VIRTUAL Surges as Genesis Launch Sparks Token Inflows
By: bitcoin ethereum news|2025/05/06 17:30:01
0
Share
VIRTUAL sees over 18.9k transactions and 8.3k addresses within weeks of Genesis Launch. RSI enters overbought territory while MACD supports continued bullish momentum. Genesis model rewards user activity with transparent, capped token allocations. Virtuals Protocol (VIRTUAL) hit a daily high of $1.82 on May 6, boosted by strong participation in its ongoing Virtuals Genesis Launch, which has seen significant user activity and token commitment. According to @TKVResearch , Virtual Genesis Launch hit record highs on May 5 with 2,274 transactions and 1,910 active addresses. Since its launch just over two weeks ago, it has reached 18.9k total transactions, 8.3k addresses, and 775,900 VIRTUAL committed — including a daily net... — Wu Blockchain (@WuBlockchain) May 6, 2025 Genesis Launch Attracts Users and Capital Since its debut just over two weeks ago, the launch has attracted 8,300 unique addresses and registered nearly 19,000 transactions. Activity peaked on May 5, recording 2,274 transactions and 1,910 active wallets for the day. This engagement resulted in a substantial net inflow of 259,300 VIRTUAL tokens on that single day. Related: Sharp Rallies in VIRTUAL, WLD, GAME Show Whale Buys Can Still Ignite Altcoin Market Moves This spike in activity follows The Genesis Launch model that has introduced a participation-first approach that rewards early users not with preferential treatment, but through verifiable contribution. GM WEB3 Everyone keeps asking what the Virtual Genesis Launch is all about. Some thinking they’ve missed out while some still being skeptical about it because they don’t fully understand it. We’ve all experienced the pain of not acting sooner on things we see, or waiting for... pic.twitter.com/JLa6Cj4wMz — CHRIS PEACOCK (@Calopo_) May 4, 2025 Genesis Points earned through on-chain activity and ecosystem engagement act as a fair metric for entry. Participants then pledge these points and commit VIRTUAL tokens, reserving allocation spots with full transparency and the safety of refunds if commitments fall short of the threshold. Technical Analysis: Potential Scenarios for VIRTUAL From a technical standpoint, the Relative Strength Index (RSI) for VIRTUAL sits near 78, based on TradingView data. This level signals overbought conditions, which historically often precede price consolidation or a local top. However, sustained buying pressure can push RSI into the 80–90 range, potentially driving prices higher still. The MACD (Moving Average Convergence Divergence) indicator shows that the MACD line (blue) is above the signal line (orange), and both are rising in positive territory, confirming bullish momentum. The widening gap between MACD and signal lines further strengthens the bullish outlook. However, traders should watch for a potential crossover, which could hint at short-term correction. Fibonacci extension analysis shows price targets at the 1.618 level near $2.06, a strong bullish target that aligns with the last swing’s extension, representing immediate resistance. Related: Virtuals Protocol (VIRTUAL) Price Prediction 2025–2030: Will The AI Token Retest $4.50 in 2025? The 2.618 level at approximately $2.46 is a breakout scenario where hype and continued user inflow could send VIRTUAL soaring. Finally, the 4.236 extension around $3.17 represents an euphoric zone if momentum continues unchecked. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company. Source: https://coinedition.com/virtuals-price-surge-genesis-launch-users-rsi-technical-breakout/
You may also like

The first stock of stablecoins, Circle, has officially launched the new public chain ARC points system, and the interactive guide is here
Arc is an internal project of Circle. Although it has not publicly raised funds, Circle Ventures launched the Arc Builders Fund (amount undisclosed) to attract investments from over 30 top VC networks in ecological projects.

Oil prices are approaching a critical point. What will happen in mid-April?
Time becomes the deciding factor, and the oil market will take three paths.

The oil price is approaching a critical point, what will happen in mid-April?
Time Becomes a Determining Factor as the Oil Market Takes Three Paths

Mechanism drives value, deflation leads the future: MIAU will officially launch on PancakeSwap on April 13
MIAU provides a new value paradigm for the industry with its threefold advantages of "FunPlusWeb3 trendy IP ecosystem + mechanism consensus + relative deflation."

Zhou Hang, the founder of Yidao Yongche: Cryptocurrency has finally arrived at its time to shine
Cryptocurrency has not failed; it has simply targeted the wrong users over the past decade.

Who else cannot be distilled into skill?
Token Hundred Thousand Slaughter Yama

Who else cannot be distilled into skill?
Token Yama of Decimation

The huge shock in the South Korean cryptocurrency market: How should traders view it?
As the contradiction between the institutional capital inflow brought by the new government's "pro-crypto" policy and the tightening of retail infrastructure intensifies, this structural "information asymmetry" in the Korean market will persist for a long time, continuously giving rise to fleeting e...

From "Kimchi Premium" to Bithumb's Rectification: An Interpretation of the Current Situation in the South Korean Crypto Market
Market structure or information gap? — Why does the South Korean crypto market often make global traders "lag behind."

How to Automate Your Workflow with AI (No Code Required)
Let Perplexity Do the Work for You

Conversation with Pantera Founder: Bitcoin Has Reached Escape Velocity, Traditional Assets Are Being Left Behind
BTC still needs 6-8 months to reach its bottom.

Is it still worth buying Circle on the callback?
Can Circle transform from a "stablecoin company that earns interest" into a global digital dollar infrastructure?

BIT Launches Landmark "Same Name Virtual Account" Feature: Ushering in a New Era of OTC Trading that is Convenient, Efficient, and Compliant
This marks a milestone for BIT in optimizing the large-scale fiat onramp channel and enhancing the asset allocation experience for high-net-worth individuals and institutional clients.

Further Oracle Integration Reveals Polymarket's Ambitions
The expansion of the data source is essentially an expansion of the market radius.

CoinGlass: 2026 Q1 Cryptocurrency Market Share Research Report
In the first quarter of 2026, the overall cryptocurrency market remained highly active, but trading volume gradually declined from the January peak.

Tiger Research: Analysis of the Current Situation of Retail Investors in Nine Major Asian Markets
We analyzed the entry barriers of the largest markets for nine potential user groups in Asia, as well as the responses of exchanges.

Forbes: Does quantum technology threaten the encryption industry? But it is more likely an opportunity
Quantum computing will not overturn blockchain, but it will force a reconstruction of its security system.

What Is Auto Earn? How To Claim Extra Free Crypto On Auto Earn 2026
What is Auto Earn and how do you use it? This guide explains how Auto Earn works and how balance increases and referrals may qualify for extra rewards during Auto Earn Boost Fest.
The first stock of stablecoins, Circle, has officially launched the new public chain ARC points system, and the interactive guide is here
Arc is an internal project of Circle. Although it has not publicly raised funds, Circle Ventures launched the Arc Builders Fund (amount undisclosed) to attract investments from over 30 top VC networks in ecological projects.
Oil prices are approaching a critical point. What will happen in mid-April?
Time becomes the deciding factor, and the oil market will take three paths.
The oil price is approaching a critical point, what will happen in mid-April?
Time Becomes a Determining Factor as the Oil Market Takes Three Paths
Mechanism drives value, deflation leads the future: MIAU will officially launch on PancakeSwap on April 13
MIAU provides a new value paradigm for the industry with its threefold advantages of "FunPlusWeb3 trendy IP ecosystem + mechanism consensus + relative deflation."
Zhou Hang, the founder of Yidao Yongche: Cryptocurrency has finally arrived at its time to shine
Cryptocurrency has not failed; it has simply targeted the wrong users over the past decade.
Who else cannot be distilled into skill?
Token Hundred Thousand Slaughter Yama
