Virtuals Protocol (VIRTUAL) is an innovative cryptocurrency that aims to transform virtual interactions by combining artificial intelligence and metaverse technologies. Founded in 2021 by Prakash Somosundram, Colin Choo, Christopher Johnson and Matthew, the project initially raised $16.6 million in funding through an ICO. The protocol offers a decentralized model of shared ownership of AI-powered virtual assets in the gaming and entertainment sectors, allowing users to invest in and own these assets. This approach aims to redefine AI agents as interactive and revenue-generating assets.
VIRTUAL, which has risen 49.89% in the last 24 hours and at the time of writing, is among the day's risers. In the last three days, four major crypto whales have bought 5.87 million units of Virtuals Protocol (VIRTUAL) worth a total of $7.46 million, leading to a rapid rise in the altcoin's price. As a result of the large purchases, the VIRTUAL price may have risen.
