The number of active users (12,638,613,542) is one of the key indicators for assessing the health and potential of blockchain projects. For Virtuals Protocol (VIRTUAL), changes in the number of active users have a significant impact on its token price.

Impact of Active User Count on VIRTUAL Price

1. Correlation between User Growth and Price Increase:

• Data shows that the number of daily active addresses for Virtuals Protocol has significantly increased, indicating a continuous rise in network participation and adoption. This trend often signals increased market interest in the project, which may lead to a rise in token prices.

2. Role of Social Dominance:

• The social dominance of Virtuals Protocol shows a clear positive correlation with the number of monthly active addresses. When discussions about the project increase on social media, the number of active addresses also rises, reflecting enhanced community interest, thus positively impacting the token price.

3. Impact of Whale Activity:

• Recently, there have been large investments by crypto whales in Virtuals Protocol. For example, a case where a whale made a profit of $11.5 million within 19 days demonstrates that the participation of large investors boosts market confidence, potentially driving more user participation and further promoting token price increases.

Current Overview of VIRTUAL Price

As of now, the price of Virtuals Protocol (VIRTUAL) is $1.24, with a daily high of $1.32 and a low of $1.11.

Conclusion

An increase in the number of active users usually indicates healthy development of the project and an enhancement of market recognition, playing a positive role in token prices. However, investors should consider other market factors comprehensively, such as overall market trends, project technical advancements, and macroeconomic conditions, to make well-rounded investment decisions.