Analysis Daily News TheBitTimes.com

The Virtuals Protocol price dropped 21% in the last 24 hours to trade at $1.94 as of 2.30 a.m. EST on trading volume that went up 4% to $182.16 million. The project spent the last several days, including the weekend, just above the support at $2.50, after previously being rejected by a resistance at $3 on January 22. However, with a sudden bearish wave that pushed Bitcoin from $105k to under $100k, the altcoin market followed. Even AI projects, which are set to be the new trend in the crypto industry in 2025, are seemingly hit, and their prices are seeing a significant drop. Virtuals Protocol Price Prediction Virtuals Protocol price has been spiraling down since yesterday afternoon. The project’s Bollinger bands started widening as the price kept heading further down, sticking to the lower band and pushing it deeper as time passed. The price bounced back up a few times after reaching major resistances, but this was very brief. After reaching the middle line between the two ba...

Prominent analytics firm Santiment says a handful of low-cap altcoins are seeing a drastic rise in the count of new wallets created over the past week. In a thread on the social media platform X, Santiment says the artificial intelligence (AI ) related crypto project IQ.wiki (IQ) leads the pack after seeing a massive rise in network growth,  with a 2,500% surge in new wallets created in the last seven days. IQ bills itself as the “primary source of objective, high-quality knowledge on the internet today for everything related to blockchain and cryptocurrencies.” The project uses AI to scale its content and summarize wiki articles. IQ is the 430th-largest crypto project with a market cap of $154 million at time of writing. Next up is CARV (CARV), which saw a 1,800% increase in the number of new wallets created in just a week, according to Santiment. CARV is a modular data layer designed to enable users to control their data in the gaming and AI spaces....