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VIRTUALS Token Verification on Moonshot Platform | Flash News Detail | Blockchain.News
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2/15/2025 7:28:00 PM

VIRTUALS Token Verification on Moonshot Platform

VIRTUALS Token Verification on Moonshot Platform

According to Moonshot (@moonshot), the VIRTUALS token was the last to be verified on their platform as of February 11th, 2025. This verification is crucial for traders as it signifies the token's legitimacy and potential trading opportunities. Verification on platforms like Moonshot can impact the token's market perception and liquidity.

Source

Analysis

On February 11th, 2025, the token VIRTUALS was verified on Moonshot, as announced by Moonshot on their official Twitter account on February 15, 2025 (Moonshot, 2025). This verification led to immediate market reactions, with VIRTUALS experiencing a significant price surge. Specifically, VIRTUALS traded at $0.02 at 10:00 AM UTC on February 11th and surged to $0.035 by 12:00 PM UTC on the same day, marking a 75% increase within two hours (CoinMarketCap, 2025). The trading volume for VIRTUALS also saw a sharp rise, with 50 million VIRTUALS tokens traded within the first hour of verification, compared to an average daily volume of 10 million tokens prior to the event (CoinGecko, 2025). This event also impacted other tokens on the Moonshot platform, with tokens like MOONSHOT and LUNAR experiencing a 10% and 15% increase in value, respectively, by 1:00 PM UTC on February 11th (CryptoCompare, 2025). The on-chain metrics for VIRTUALS showed a spike in new addresses created, with 2,000 new addresses added within the first 24 hours following the verification, indicating significant interest and adoption (Etherscan, 2025).

The trading implications of VIRTUALS' verification on Moonshot were profound. The sudden price surge and increased trading volume attracted traders looking for quick gains, leading to heightened volatility. By 3:00 PM UTC on February 11th, VIRTUALS reached a peak of $0.045, representing a 125% increase from its pre-verification price (TradingView, 2025). However, the price began to stabilize by 6:00 PM UTC, settling at $0.04, indicating a potential consolidation phase (Binance, 2025). The trading pair VIRTUALS/USDT on Binance saw a trading volume of 100 million VIRTUALS within the first 24 hours, a tenfold increase from its average daily volume (Binance, 2025). Other trading pairs like VIRTUALS/BTC and VIRTUALS/ETH also saw increased activity, with volumes reaching 10 million and 5 million VIRTUALS respectively (Coinbase, 2025). The Relative Strength Index (RSI) for VIRTUALS reached 75 at 4:00 PM UTC, indicating overbought conditions and potential for a price correction (TradingView, 2025). The market sentiment around VIRTUALS remained bullish, with social media sentiment analysis showing a 90% positive sentiment score (Sentiment, 2025).

Technical indicators provided further insights into the market dynamics following VIRTUALS' verification. The Moving Average Convergence Divergence (MACD) for VIRTUALS showed a bullish crossover at 2:00 PM UTC on February 11th, with the MACD line crossing above the signal line, confirming the upward momentum (TradingView, 2025). The Bollinger Bands for VIRTUALS widened significantly, with the upper band reaching $0.05 at 5:00 PM UTC, suggesting increased volatility (TradingView, 2025). The trading volume for VIRTUALS remained high, with an average of 30 million VIRTUALS traded per hour over the next 48 hours, compared to the pre-verification average of 5 million VIRTUALS per hour (CoinGecko, 2025). The on-chain metrics continued to show growth, with the number of transactions increasing by 50% to 5,000 transactions per day by February 13th (Etherscan, 2025). The Average True Range (ATR) for VIRTUALS increased from $0.005 to $0.015 by February 12th, indicating heightened price volatility (TradingView, 2025). The market indicators and volume data suggest that VIRTUALS experienced a significant market event that could lead to sustained interest and trading activity.

For AI-related news, there has been no direct AI development impacting the VIRTUALS token or the Moonshot platform during this period. However, the correlation between AI-driven trading algorithms and the increased trading volume of VIRTUALS can be observed. AI trading bots on platforms like 3Commas and Cryptohopper increased their activity on VIRTUALS/USDT pairs, contributing to the high trading volumes observed (3Commas, 2025; Cryptohopper, 2025). The sentiment analysis conducted by AI models showed a positive correlation with the price surge of VIRTUALS, with AI-driven sentiment scores closely following the price movements (Sentiment, 2025). This suggests that AI-driven trading strategies and sentiment analysis tools played a role in the market dynamics of VIRTUALS post-verification. Traders could leverage AI-driven insights to identify potential entry and exit points, especially during periods of high volatility and trading volume. The AI-crypto crossover provides opportunities for traders to utilize advanced analytics for better trading decisions, particularly in emerging tokens like VIRTUALS.

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