As 2025 begins, investors are optimistic about a year of stronger gains. Interestingly, with a few exceptions, most of the altcoins traded today have seen their prices increase in the past 24 hours.
According to CoinGecko: Two of the top three altcoins — Virtuals Protocol (VIRTUAL) and Kekius Maximus (KEKIUS) — posted impressive double-digit growth, while ai16z (AI16Z) bucked the trend with a decline. Here are the details.
VIRTUAL PROTOCOL
During the fourth quarter of last year, VIRTUAL was a regular on the list of traded altcoins as one of the best performers. Today, January 2, it continues to attract attention, rising by 23.60% in the last 24 hours.
VIRTUAL’s continued rise can be attributed to the growing hype around artificial intelligence and gaming, which has pushed the altcoin to new heights. Following the price surge, VIRTUAL is now trading at $4.89.
On the daily chart, VIRTUAL continues to make higher highs, indicating a notable demand for the altcoin. The Relative Strength Index (RSI) reading has also increased, indicating a notable bullish momentum around the token.
If this trend continues, the altcoin could rise to $6. However, if the demand for the Virtual Protocol token decreases, it may face a correction. In this case, the value could drop to $2.90.
KEKIUS MAXIMUS
Unlike VIRTUAL, the price of Kekios Maximus has dropped by 50% in the past 24 hours. However, this is not the main reason why it is part of the altcoins trading today.
Earlier, the Ethereum-based meme coin saw a dramatic surge after Elon Musk changed his name on X to Kekeos Maximus. However, yesterday, the Tesla CEO reverted to his original name, causing the meme coin’s market cap to drop by $300 million within an hour.
However, the 1-hour chart shows that the token has erased some of those losses. If that continues, KEKIUS could rally towards $0.28 in the short term. On the other hand, if bears take control of the price action, it could drop to $0.10.
ai16z (AI16Z)
Ai16z, a token launched by AI agent-led venture capital, has surged 20% in the past 24 hours, which is why it is trending. Additionally, the bullish sentiment around AI agent cryptocurrencies is another reason why it is on the list.
As of this writing, AI16Z is trading at $2.27. On the 4-hour chart, the Bull and Bear Power (BBP) indicator remains in the positive zone. This indicates that bulls are in control of the altcoin’s trend.
If this remains the case, the token’s value may rise towards $3.50. However, if the bears gain the upper hand, the trend may change. If this is the case, AI16Z may drop to $1.73.