VIRTUAL Surges 177%, Market Cap Nears $1.6B

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CRYPTOCURRENCY Nieuws

VIRTUAL,Market Cap,177% Increase

VIRTUAL has recorded an astonishing 177% increase in value, bringing its market cap to nearly $1.6 billion. The cryptocurrency started the week at around $0.55 but reversed its fortunes with increasing trading volumes and market enthusiasm. The price peaked at $1.94 before retracing to $1.59, with the RSI at 79.86, indicating overbought conditions but continued investor interest.

, it has recorded an astonishing 177% increase in value, bringing its market cap to nearly $1.6 billion.

The consistent volume spikes underscored sustained buying pressure, with key support at $1.40 and resistance at $1.94. Trading volume has surged, underlining strong investor interest. As of this writing, the volume was almost $703 million, with an over 411% increase.secured its position as the third-biggest gainer of the week, posting an over 48% increase, lifting its market cap to approximately $1.6 billion.

The token began the week at approximately $0.53, enjoying a brief 2% rise before succumbing to selling pressure. Also, XLM was the biggest gainer the week before, reaching a high.The sharp price decline was accompanied by decreasing trading volumes, suggesting waning investor interest during the correction phase.

However, the recent pullback suggested profit-taking by investors and a temporary pause in the upward momentum.

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