The price of Virtuals Protocol (VIRTUAL) has increased by 10.48% in the past 24 hours, driven mainly by increased activity in the spot and derivatives markets. Despite the overall market decline, spot traders have accumulated purchases worth 10.45 million USD in VIRTUAL, demonstrating strong interest. The open interest in the derivatives market has grown by 13.3%, reaching 230 million USD, while a large number of short positions have been liquidated, resulting in short sellers losing approximately 124.67 thousand USD, which is twice the loss of long traders. Technical analysis shows that VIRTUAL has broken through an important resistance level, with the Aroon indicator signaling a bullish trend, indicating that the price is expected to rise to 2.5 USD. Smart money investors have increased their positions, making VIRTUAL the most accumulated memecoin or AI token. In the 90-day index ranking, VIRTUAL ranks 4th among the best-performing assets, outperforming all cryptocurrencies in the top ten by market capitalization.
