Why Is Virtual Protocol (VIRTUAL) Price Pumping?

The VIRTUAL token has surged 27% today, currently trading at approximately $1.27, making it one of the top performers in the crypto market.

Crypto analyst ElonMoney just shared some interesting data on X. Their latest post shows Virtual Protocol pulled in $600K in fresh money today. ElonMoney, who has over 51K followers, noted this wasn’t from the usual big players or institutional money. This kind of retail interest often signals growing momentum.

What is Virtual Protocol?

Virtual Protocol is shaking things up in the AI world. Think of it as a platform where AI agents can work on their own, make decisions, and even handle money through their own crypto wallets. Pretty cool, right?

The whole system is built to be super user-friendly. Developers don’t need to be AI experts to get started – they can just plug in and start building. The platform takes care of the complex stuff behind the scenes.

One of the most interesting things about Virtual Protocol is how it handles ownership and rewards. When someone helps build or improve an AI agent, they get a fair share of any money it makes. Everything’s recorded on the blockchain, so it’s all transparent and can’t be messed with.

Each AI agent is basically a digital asset – like an NFT that can make money. Multiple people can own a piece of these AI agents and share in the profits they generate.

VIRTUAL Price Prediction

The recent VIRTUAL price pump looks solid, backed by real activity on the network. Still, let’s keep it real – VIRTUAL is trading way below its all-time high of $4.6. We’re talking about a 75% drop from the peak.

Looking at the charts, $1.30 is acting as immediate resistance. If we break above that, we could see a push toward $1.45, where a lot of sellers might step in. On the downside, there’s decent support at $1.15, with a stronger floor at $1.

The momentum looks good for the next few days, especially with this fresh money coming in. But remember, crypto is wild – things can change fast.

Read also: Analyst Predicts Kaspa Price Surge to $10, Says 50,000 KAS is a Must-Have – Here’s Why

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Petar Jovanović
Petar Jovanović

As the Head of Content at Captainaltcoin, I bring years of experience in the crypto industry. With a strong belief in the potential of the web3 market since 2017, I'm passionate about sharing valuable insights and knowledge. Feel free to connect with me on LinkedIn and let's discuss the exciting world of cryptocurrencies and decentralized technologies!

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