Virtuals Protocol exits Genesis and teases new boot model
Virtuals Protocol has officially announced it The Genesis program is coming to an endmarks important turning points for the project. In the statement regarding X, the team Experiments of fair launches and open participation It became stronger in the early stages, but ultimately it cannot expand to the next stage of growth.
After listening to builder “Virgens” and analysing the data, the team emphasized that the clear path is the origin of the sundown and introducing it. New boot model. According to the announcement, this new framework is Built for scale, designed for the next wave of agents, and aims to last for the long term.
Important details are as follows:
- Virgen Points It offers the initial advantage in the transition and will be phased out within the next four weeks.
- Vevirtual Holders ($virtual (Stakers) As new models unfold, they will continue to receive strong and continuing benefits.
Additional details will soon be revealed, prompting the team to “prepare” those coming to the community. This is a Major strategic changes With Virtuals Protocol, it aims to create sustainable growth beyond the original launch model.
Chart Analysis: $1 Support Key $Virtual
I’m looking at the daily chart of $ virtual/usdthe token is currently hovering $1.03 levelIt’s sitting directly above Important $1 Psychological and Technical Support Zone.
Virtuals/USD 1 Day Chart – TradingView
Technical breakdown
- Downward resistance: The chart shows something clear Down trend line (Red) Going back to early summer, it continues to reject price attempts to break the highs. This trendline remains a major barrier to continued momentum.
- Moving Average: The 50-day SMA ($1.21) and 200-day SMA ($1.33) both outweigh current prices, increasing the bearish bias until a breakout occurs.
- Support Zone: Yellow horizontal support $1.00 It has been held multiple times since spring, and is the most important level on the charts. The confirmed breaks below could accelerate the downside towards $0.80-$0.70.
- RSI: Currently, there is a relative strength index (RSI) 38it is leaning towards being sold, but it is not yet completely. It suggests room for more pressure before bounce.
Virtual Price Prediction: Trader’s Views
From a professional trading perspective:
- In case of bullishness: If the wider crypto market is stable and Bitcoin stops dumping, then $Virtual $1.00 is a powerful entry point. Here the risk to risk is attractive, with the chance of an uptick from $1.20 to $1.35 (SMA retest), and ultimately it’s $1.60 if the downtrend line breaks.
- If you’re bearish: If Bitcoin continues to sell, a break below $1 could trigger a sudden drop below $0.80. Traders should closely monitor the volume for signs of surrender or reversal.
Is Virtuals a good purchase?
Virtuals Protocol’s decision to end Genesis shows a bold pivot towards a more scalable and durable launch framework, with the Vevirtual Holder standing in order to benefit from the transition.
Technically, 1 dollar is a Makeup or break level For $ virtual. If the crypto market finds stability, this zone could represent the best zone Risk-adjusted entry points In a few months. However, the following failures will open the door to deeper losses.