Original | Odaily ([@OdailyChina](https://x.com/OdailyChina))
Author | Azuma ([@azuma_eth](https://x.com/azuma_eth))
On the evening of January 15, the leading AI Agent issuance platform Virtuals Protocol announced a major ecological buyback plan.
Specifically, Virtuals Protocol announced that it has accumulated 12,990,427.85 VIRTUAL through post-bonding transaction fees since October 16, which, calculated at a unit price of $3.7, corresponds to a value of about $48 million. All these fees will be used to repurchase and burn the various AI Agent tokens within the Virtuals Protocol ecosystem based on the time-weighted average price (TWAP) in the next 30 days.
Affected by this positive news, the Virtuals Protocol ecosystem has generally seen a significant increase today. According to the [GMGN](https://t.me/GMGN_sol_bot?start=i_HiQUsVtn) market, as of 10:20, the price changes of the representative projects are as follows:
VIRTUAL's market cap is currently $3.7 billion, up 27.8% in 24 hours;
aixbt by Virtuals (AIXBT)'s market cap is currently $764 million, up 42.56% in 24 hours;
GAME by Virtuals (GAME)'s market cap is currently $247 million, up 28.23% in 24 hours;
VaderAI by Virtuals (VADER)'s market cap is currently $108 million, up 29.71% in 24 hours;
Luna by Virtuals (LUNA)'s market cap is currently $87 million, up 25.5% in 24 hours;
Prefrontal Cortex Convo Agent by Virtuals (CONVO)'s market cap is currently $53 million, up 61.55% in 24 hours.
Specific Buyback Details
In addition to announcing the buyback plan, Virtuals Protocol also disclosed the specific buyback details, with a total of 50 AI Agent tokens included in the buyback list. The specific buyback list and amounts are as follows:
GAME: 1,616,443 VIRTUAL
CONVO: 1,106,759 VIRTUAL
AIXBT: 881,921 VIRTUAL
SEKOIA: 712,488 VIRTUAL
MISATO: 690,345 VIRTUAL
VADER: 435,857 VIRTUAL
SAINT: 401,197 VIRTUAL
VU: 259,376 VIRTUAL
AIRENE: 254,053 VIRTUAL
GLUTEU: 224,240 VIRTUAL
POLY: 216,208 VIRTUAL
NFTXBT: 178,819 VIRTUAL
CYI: 177,427 VIRTUAL
MUSIC: 159,932 VIRTUAL
GUAN: 152,468 VIRTUAL
SQDGN: 146,837 VIRTUAL
VIRTU: 145,768 VIRTUAL
SAM: 132,681 VIRTUAL
H 4 CK: 125,718 VIRTUAL
POD: 108,395 VIRTUAL
AIXCB: 103,523 VIRTUAL
PH: 92,201 VIRTUAL
SERAPH: 91,348 VIRTUAL
WAI: 88,328 VIRTUAL
CALLS: 86,714 VIRTUAL
GEKKO:81,219 VIRTUAL
BRO: 78,450 VIRTUAL
ACOLYT: 77,611 VIRTUAL
101: 74,359 VIRTUAL
FREYA: 74,232 VIRTUAL
WHIP: 65,445 VIRTUAL
ECHO: 65,414 VIRTUAL
NIKITA: 61,123 VIRTUAL
ATHENA: 59,708 VIRTUAL
REX: 9,617 VIRTUAL
PANIK: 58,121 VIRTUAL
DEGENC: 57,800 VIRTUAL
SPLOOT: 51,688 VIRTUAL
DORA: 50,580 VIRTUAL
TAOCAT: 50,380 VIRTUAL
AIBLKS: 49,092 VIRTUAL
LOKY: 48,381 VIRTUAL
SATOSH: 47,185 VIRTUAL
AIYP: 46,797 VIRTUAL
JOE: 46,734 VIRTUAL
INTERN: 46,164 VIRTUAL
WEBSIM: 43,632 VIRTUAL
PUPAI: 42,384 VIRTUAL
DREAM: 41,751 VIRTUAL
TRUST: 39,940 VIRTUAL
Which Projects Benefited the Most?
Shortly after the Virtuals Protocol announcement was released yesterday, on-chain analyst hitesh.eth further calculated the buyback intensity and corresponding market cap ratios for different projects.
As shown in the list in the previous section and this chart, in terms of absolute amount, the five Virtuals Protocol ecosystem projects with the largest buyback intensity are:
GAME, the "crown prince" and framework of the Virtuals Protocol ecosystem;
CONVO, another major infrastructure project in the Virtuals Protocol ecosystem;
AIXBT, the AI Agent project with the highest mental performance in the current industry;
SEKOIA, a blockchain-based AI fund project;
MISATO, a project that sets highly detailed character-based AI Agents.
From the perspective of the buyback amount/market cap ratio, some smaller market cap projects actually have a larger "positive" impact - the pre-buyback amount of some projects even exceeds the circulating market cap at the time of the announcement. Combining hitesh.eth's statistics, the projects with the largest "buyback amount/market cap" positive impact are: PUPAI, MISATO, WHIP, SATOSH, POD.
Looking at the actual market performance, since the announcement was released, these projects have also been at the forefront of the ecosystem's price increase. According to [GMGN](https://t.me/GMGN_sol_bot?start=i_HiQUsVtn) market data:
PUPAI's 24-hour price increase exceeded 1200%;
MISATO's 24-hour price increase exceeded 549%;
WHIP's 24-hour price increase exceeded 893.8%;
SATOSH's 24-hour price increase exceeded 200.8%;
POD's 24-hour price increase exceeded 320.5%.
Considering that Virtuals Protocol's buyback has not yet actually started (in the next 30 days), the Virtuals Protocol ecosystem tokens on the list are expected to generally have strong buying support in the future market, and are expected to maintain relatively good price performance. However, considering the FOMO sentiment that has driven a round of explosive rallies from last night to now, investors also need to be aware of the risk of correction volatility after the short-term price increase is too large.
