1 month ago
VIRTUAL, the autochthonal cryptocurrency of the Base-based Virtuals Protocol for creating and owning AI agents, has outperformed each large cryptocurrencies, including bitcoin (BTC), implicit the past 4 weeks.
This rally is characterized by accrued information from the "smart money" wallets, according to on-chain information tracked by Nansen.
VIRTUAL has rallied 207% to $1.66 successful 30 days to fertile arsenic the champion performer among the apical 100 tokens by marketplace value, according to information root CoinDesk. Prices person risen 11% successful the past 7 days. Market person bitcoin, meanwhile, has gained conscionable 13% successful 4 weeks, with level show implicit the past 7 days.
VIRTUAL is besides the astir traded token by astute money—wallets identified by Nansen arsenic owned by institutions, funds, and influential whales.
The token has attracted astute wealth inflows of $14.2 cardinal implicit the past 30 days and $8.56 cardinal successful the past week. EBTC, LINK and PEPE are the different astute wealth favorites.
The array shows the apical tokens traded - bought oregon sold connected a DEX oregon sent/received from centralized exchanges - by astute wealth wallets. Per Nansen's explainer, the buying enactment is represented successful greenish and the selling enactment successful red.
VIRTUAL's enactment is apt led by excitement astir the debut of the Genesis launchpad 2 weeks ago. The caller system, designed to reward genuine contributors and not specified speculators, uses a "proof of contribution" points system, wherever participants gain Virgen points done activities similar staking oregon staking AI projects.
"Since its debut, astir tokens launched done it person 2x'd oregon more, fueling request for Virgen Points and showing there's inactive country for creativity successful token design," Bankless said connected X.
Other cardinal features of the caller strategy see contribution-based allocations, automatic refunds if goals aren't met, and transparent vesting schedules.
"Genesis breathes caller beingness into Virtuals portion besides showcasing a caller mechanics for designing token launches," Bankless said, adding that portion the contribution-based strategy is not perfect, it surely "rivals" who-knows-who oregon different primitive systems prone to manipulation.
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