A significant cryptocurrency whale has made headlines by garnering an impressive $11.5 million in unrealized profit from a recent investment in the Virtuals Protocol (VIRTUAL) token.
The Whales’ Impressive Gain
According to data provided by the onchain intelligence platform Lookonchain, this unknown whale invested over $10 million worth of USDC into VIRTUAL on December 24th. Just 19 days later, the value of their investment skyrocketed to a staggering $21.5 million.
A Whale’s Spent 10M $USDC to Buy 4.25M $VIRTUAL 19 Days Ago, Which is Now Worth $21.5M, with an Unrealized Profit of $11.5M
Virtuals Protocol: An AI Agent Launch Platform
Virtuals Protocol serves as a utility token for the artificial intelligence agent launch platform. This innovative platform enables users to create, tokenize, and co-own autonomous AI agents without requiring coding or software development skills.
What is Virtuals Protocol?
Virtuals Protocol is an AI agent launch platform that allows users to create, tokenize, and co-own autonomous AI agents. The platform eliminates the need for coding and software development skills, making it more accessible to a broader audience.
Virtuals Protocol’s Growing Popularity
The VIRTUAL token has been gaining traction since November 15th, with its value rising over 44% within a day. This surge in popularity can be attributed to growing investor excitement around AI-based cryptocurrencies.
VIRTUAL/USDT, 1-Day Chart
AI Agents: Revolutionizing the Blockchain
AI agents have been making waves in the blockchain space by executing autonomous transactions without direct human input. The concept gained attention following a December 16th post by Luna, an AI agent on Virtuals Protocol, which sought image-generation services.
LUNA Payments to STIX Protocol
On December 16th, Luna paid STIX Protocol’s AI agent $1.77 worth of VIRTUAL tokens for generating the requested images. This transaction showcased the capabilities of AI agents in executing autonomous transactions on the blockchain.
Industry Watchers See a Bright Future for AI Cryptocurrencies
Industry watchers predict significant growth for the emerging field of AI cryptocurrencies in 2025. Alvin Kan, Chief Operating Officer of Bitget Wallet, believes that AI-driven investments, decentralized AI agents, and tokenized assets will be key drivers of growth.
A Year of Upside for AI Cryptocurrencies
"Emerging narratives like AI-driven investments, decentralized AI agents, and tokenized assets hint at a tech-driven shift," Kan told Cointelegraph. "Though with added risk."
Market Cap Declines Amid Growing Interest
Despite growing interest in AI-based cryptocurrencies, the market cap of these assets shed almost one-third of their cumulative value in the last month of 2024, falling over 28% from the $70 billion peak in December.
A Shift Towards Tech-Driven Narratives
Industry watchers foresee a shift towards tech-driven narratives in 2025, with AI cryptocurrencies at the forefront. However, this growth comes with added risks, making it essential for investors to stay informed and cautious.
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- Top Crypto Investments in 2025: Bitcoin, AI Projects, Tokenized Assets
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