Virtuals Protocol Plunges 3.37% Amid Broad Crypto Selloff and AI Agent Concerns
The Virtuals Protocol (VIRTUAL) experienced a 3.37% drop over the last 34 hours, aligning with a broader crypto market selloff and cautious sentiment around AI agents.
According to CoinMarketCap, the total crypto market cap fell from about $2.21 trillion to $2.16 trillion, a drop of roughly 2.4% over 24 hours, while the altcoin market cap slipped from about $909.7 billion to $898.0 billion, around 1.3% lower.
The sentiment in the market was already in 'fear' on a major index, and derivatives data showed elevated liquidations and declining open interest, indicating a de-risking environment rather than coin-specific panic.
Experts attribute the selloff to Bitcoin's 3% intraday drop and the wider altcoin weakness, with Virtuals Protocol being a high-beta mid-cap token that tends to move more during such market conditions.