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Cryptocurrency News Articles

AI Coins DeXe, Virtuals Protocol, and Destra Network Surge Amid Growing Hype

Jan 04, 2025 at 04:30 am

The first week of January 2025 has brought significant attention to three standout AI-focused coins: DeXe (DEXE), Virtuals Protocol (VIRTUAL), and Destra Network (DSYNC).

AI Coins DeXe, Virtuals Protocol, and Destra Network Surge Amid Growing Hype

Three AI-focused coins, DeXe (DEXE), Virtuals Protocol (VIRTUAL), and Destra Network (DSYNC), have garnered substantial attention in the first week of January 2024.

DEXE led the gains with a 67% surge in the last seven days, reclaiming its highest levels since 2021 and reaching a $1 billion market cap. VIRTUAL, the leading AI coin with a $4.2 billion market cap, gained 30.5% this week and hit new all-time highs above $5. Meanwhile, DSYNC saw a 46% increase, with a market cap of $433 million.

DeXe (DEXE)

DeXe Network is a Web3 platform that provides governance solutions by enabling the creation and management of decentralized autonomous organizations (DAOs). Its native token is DEXE.

DEXE token has surged 67% over the past week, reaching its highest levels since 2021 and achieving a $1 billion market cap.

If the uptrend and the hype around AI coins continue, DEXE could test resistance at $21.8, with a potential rise to $25 if broken. However, if the momentum weakens, it may fall to $15.8 support, and further down to $12.6 if the decline persists.

Virtuals Protocol (VIRTUAL)

VIRTUAL has become one of the most talked-about coins in recent weeks. It is a decentralized platform that enables the creation and monetization of artificial intelligence personas tailored for virtual environments, including games and metaverses.

The coin has surged 30.5% in the past seven days and 150% over the last month, consistently reaching new all-time highs. On January 2, it crossed the $5 mark for the first time, cementing its status as a top-performing asset.

With a market cap of $4.2 billion, VIRTUAL is now the leading artificial intelligence coin, surpassing competitors like RENDER and TAO. If its uptrend resumes, VIRTUAL could test the $5 resistance again and possibly climb to $5.25. However, a correction could see it drop to $3.73, or further down to $2.81 if support levels fail.

Destra Network (DSYNC)

DSYNC has gained 46% in the last seven days and is the native token of Destra Network. Destra Network is a decentralized platform that offers cloud computing, artificial intelligence processing, and decentralized storage solutions.

With a market cap of $433 million, DSYNC remains relatively modest in trading volume, which reached nearly $16 million in the past 24 hours.

If the uptrend continues, DSYNC could test resistance at $0.497 and $0.5. It could potentially climb to $0.55 and $0.6 to reach new all-time highs. However, if the rally loses momentum, the token could retrace to its support at $0.359, signaling a sharp correction.

News source:beincrypto.com

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