Virtuals Protocol token continued its strong dow

Virtuals Protocol virtual-13.08%Virtuals Protocol price tumbled to a low of $1.35, its lowest level since May 8. It has dropped by more than 46% from its highest point on May 27 this year. 

Virtuals Protocol’s sharp decline reflects a broader unraveling of its once-promising ecosystem, as falling demand for AI agent tokens, slumping revenue, and dwindling user engagement weigh heavily on investor sentiment.

With daily active addresses and smart money holdings plummeting, and exchange balances rising, the data points to growing sell pressure and fading confidence in the platform’s utility. The collapse in VIRTUAL’s price and sub-tokens underscores the mounting challenges facing speculative AI-driven crypto projects in a cooling market.