The daily income of Virtuals Protocol has fallen to less than $ 500 a day, while the virtual token closer to the Oversold threshold edge.
According to Blockworks Research, Virtuals Protocol (Virtual) has generated less than $ 500 per day in income from launch and exchange costs for the most of the end of March and the beginning of April.
At the beginning of January, Virtuals Protocol enjoyed a strong income generation, with daily income from launch and exchange costs up to $ 200k and $ 350k. However, this momentum turned out to be short -lived. In mid -January the income started to fall steadily and by the end of the month fallen below $ 100k per day. At the end of February the daily income had fallen below $ 10k and in the last days of March to the beginning of April the platform generated less than $ 500 a day. To put it in perspective, Virtuals Protocol generated more than $ 500K in daily income on 2 January, when Virtual reached a record high of $ 5.07. This is a decrease of 99% in the daily turnover of his peak from January 2 to the beginning of April.
Regarding the price of Virtual token, it is currently trading at $ 0.45, 91% decrease in its ATH. After he reached Ath, the virtual price fell in a persistent downward trend, with the price falling among the most important progressive averages and eventually established around $ 0.45 at the beginning of April. A critical technical development took place when the exponential advancing average of 20 days under the 50-day simple advancing average exceeded, which strengthened the bearish-momentum.
Momentum indicators further validate the downward trend. The MACD line remains under the signal line, and although the histogram has started to flatten, it is still floating in a negative area. The relative strength index is on 31.06, just above the sold -over threshold of 30.
On the other hand, Virtuals Protocol is currently in the top 10 projects in the AI Agent sector, according to the sixth most discussed project in Mindsre with a share of 2.19%, according to cookie.fun -data.
