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he VIRTUAL token is up 8,042% within the last 3 months. The rocketing growth sent its price to an ATH of $2.61 and market capitalization to $2.44 billion, placing VIRTUAL among the leading tokens on the world stage, well above competitors ranking in the top 100 of all cryptocurrencies.

Explosive Growth in the Crypto Industry

The price of VIRTUAL increased by 36.93% in the week according to market data, along with a 17.32% increase in trading volume. It is up by 8.8% in the last 24 hours alone, an indication that investor interest does not appear to cool off.

Virtuals Protocol chart live from CoinGecko
$VIRTUAL Token Trading Price

This development follows an 8,043% increase in the price of this token in the last 90 days alone. This is a figure that no other token in the crypto space can even begin to rival in this period.

It was partly the reason for the uptrend after going live on Binance on December 10, when it opened a VIRTUAL/USDT perpetual trading pair with 75x leverage. This move gave a good avenue for traders to take advantage of and add more interest and liquidity to the token.

Virtuals Protocol: Fueling Innovation with AI

The success of VIRTUAL is enabled through the Virtuals Protocol, a platform that provides a seamless way for users to easily create their own designed agents. Each of these uniquely functional agents within this ecosystem brings with it a token that will complement this AI and decentralized finance ecosystem.

The basis of this innovation is VIRTUAL, a native token that acts as a source layer for liquidity in such AI-driven agents. Secondly, VIRTUAL stakers can receive rewards; this means it works for two purposes. 

The first flagship example of such synergy will be Luna: the first flagship AI agent able to perform independent on-chain transactions. With this capability, we have achieved yet another major milestone in the blockchain tech space, having seen a growing convergence between the AI and crypto ecosystem.

Luna chart from VIRTUAL app
Luna Token by Virtuals

Trends & Analysis Point to Continued Demand

From a technical viewpoint, VIRTUAL has a bullish market sentiment and is at an RSI of 52.47, thus indicating a healthy market sentiment for the creation of an enabling environment for the growth or consolidation of the token without going to the overbought or oversold levels.

Virtual RSI chart from TradingView
$VIRTUAL RSI Chart Showing Value at 52.47

With strong fundamentals and rapid adoption, analysts are watching VIRTUAL closely and the likelihood that its uptrend will continue. Though short-term price action might not be what it is, the complementarity of the token with the AI-powered Virtuals Protocol makes it a very exciting purchase.

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