"Virtuals Tokens Plummet: VIRTUALS Down 10%, G.A.M.E. Leads Losses, SAM Surges"

The Virtuals Protocol ecosystem tokens have experienced a broad decline, with the VIRTUALS token dropping by 10% in the last 24 hours. This downturn has affected most top AI agent tokens by market capitalization, with notable losses across the board. G.A.M.E (GAME) has seen the sharpest decline at -15.6%, followed by Keyboard Cat (KEYCAT) at -12.27%. However, Small Autonomous Motherfucker (SAM) has emerged as the only major gainer, surging 19.42% in the same period. Luna (LUNA), previously the leading Virtuals category token by market capitalization, has now fallen to the 11th position overall, indicating a shift in dominance within the ecosystem.

The VIRTUAL token itself has plunged by 10% in the last 24 hours, currently trading at $1.02. Over the past week, VIRTUAL has fallen by 24%, and its monthly loss stands at 63%. Despite these declines, the trading volume is up 34% in the last 24 hours, suggesting heightened market activity on the protocol. Additionally, VIRTUAL remains one of the top three AI agent tokens by mindshare in the past 24 hours, accounting for 4.5%. It follows Aixbt (AIXBT), an individual agent on VIRTUALS, which leads with 7.72%, and Fartcoin (FARTCOIN), accounting for 5%.

Virtuals Protocol is a decentralized platform designed for creating, owning, and monetizing AI agents. It is built on Base, a layer 1 blockchain by Coinbase, and was officially launched in October 2024. The project was co-founded by Jansen Teng and Wee Kee Tiew. However, some sources claim it was originally founded in 2021 by Prakash Somosundram, Colin Choo, Christopher Johnson, and Matthew, suggesting the project might have been rebranded or restructured.

The VIRTUAL token, the platform's native token, serves multiple purposes, including liquidity pairing, transaction fees, AI inference payments, and governance participation. The protocol implements a buyback-and-burn mechanism. VIRTUAL has a total supply of 1 billion tokens, with 5% allocated to the liquidity pool,