Virtuals AI Platform Sees April Activity Rise After 99% Revenue Crash
- Transaction volumes in the Virtuals ecosystem dropped hard
- In the last several months, daily revenue went from $500,000 to $500
- At the start of 2025, it was projected that total market capitalization of AI tokens would be up to $60 billion
A recent chart of transaction volumes for tokens in the Virtuals ecosystem shows a big drop since the start of this year, but there’s a slight uptick in April.
Four months ago, Virtuals’ daily revenue peaked at $500,000, but it was all downhill from there – to the point where daily revenue was roughly $500 at the beginning of April.
What Drove the Decline in the Virtuals Ecosystem?
However, it’s worth noting that the chart shows a rise in the following days. It suggests a potentially renewed interest in AI tokens, which may indicate an accumulation zone before a price recovery.
Though it might be too early to tell if that will be true, the fact remains that during 2025, the AI token market was projected to reach a total market capitalization of up to $60 billion. Or at least, that’s what Gracy Chen, CEO of cryptocurrency exchange Bitget, said.
In any case, the data showing Virtuals transactions going u…
The post Virtuals AI Platform Sees April Activity Rise After 99% Revenue Crash appeared first on Coin Edition.
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Virtuals AI Platform Sees April Activity Rise After 99% Revenue Crash
- Transaction volumes in the Virtuals ecosystem dropped hard
- In the last several months, daily revenue went from $500,000 to $500
- At the start of 2025, it was projected that total market capitalization of AI tokens would be up to $60 billion
A recent chart of transaction volumes for tokens in the Virtuals ecosystem shows a big drop since the start of this year, but there’s a slight uptick in April.
Four months ago, Virtuals’ daily revenue peaked at $500,000, but it was all downhill from there – to the point where daily revenue was roughly $500 at the beginning of April.
What Drove the Decline in the Virtuals Ecosystem?
However, it’s worth noting that the chart shows a rise in the following days. It suggests a potentially renewed interest in AI tokens, which may indicate an accumulation zone before a price recovery.
Though it might be too early to tell if that will be true, the fact remains that during 2025, the AI token market was projected to reach a total market capitalization of up to $60 billion. Or at least, that’s what Gracy Chen, CEO of cryptocurrency exchange Bitget, said.
In any case, the data showing Virtuals transactions going u…
The post Virtuals AI Platform Sees April Activity Rise After 99% Revenue Crash appeared first on Coin Edition.
Read More
Heard About DePAI? Here’s Why This AI-Robot-Blockchain Mix Matters