According to CoinGecko market data, the Virtuals Protocol protocol token VIRTUAL soared by more than 24% today (2nd), successfully breaking through 5 US dollars, setting a record high, driving the token market value to exceed 5 billion US dollars. The impressive gains were largely driven by the project’s strategic positioning in the field of artificial intelligence (AI). The VIRTUAL token was one of the best-performing cryptocurrencies in December 2024, rising a whopping 40,825% over the past year.
The outstanding performance of VIRTUAL tokens is mainly due to its association with AI agents. The Virtuals Protocol platform allows users to create and manage multi-functional AI Agents. The applications are quite diverse and can automatically perform tasks such as content generation, transactions, and account management. , Representative AI Agents include GAME, AIXBT, etc., with market values exceeding US$300 million and US$600 million respectively.
The next potential catalyst for VIRTUAL coin price is expected to be listing on first-tier exchanges such as Binance and Coinbase, with most of the current trading volume coming from exchanges such as Bybit, Bitget and Gate.io.
In addition, the popularity of the Base ecosystem has further fueled the rise of the token. The chain has now become the largest Layer 2 network in the industry, with a total total value locked (TVL) of more than 3.7 billion US dollars, and has processed 181 billion since its launch. Decentralized exchange (DEX) trading volume in USD.
"VIRTUAL token soared to a new high of $5, and its market value exceeded $5 billion." This article was first published on (Block Guest).
