Virtuals Protocol, a launchpad for deploying AI agents, is tracking higher, adding 500% in six weeks. Analysts are targeting another 100% spike. VIRTUAL could retest $5, especially if Nvidia exceeds revenue expectations.
In 2025, if it’s AI, it’s bound to soar. Last year, Nvidia stole the show. Then came DeepSeek and a flurry of other AI agents powered by affordable chipsets. Investors believe AI will power the future, and projects that are efficient, cost-effective, and provide utility have a strong chance of success.
Currently, all eyes are on the Virtuals Protocol, a decentralized network providing infrastructure for users to deploy AI agents. These agents enable users to autonomously manage assets and perform complex tasks without human intervention.
VIRTUAL Up 500% in 6 Weeks, $5 Next?
Due to its unique service offerings, VIRTUAL, the token powering the Virtuals Protocol, is soaring.
It has turned heads, outperforming some of the best Solana meme coins, with a blistering rally that has seen it surge 500% in just six weeks.
The token recently broke higher after spending the last five months trending downward and moving sideways.
As it is, the token could add another 100%, racing to 2024 highs of $5.
From the VIRTUALUSDT daily chart, the token is in a bullish breakout formation, breaking out from a bull flag after prices stalled in mid-May.
The spike on May 27 lifted prices above the local resistance, now support, at $2.22.
Since the breakout bar had high trading volume, the momentum seen yesterday could carry over to today.
Eyes on Nvidia as Virtuals Protocol Innovates and Expands
VIRTUAL could find more tailwinds now that analysts expect Nvidia to post higher-than-expected revenue.
In Q1 2025, analysts project Nvidia to report 66% revenue growth, reaching slightly over $43.2 billion.
This projection comes as the global economy faces uncertainty due to tariffs.
Due to export license requirements for chips destined for China, it will be crucial to see whether Nvidia can sustain its high revenue. If Nvidia beats expectations, AI tokens, including VIRTUAL, could surge higher, inching closer to $5.
While Nvidia could be a catalyst, Virtuals Protocol is making other moves independently.
Virtuals Protocol recently signed a deal with a blockchain gaming studio to embed its native token, VIRTUAL, in upcoming play-to-earn and metaverse games.
This deal is critical, as it not only drives demand for VIRTUAL but also expands its utility beyond speculation, increasing its presence in the multi-billion-dollar gaming industry.
Additionally, the platform rolled out a vote-escrowed staking model to reward VIRTUAL stakers. Each time the token is locked, a corresponding veVIRTUAL token is minted. The rewards earned over time depend on how long VIRTUAL is staked.
https://twitter.com/0xfortizo/status/1925651878739607863
Virtuals Protocol incentivizes a HODLing culture through this model, shifting the token from a passive utility coin to a core governance and reward distribution component.
What’s compelling about veVIRTUAL is that holders gain access to Genesis Airdrops, tied to the Virtuals Protocol’s new launchpad, Genesis.
Holders can trade Virgen Points and VIRTUAL for a share of new project supplies.
Notably, 37.5% of every new Genesis token is reserved for veVIRTUAL stakers.
Given these goodies, VIRTUAL could continue pumping, inching closer to December 2024 highs. If Bitcoin breaks $112,200 this week, the resulting FOMO may drive VIRTUAL and some of the best meme coin ICOs to fresh valuation.
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Virtuals Protocol Soar 500%: VIRTUAL Bulls Target $5
- Virtuals Protocol on a roll, up 500% in six weeks
- VIRTUAL bulls targeting $5
- Nvidia earnings report could boost prices of AI tokens
- Virtuals Protocol partners with a blockchain gaming studio and are rewarding stakers
The post Virtuals Protocol Defying Gravity: A 100% Surge to $5 If Nvidia Wins? appeared first on 99Bitcoins.
