VIRTUAL (Virtuals Protocol) decreased by 1.32% in the last 24 hours

Gate News Bot Message, November 12th, according to CoinMarketCap data, as of press time, VIRTUAL (Virtuals Protocol) is trading at $1.38, down 1.32% in the past 24 hours, with a high of $1.62 and a low of $1.18. The 24-hour trading volume reached $439 million. The current market capitalization is approximately $903 million, a decrease of about $12.11 million from yesterday. VIRTUAL is currently ranked 75th in the global cryptocurrency market cap.

Recent important news about VIRTUAL:

1️⃣ Market sentiment fluctuations led to a price correction

VIRTUAL experienced a significant 18.10% increase on November 10th, pushing the price to $1.55. However, following this strong rally, a short-term correction occurred, with the price dropping 1.32% within 24 hours. This volatility reflects rapid changes in market sentiment, with investors possibly taking profits after the substantial increase.

2️⃣ Trading activity remains high

Despite the price correction, VIRTUAL’s 24-hour trading volume remains high at $439 million, roughly unchanged from previous days. This indicates strong market interest in VIRTUAL, with high trading volume providing liquidity support for the price.

3️⃣ Market cap ranking slightly declined

Due to the price correction, VIRTUAL’s market cap ranking slipped from 71st to 75th. Nevertheless, its market cap remains above $900 million, demonstrating that the project still holds considerable market influence.

From a technical perspective, VIRTUAL’s current price is within a recent high-low oscillation range. In the short term, investors should closely monitor the resistance near $1.62 and support near $1.18. Fundamentally, the ongoing development of Virtuals Protocol as an AI agent platform and its market recognition will be key factors influencing VIRTUAL’s long-term value.

This message is not investment advice; please be aware of market volatility risks.