The Virtuals Protocol and its VIRTUAL token made waves in late 2024, especially after receiving a nod from Coinbase CEO Brian Armstrong.
Riding the momentum of a bullish market, the token soared to an all-time high of $5.07 on Jan. 2, 2025. However, its value has retreated since then, with the price sitting around $3.50 as of Jan. 10.
Let’s check out the latest Virtuals price predictions, explore its price history, and provide an overview of the Virtuals Protocol and how it functions.
Here are the Virtuals Protocol price predictions made by CCN on Jan. 10. Since the Virtuals’ price history goes back less than a year, we will only make a short-term price prediction rather than the usual one for the end of 2025, 2026, and 2030.
The most likely wave count suggests VIRTUAL is in the fourth wave of its five-wave increase. The sub-wave count is in black, showing an extended third wave.
Wave four could end near the closest horizontal support at $1.60, leading to the beginning of the fifth and final wave.
A likely target for the top of wave five will become clear once wave four is over. A preliminary target is at $12.40, likely to be reached in February based on the slope of the ascending resistance trend line.
Afterward, VIRTUAL could begin a lengthy correction.
The VIRTUAL price prediction for the next 24 hours is bearish. VIRTUAL is likely to continue falling toward the closest support at $1.60.
The Average True Range (ATR) measures market volatility by averaging the largest of three values: the current high minus the current low, the absolute value of the current high minus the previous close, and the absolute value of the current low minus the previous close over a period, typically 14 days.
A rising ATR indicates increasing volatility, while a falling ATR indicates decreasing volatility.
Since ATR values can be higher for higher-priced assets, normalize ATR by dividing it by the asset price to compare volatility across different price levels.
On Jan. 10, 2025, Virtuals’ ATR was 0.519, suggesting relatively high volatility.
The Relative Strength Index (RSI) is a momentum indicator traders use to determine whether an asset is overbought or oversold. Movements above 70 and below 30 show over and undervaluation, respectively.
Movements above and below the 50 line also indicate if the trend is bullish or bearish.
On Dec. 2, 2024, the VIRTUAL’s RSI was at 51, indicating basically neutral conditions, with perhaps slightly bullish tendencies.
VIRTUAL operates in the AI sector of cryptocurrencies, so let’s compare them with similar tokens.
Now, let’s look at some key dates in the VIRTUAL price history. While we should never take past performance as an indicator of future results, knowing what the coin has achieved can provide us with some very useful context if we want to make or interpret a VIRTUAL price prediction.
Time period | VIRTUAL price |
---|---|
Last week (Jan. 3 2025) | $4.61 |
Last month (Dec. 10, 2024) | $1.70 |
Three months ago (Oct. 10, 2024) | $0.05922 |
Launch price (Feb. 16, 2024) | $0.04201 |
All-time high (Jan. 2, 2025) | $5.07 |
All-time low (July 5, 2024) | $0.02018 |
The market capitalization, or market cap, is the sum of the total number of VIRTUAL in circulation multiplied by its price.
On Jan. 10, 2025, VIRTUAL’s market cap was $2.25 billion, making it the 52nd-largest crypto by that metric.
On Jan. 10, 2025, one wallet held nearly 50% of VIRTUAL supply.
As of Jan. 10, 2025, the five wallets with the most VIRTUAL were:
Supply and distribution | Figures |
---|---|
Maximum Supply | 1,000,000,000 |
Circulating supply (as of Jan. 10, 2025) | 644,445,281 (64.44% of maximum supply) |
Holder distribution | Top 10 holders owned 89.19% of supply as of Jan. 10, 2025 |
The Virtuals Protocol is a platform that aims to bring Artificial Intelligence (AI) to the metaverse and serve as a marketplace for AI agents in the metaverse.
Founded by crypto entrepreneurs Jansen Teng, Weekee Tiew, and Wei Xiong as PathDAO in 2021, it rebranded as Virtuals Protocol in 2024.
The VIRTUAL crypto supports the Virtuals Protocol.
Because VIRTUAL is ultimately based on the Ethereum (ETH) blockchain, it is a token, not a coin. You might see references to things like a Virtuals coin price prediction, but these are wrong.
VIRTUAL is a governance token, meaning that holders can vote on changes to the Virtuals Protocol. People can also buy, sell, and trade it on exchanges.
It is hard to say. VIRTUAL hit an all-time high last week but is already showing signs of weakness.
Perhaps more worryingly, Virtuals does not have any technical documentation explaining what it is and what it does. Investors who wish to be informed about what they are putting their money into may well want to look elsewhere.
No one can really tell right now. While the VIRTUAL crypto price predictions are largely positive, price predictions have a well-earned reputation for being wrong. Keep in mind, too, that prices can and do go down as well as up.
Before you decide whether or not to invest in Virtuals, you will have to do your own research, not only on VIRTUAL but also on related coins and tokens such as RENDER. Either way, you will also need to ensure you never invest more money than you can afford to lose.
Technical analysis by Valdrin Tahiri.
It could do. Our price analysis suggests VIRTUAL could reach double figures as soon as next month.
VIRTUAL token holders can vote on changes to the Virtuals Protocol. People can also buy, sell, and trade it on exchanges.