Virtuals Protocol Ends Genesis, Teases New Launch Model
Virtuals Protocol has officially announced that its Genesis program is coming to an end, marking a significant turning point for the project. In a statement on X, the team explained that what began as an experiment in fair launch and open participation proved powerful in its early phase but ultimately cannot scale to the next stage of growth.
The team emphasized that after listening to builders, “Virgens,” and analyzing data, the clear path forward is to sunset Genesis and introduce a new launch model. According to the announcement, this new framework will be built for scale, designed for the next wave of agents, and intended to last long term.
Key details include:
Virgen Points will provide an initial advantage in the transition and will be phased out within the next four weeks.veVIRTUAL holders ($VIRTUAL stakers) will continue to receive strong, ongoing benefits as the new model unfolds.Additional details will be revealed soon, with the team urging the community to "get ready" for what’s coming. This marks a major strategic shift for Virtuals Protocol, aimed at creating sustainable growth beyond its original launch model.
Chart Analysis: $1 Support Key for $VIRTUAL
Looking at the daily chart of $VIRTUAL/USD, the token is currently hovering around the $1.03 level, sitting directly above the critical $1 psychological and technical support zone.
Virtuals/USD 1-day chart - TradingView
Technical Breakdown
Descending Resistance: The chart shows a clear downtrend line (red) stretching back to early summer, continuously rejecting price attempts to break higher. This trendline remains a major barrier to upside momentum.Moving Averages: The 50-day SMA ($1.21) and 200-day SMA ($1.33) are both trending above current price, reinforcing a bearish bias until a breakout occurs.Support Zone: The yellow horizontal support at $1.00 has held multiple times since spring, making it the most important level on the chart. A confirmed break below would likely accelerate downside toward $0.80–0.70.RSI: The Relative Strength Index (RSI) is currently around 38, leaning toward oversold conditions but not fully there yet, suggesting some room for further pressure before a bounce.Virtuals Price Prediction: Trader’s View
From a professional trading standpoint:
Bullish Case: If the broader crypto market stabilizes and Bitcoin stops dumping, $VIRTUAL at $1.00 is a strong entry point. The risk-to-reward is attractive here, with upside potential back to $1.20–$1.35 (SMA retests) and eventually $1.60 if the downtrend line breaks.Bearish Case: If Bitcoin continues to sell off, a break below $1 could trigger a steep drop toward $0.80 or lower. Traders should watch volume closely for signs of capitulation or reversal.Is Virtuals Coin a Good Buy?
Virtuals Protocol’s decision to end Genesis signals a bold pivot toward a more scalable and durable launch framework, with veVIRTUAL holders standing to benefit from the transition.
On the technical side, $1 is a make-or-break level for $VIRTUAL. If the crypto market finds stability, this zone could represent one of the best risk-adjusted entry points in months. But a breakdown below would open the door to deeper losses.