Crypto AI agent platform Virtuals Protocol hits $1.4 billion market cap

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Virtuals Protocol’s AI brokers boost Immoral adoption with $1.4 billion market cap and 150% token surge.

Virtuals Protocol, an AI agent deployment ecosystem, has reached a top market cap of $1.4 billion as the AI agent myth expands beyond Solana and extends to Immoral.

The platform’s native token, VIRTUAL, has surged 150% in worth over the previous week, pushed by growing ask within the ecosystem.

Immoral, the underlying blockchain for Virtuals Protocol, has additionally viewed a surge in task, with its total worth locked (TVL) reaching an all-time excessive of $3.5 billion, surpasing Arbitrum, and weekly transactions mountain climbing to virtually 54 million.

Deployed on Immoral, Virtuals Protocol permits customers to make and deploy AI-powered digital characters the utilization of a an identical plot to pump.fun.

Users would possibly make an agent by purchasing 10 VIRTUAL tokens, that are deployed on a bonding curve.

When the agent’s token reaches a market cap of roughly $503,000, a liquidity pool is mechanically created on Uniswap, paired with the VIRTUAL token.

At this stage, the agent transitions real into a in point of fact self enough entity able to managing a Twitter story, with $44.9k of liquidity deposited into Uniswap and permanently burned to toughen the ecosystem’s steadiness.

Virtuals Protocol’s reputation is evident in the success of its AI brokers and their underlying tokens.

AIXBT, an agent providing market insights to its 43,000 followers on X, noticed its related token attain a top market cap of $200 million, though it has since moderately retraced to $196 million.

VaderAI, another Virtuals’ Protocol agent, hit $50 million in market cap for its token after a 200% make in the closing 24 hours, pushed by its level of interest on autonomously partaking with the crypto neighborhood via tweets and interactions.

Within the intervening time, LUNA, an AI agent influencer, noticed its token hit a top market cap of $100 million

The upward push of Virtuals Protocol has coincided with a surge in task on Immoral, which has now change into the excellent Ethereum Layer 2 community.

The Phantom wallet’s most novel integration with Immoral has additionally contributed to this insist, providing retail customers with simpler entry to the ecosystem and driving hobby in Virtuals Protocol.