The “Virtual” Cryptocurrency Soared 200% in a Month : What’s Fueling the Hype ?
Fueled by institutional investments and cutting-edge tokenomic innovation, the Virtuals protocol and its VIRTUAL token are emerging as a leading reference in Decentralized Intelligence.
The Virtuals protocol, built on the Base blockchain (an Ethereum Layer 2 network developed by Coinbase), enables the creation, deployment, and ownership of AI-based smart agents. In a context where decentralized AI is becoming a hot topic within crypto ecosystems, Virtuals capitalizes on new technological trends.
Its token VIRTUAL is used for staking AI agents, participating in token launches via Genesis, and protocol governance. This plurality of uses attracts both active users and institutional investors.
Impressive Growth for VIRTUAL
According to on-chain data from Nansen, the VIRTUAL token has seen an outstanding performance of +207% over the last 30 days. It significantly outperforms Bitcoin(+13%) and the major cryptocurrencies in the market.
Source: CoinDesk
During this period, the “smart money” – wallets identified as belonging to institutions or influential whales in the Web3 space – has heavily invested in VIRTUAL, with $14.2 million in net flows.
This bullish momentum is partly explained by the recent launch of the “Genesis Launchpad” system. It is an innovative “Proof of Contribution” mechanism that rewards real user engagement rather than mere speculators. Since its deployment, most tokens launched via Genesis have at least doubled, sparking high interest in the Virgen point.
The Strategic Impact of Genesis
The deployment of the Genesis Launchpad system has been a major catalyst for the rise of the VIRTUAL token. Unlike traditional Initial DEX Offering (IDO) platforms, Genesis is based on a “Proof of Contribution” mechanism. It awards “Virgen” points based on user involvement (staking, contributing to AI projects, etc.). This innovativemodel favors builders and active users over mere capital providers.
The VIRTUAL token now stands as a pivotal asset in the Decentralized Artificial Intelligence (DeAI) ecosystem, leveraging growing institutional interest and a contribution-focused economic model.
Gaston has been a writer for over 7 years and a passionate cryptocurrency enthusiast since 2020. He loves exploring the crypto ecosystem and is now dedicated to sharing his insights and discoveries through InvestX.
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