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The Virtuals Protocol price plummeted 7% in the last 24 hours to trade at $1.38 as of 9:40 p.m. EST as investors decrease their holdings in the crypto.
Despite the recent correction, the VIRTUAL price remains more than 183% in the green on the monthly time frame.
Zooming out on the altcoin’s charts shows the crypto has also registered a remarkable 1,120% gain over the past year. This strong performance is partly due to the hype around AI agent cryptos following the launch of ChatGPT and other Large Language Models (LLMs)
Virtuals Protocol Price Loses A Key Support And Might Test Another Soon
Daily chart for VIRTUAL/USD (Source: GeckoTerminal)
The Virtuals Protocol price dropped below the support level at $1.5154 in the last couple of days, data from GeckoTerminal shows. Now, the altcoin is approaching the next major support at $1.2547. Should the crypto fall below this second technical safety net, VIRTUAL might be exposed to the risk of plunging all the way down to $0.9941 in the short term.
On the other hand, the crypto’s bearish move might come to an end if the Virtuals Protocol price is able to reclaim the $1.5154 support within the next 48 hours. In this alternative scenario, VIRTUAL could then start to rise towards the $1.8692 resistance with enough backing from bulls.
Technicals Suggest The Virtuals Protocol Price Might Drop Some More
From a technical standpoint, a bearish scenario seems more likely to play out in the next 24 hours. Both the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) on the daily chart are showing bearish signs.
Over the past 72 hours, the MACD line has dropped towards the MACD Signal line. This is a classic indication of weakening bullish momentum. The MACD line is now looking to cross below the Signal line. If this happens, it could confirm that the Virtuals Protocol price has entered a short-term negative cycle.
RSI readings have also fallen from above 80 to the high 50s in the last couple of days. Traders might see this drop in the indicator’s values as an indication of diminishing buyer strength. While the current value above 50 is bullish, the downward slope of the RSI line warns there could be a major bearish shift in power soon.
If the technical warning signs presented by the MACD and RSI on the daily chart influence traders’ decision making, the Virtuals Protocol price might end up dropping below the $1.2547 support in coming days.
While technicals flash bearish for the Virtuals Protocol price, investors are rushing to buy a new AI agent crypto rival called MIND of Pepe (MIND) before its presale ends in 23 days. According to popular YouTube channel 99Bitcoins, which has over 725K subscribers, MIND has the potential to soar 10X after launch.
The First AI Derivative Of A Major Meme Coin Brand
MIND of Pepe is looking to capitalize on the hype around AI agent crypto tokens that erupted after the launch of ChatGPT. To maximize the chances of success, the crypto also appeals to meme coin investors with its PEPE-inspired branding.
Central to the project is a sophisticated AI agent that can monitor chatter online in real-time to spot new trends in the market as they develop. After identifying a trend that could lead to a profitable trade opportunity, the computer model shares its findings with MIND investors through token-gated groups.
In addition to watching out for new trends, the MIND of Pepe AI can also autonomously engage with influencers and other Web3 community members online to influence trends. To capitalize on this functionality, the AI agent launches new tokens as well. With each new crypto the model creates, it hypes it up online, trades the crypto, and reinvests any profits back into MIND.
Recently, the team announced that its sophisticated AI agent will go live on X on May 10.
MIND of Pepe AI agent is coming to X — May 10th 🔥
We’re proud to announce that MIND of Pepe, our autonomous AI agent, goes live on May 10th.
This isn’t a trading bot. MIND is a purpose-built intelligence system that ingests and cross-validates real-time data from across the… pic.twitter.com/rEuMsWKLu8
— MIND of Pepe (@MINDofPepe) April 23, 2025
Investors FOMO Buy MIND With Time Running Out
An investor frenzy has erupted around MIND’s presale, which recently entered its final stage. So far the project has raised over $8.8 million, signaling strong investor confidence in the project’s future.
With just 23 days left until the crypto’s launch, time is running out for investors to get in at this ground level and position themselves for the potential 10X rally predicted by 99Bitcoins.
Interested investors can buy the token for $0.0037515 via the widget embedded on the project’s website. Available payment options include ETH, USDT, BNB, USDC and bank card.
After purchasing some tokens, investors can also put their tokens to work by locking them up in the project’s presale staking pool for a 257% APY.
Learn more about MIND of Pepe on its official website.
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