OKX, a leading cryptocurrency exchange, has announced the listing of Virtuals Protocol (VIRTUAL) on its spot platform.
The listing follows a surge in momentum for VIRTUAL, which hit a three-month high yesterday amid strong on-chain activity and new strategic integrations.
SponsoredVIRTUAL Secures Major Exchange Listing
In its latest announcement, OKX confirmed that VIRTUAL will be available to trade against the Tether (USDT) pair. The exchange has opened deposits.
Moreover, trading will go live at 8:00 UTC following a one-hour pre-open session starting at 7:00 UTC. OKX will open withdrawals at 11:00 UTC.
“Following the end of the Pre-open session, OKX will use the last index price at the commencement of continuous trading as the initial price of the trading chart,” the exchange stated.
OKX will cap limit orders at $10,000 for the first five minutes when trading starts. The exchange will also enforce index-based price restrictions during the pre-open period and continuous trading. These measures aim to mitigate volatility during the token’s debut on the platform.
How Virtuals Protocol (VIRTUAL) Regained Market Attention in October
Notably, OKX’s decision to list the token comes at a time when VIRTUAL is attracting renewed attention. BeInCrypto Markets data showed that the altcoin’s value has appreciated by over 90% in the past week.
Yesterday, it even peaked at a three-month high before experiencing a correction. Over the past day, the VIRTUAL token has dipped 7.8%. At the time of writing, it traded at $1.43.
SponsoredDespite the dip, CoinGecko data showed that 87% of the traders remain bullish on VIRTUAL, highlighting strong community optimism. This sentiment is echoed in analysts’ forecasts, who expect the token to continue reaching new highs.
One analyst noted that the altcoin has broken a 19-week downtrend, which could lead to a larger rally. He added that even if there’s a correction, the overall outlook would still remain bullish.
“My targets: $2, $2.59, $3.2 (bull targets are higher ;)” he wrote.
In addition to the price, the network has seen strong growth overall. According to the latest data from Dune Analytics, the number of daily active wallets increased in late October, averaging over 10,000. Furthermore, whale transactions exceeding $100,000 rose 240% week-over-week.
The growth could be attributed to the ecosystem expansions that have amplified VIRTUAL’s utility and demand. The Virtuals Protocol’s AI agent ecosystem saw multiple integrations. Additionally, the network announced that all agent tokens went live on Coinbase.
“Virtuals is one of the most important ecosystems in base, and I am so proud we all have all of it on @coinbase. Incredibly well deserved,” Jesse Pollak, Head of Base, wrote.
Together, these trends point to a clear revival of interest in Virtuals Protocol. Whether this momentum will endure or fade will become evident in the coming time.