VIRTUAL leads AI rally with 83% weekly surge: You should buy now, IF…
AI tokens are taking center stage in terms of prices and volume, with VIRTUAL taking the lead.
Trading volume among the top 10 AI tokens in the market ranged between $680 million and $900 million, showing market strength.
There has been a notable rise in artificial intelligence (AI) tokens as the broader crypto market has also climbed.
According to CoinMarketCap, the AI segment has seen a major drive to the upside, with overall token prices up 12.2% and trading volume surging by 44%.
AI takes an aggressive approach to dominating the crypto space
There's been a surge in the AI sector compared to other segments of the market.
Source: Artemis
Data from Artemis reveals that the AI sector has grown 17.4% over the past month, making it the second most dominant sector behind DePin and the Bitcoin ecosystem.
This one-month data shows that adoption has begun to catch the attention of investors.
Correspondingly, data from Coinglass shows that the top 10 AI agent tokens had volumes ranging between $680 million and $900 million, with Virtual [VIRTUAL] dominating the list.
Source: Coinglass
A rise in both volume and price suggests that momentum in the market is building, and the AI sector could continue driving the shift. Furthermore, a close look at the current Funding Rates shows positive readings for the top 10 AI-agent tokens.
When Funding Rates stay positive, it implies that derivative traders are opening more long positions.
Source: Coinglass
Overall, it suggests that long traders are paying a premium fee to short traders to avoid large price disparities in the market.
Read More SEC To Approve XRP And Solana Joint ETF? Analyst Says Yes
VIRTUAL leads the rally race
VIRTUAL has seen cumulative growth of 83% over the past week, with a 16.58% rise in the past 24 hours. On the chart, there's a possibility that VIRTUAL could see a further price jump in the coming trading sessions.
Source: TradingView
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