cyrpto Nears, oversold, plummets, price, Protocols, revenue, VIRTUAL, Virtuals, Zone Mark April 9, 2025 0 Comments

Virtuals Protocol’s revenue plummets as VIRTUAL price nears oversold zone

Daily income from Virtuals Protocol has dropped at less than $ 500 a day, while virtual tokens are closer to the occurrence threshold.

According to Research blockworksVirtual protocol (VIRTUAL) generated less than $ 500 per day of income for launch and exchange costs for the most part at the end of March and early April.

At the beginning of January, Virtual protocol Has played a high generation of income, with daily revenues of the launch and swap fees reaching between $ 200,000 and $ 350,000. However, this momentum proved to be short -lived. In mid-January, income started to decrease regularly, diving below $ 100,000 per day by the end of the month. At the end of February, daily income had dropped by $ 10,000 and, in the last days from March to early April, the platform generated less than $ 500 per day. To put it into perspective, the virtual protocol generated more than $ 500,000 in daily income on January 2, when Virtual reached a summit of $ 5.07. This marks a 99% drop in daily income from its peak from January 2 to early April.

Revenues from the virtual protocol fall as the virtual price approaches the occurrence zone - 1 — Source: Research blockworks

As of Virtual token priceIt is currently negotiated at $ 0.45, 91% compared to its ATH. After reaching ATH, the virtual price plunged into a sustained drop trend, the price falling below the medium of the keys, finally regulating about $ 0.45 before early April. A critical technical development has occurred when the 20 -day exponential mobile average crossed below the 50 -day simple mobile average, strengthening the bearish momentum.

Enimony indicators also validate the downward trend. The MacD line remains below the signal line, and although the histogram has started to flatten itself, it always hovers in negative territory. The relative resistance index is 31.06, just above the threshold of occurrence of 30.

Revenues from the virtual protocol fall while the virtual price is approaching the occurrence zone - 2

On the right side, the virtual protocol is currently in the top 10 projects of the You have a sector agentranking as the sixth project most discussed by Mindshare with a share of 2.19%, according to Cookie.fun data.