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2025-02-19 12:47:10

Virtuals Protocol ecosystem tokens down across the board

Top Virtuals Protocol ecosystem tokens are down as VIRTUALS token tanks 10%. Virtual Protocol ecosystem tokens are down across the board, with most top AI agent tokens by market cap on the launchpad posting losses in the last 24 hours. G.A.M.E (GAME) has seen the sharpest drop at -15.6%, followed by Keyboard Cat (KEYCAT) at -12.27%. Small Autonomous Motherfucker (SAM) is the only major gainer, surging 19.42% in the same period. Luna (LUNA), previously the leading Virtuals category token by market cap, has now fallen to the 11th position overall, signaling a shift in dominance within the ecosystem. The Virtual Protocol ( VIRTUAL ) token itself has plunged by 10% in the last 24 hours, currently trading for $1.02. Over the past week, VIRTUAL has fallen by 24% while its monthly loss stands at 63%. However, the trading volume is up 34% in the last 24 hours, indicating heightened market activity on the protocol. Plus, VIRTUAL remains one of the top three AI agent tokens by mindshare in the past 24 hours, accounting for 4.5%. It follows Aixbt ( AIXBT ) (an individual agent on VIRTUALS), which leads with 7.72%, and Fartcoin ( FARTCOIN ), accounting for 5%. You might also like: Virtuals Protocol price prediction: Is AI truly the future? What is Virtual Protocol? Virtuals Protocol is a decentralized platform designed for creating, owning, and monetizing AI agents. It’s built on Base, a layer 1 blockchain by Coinbase. The project was co-founded by Jansen Teng and Wee Kee Tiew, with its official launch in Oct. 2024. However, some sources claim it was originally founded in 2021 by Prakash Somosundram, Colin Choo, Christopher Johnson, and Matthew, which means the project might have been rebranded or restructured. VIRTUAL, the platform’s native token, serve multiple purposes, including liquidity pairing, transaction fees, AI inference payments, and governance participation. The protocol implements a buyback-and-burn mechanism. VIRTUAL has a total supply of 1 billion tokens, with 5% allocated to the liquidity pool, 35% to the ecosystem growth and community incentives (managed by a DAO with a controlled release mechanism), and 60% available for public trading. Source: Virtuals Protocol Whitepaper You might also like: Virtuals Protocol price prediction: Is AI truly the future?

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