.

One of the main drivers is the latest update to the Genesis Launchpad by the Virtuals Protocol team. In a post shared on their official X account, they revealed that developers can now activate auto-lock and vesting for their token allocations right from the launch interface. This means users can see how and when tokens will be released before they decide to back a project.

The goal here is to make things more transparent. With this update, supporters get clearer insight into how committed a project’s team is. It also helps cut down on risk, especially from quick token sell-offs. Meanwhile, developers get to focus more on building, while the backend takes care of the rest.

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Market Hype Around Genesis Participation Structure

A detailed thread posted by Arbus on April 30 outlines how Genesis presales are structured. The launchpad prioritizes ecosystem participation over capital, allocating tokens based on “Virgen Points.” These points are earned by staking, holding tokens, trading, and creating content. Points expire every 30 days, which maintains active engagement across the community.

The presales under Genesis are capped at around 566 VIRTUAL per user, with a dynamic bidding process and live leaderboards. If funding thresholds are not met, all tokens and points are refunded. Previous presales under the Genesis system have delivered strong returns, including 60x gains on BIOS and 18x on HOLLY.

Read Also: We Asked AI to Predict Cardano (ADA) Price in May

Virtuals Protocol Technical Breakout Signals Reversal

On the daily chart, VIRTUAL price broke out of a descending channel that had constrained it since January. The breakout took place in mid-April and has since been followed by a strong rally. The price surged from below $0.50 to over $1.70.

The 50-day Simple Moving Average, now at $0.7179, has been breached decisively. The Relative Strength Index stands at 86.26, indicating overbought conditions. While momentum remains strong, traders are watching for possible short-term consolidation near the $1.30–$1.40 zone.

Source: TradingView.com

Listings and Events Add to Momentum

Further interest was sparked after Binance.US confirmed the listing of $VIRTUAL. The announcement came via the platform’s official X account some days ago, adding to the token’s visibility. Meanwhile, Virtuals Protocol is set to co-host a private DeFAI event at Token2049 in Dubai. The event aims to bring together AI and DeFi founders to explore new applications for intelligent decentralized economies.

Combined, these updates have pushed both investor sentiment and trading volume sharply upward, reinforcing VIRTUAL position as a top mover in the market.

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Sarah Wurfel
Sarah Wurfel

Sarah Wurfel works as a social media editor for CaptainAltcoin and specializes in the production of videos and video reports. She studied media and communication informatics. Sarah has been a big fan of the revolutionary potential of crypto currencies for years and accordingly also concentrated on the areas of IT security and cryptography in her studies.

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