VIRTUAL has surged by 17.5% today, racing to $1.64 as the cryptocurrency market as a whole rises by 1.5% in the past 24 hours.
This move puts the AI-focused coin up by 139% in a fortnight and by 250% in a month, while it also sits on a hugely impressive 1,350% gain in a year.
VIRTUAL’s trading volumes have exploded over the past couple of weeks, rising from around $60 million on April 21 to $570 million today.
This increase has followed from a recent uptick in whale purchases, while Virtuals’ fundamental position as a decentralized AI platform puts it in a very strong position to grow over the longer term.
Is VIRTUAL the Next AI Mega Coin?
Looking at VIRTUAL’s chart, it’s encouraging to note that the coin’s 30-day average (orange) has just overtaken the 200-day (blue), forming a golden cross that usually signals a break out.
It’s also bullish that VIRTUAL’s relative strength index (purple) is rising back towards 70 after dipping a little over the past couple of days, suggesting that it has firmly entered a growth spurt.
Source: TradingViewIndeed, VIRTUAL had been struggling for two or three months prior to this week’s lift, meaning that it remains strongly undervalued and has plenty of room left to rise.
Also bullish is the fact that transfer data has revealed that whales have been stocking up on VIRTUAL in the past couple of weeks, an indication that smart money expects the coin to continue rising in the near term.
And in the longer term, VIRTUAL is arguably one of the most bullish altcoins in the market, given the promise of the Virtuals Protocol as a platform.
Its network allows for the creation and deployment of AI agents, which developers can program to perform a variety of functions, spanning commerce and trading.
Since its mainnet went live in October 2024, it has grown to encompass over 180,000 owners of AI agents and over 17,000 developers, according to its website.
On the other hand, DappRadar data currently states that Virtuals Protocol has 2,000 unique active wallets, whereas the same figure for Ethereum (for example) is 1.36 million.
As such, it still has plenty of work left to do, but with AI remaining the biggest area of tech, it certainly has the potential for big future growth.
The VIRTUAL price could therefore reach $2 again by June, while it could reach $5 by the end of the year.
This Explosive Presale Token Could Crush the Market After Launch
Virtuals Protocol is one of the most exciting new entries in the top 100, but it won’t be the only altcoin performing well over the coming the weeks.
Certain newer coins are also likely to outperform the market this summer, including several presale tokens that have generated substantial momentum.
Chief amongst them is Solaxy (SOLX), a layer-two network for Solana that has now raised a whopping $33.6 million in its ongoing ICO.
This makes it one of the biggest sales of the year, and with over 72,000 followers on X, Solaxy is also one of the most popular unlaunched coins in the market.
It owes its popularity to the fact that it’s Solana’s first true layer-two network, and as such it will provide users with very low transactions fees and super fast confirmation times.
Additionally, it will also enable instant bridging between itself and Solana, with compatibility with other major chains coming after its launch.
Solaxy is aiming to because an important hub for meme token trading, which remains probably the biggest part of the Solana ecosystem.
This could help it grow quickly once it launches in the next few weeks, with SOLX attracting huge demand as the only means of paying for its transaction fees.
Investors can join the coin’s presale at the Solaxy website, with SOLX available at $0.001718.
This price will rise again tomorrow, yet given the size and success of Solaxy’s presale, it could rise much higher once the token launches.
The post Is VIRTUAL the Next AI Mega Coin? 200% Rally + Whale Inflows Signal More Upside (Price Prediction) appeared first on Cryptonews.
