Recent findings from Santiment, a leading on-chain analytics firm, highlight a surge in activity surrounding the altcoin known as Virtuals (VIRTUAL), which has experienced remarkable growth this year. The analysis reveals that VIRTUAL, a tokenized artificial intelligence project, has seen a staggering rise of 20,000% in value since the start of the year, placing it among the altcoins with a market cap of over $500 million.
How is VIRTUAL Performing in the Market?
As of now, VIRTUAL is priced at $2.74, reflecting a nearly 20% increase in a single day. It reached an all-time high of $3.34 on December 16, a significant jump from its previous year’s valuation of approximately $0.013.
What Other Altcoins Are Gaining Attention?
Notable altcoins also catching the attention of investors include Usual (USUAL), Gnosis (GNO), and Aave (AAVE), among others. High-net-worth individuals have been acquiring these assets during a recent downturn in the cryptocurrency market.
- VIRTUAL has shown a 20,000% increase this year.
- Major investors are buying during market corrections.
- Bitcoin‘s recent decline has led to heightened discussions about bottom buying.
Currently, Bitcoin is trading around $97,006, showing slight declines over the past day. The fluctuations in cryptocurrency prices are prompting strategic investment decisions, especially with the high return potential associated with altcoins like VIRTUAL. The ongoing volatility is influencing overall market behavior, providing essential insights for future investment strategies.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
