Virtual (VIRTUAL) has recently taken the lead in the AI token market with the highest net inflows in the last 24 hours. Despite the surge in inflows, however, its price growth has been relatively modest, raising questions about whether the influx of capital is truly fueling its price or if other factors are at play.

VIRTUAL Tops the AI Token Leaderboard in Inflows

VIRTUAL saw a significant $567,000 in net inflows, surpassing all other AI tokens in terms of demand. The total inflows for the token hit $7.01 million, just slightly outpacing outflows of $6.44 million. This kind of net positive movement in capital typically signals growing demand and confidence in the token. The influx of funds could suggest that more investors are taking an interest in VIRTUAL, seeing potential for growth in the AI token space.

However, despite the impressive capital flows, the token’s price only experienced a 2.72% increase in the past 24 hours, with the price sitting around $0.722. This level of price movement seems underwhelming given the volume of capital entering the market. The lack of a more substantial price uptick raises questions about the true driver behind this surge in interest.

Price Action Signals Hesitation

Looking at VIRTUAL’s price action on the 12-hour chart reveals a picture of consolidation rather than explosive growth. The token is still trading below its 50 Exponential Moving Average (EMA) at $0.803, and far beneath its 200 EMA at $2.02. This suggests that VIRTUAL is entrenched in a longer-term downtrend, despite the short-term inflows.

The Aroon indicator also reveals that the Aroon Down (orange) is holding above the Aroon Up (blue), indicating that bearish sentiment remains in control. The token’s price action shows hesitation, with buyers present but not dominant. This could suggest that investors are cautiously accumulating VIRTUAL rather than pursuing a breakout.

While these technical signals don’t reflect immediate bullish momentum, they hint at an ongoing process of consolidation, with the price movement suggesting a gradual build-up of interest without immediate signs of a breakout.

Wallet Growth Shows Rising Confidence

One of the more promising metrics for VIRTUAL is the steady increase in the number of holders. Santiment’s data shows that the total number of VIRTUAL holders has risen consistently to 27,200, signaling that more investors are holding the token over time. The absence of sharp sell-offs or wallet abandonment is a strong indicator that holders are not quickly exiting but are accumulating with longer-term confidence in the asset.

This growing number of holders, combined with the modest price action, could indicate that the token is in an accumulation phase rather than a speculative bubble. The increased wallet count suggests that a portion of investors is accumulating VIRTUAL for the long haul, rather than looking for short-term profits.

However, the data also shows that some new, speculative traders are entering the market, as evidenced by the uptick in zero-balance wallets. While this could add to market volatility, it also indicates that speculative interest is still present, albeit not dominant.

Conclusion

VIRTUAL’s recent performance highlights a mixed picture: on one hand, the high net inflows and consistent wallet growth indicate strong interest and confidence in the token. On the other hand, its modest price movement and technical indicators suggest that the market is hesitant to push the token beyond its current consolidation range.

Unless VIRTUAL breaks through key resistance levels, such as its 50 EMA around $0.803 and its 200 EMA near $2.02, it may continue to experience accumulation without a significant price breakout. While the rising interest in VIRTUAL shows that its fundamentals may be strong, investors may need to exercise patience to see if the price can finally align with the growing confidence in its future potential.