What is 1000x by Virtuals (1000X) Crypto Coin? Price, Supply, and Real-World Status

Posted by Victoria McGovern
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14
Nov
What is 1000x by Virtuals (1000X) Crypto Coin? Price, Supply, and Real-World Status

1000X Token Value Calculator

Calculate Your Holding Value
Key Risk Indicators
Current Price Range: $0.0016 - $0.0045 across exchanges
Price Discrepancy: Up to 170% difference between exchanges
(e.g., $0.00165 on Phemex vs $0.00447 on CoinStats)
Value Loss: 84% since all-time high ($0.01389)
Results
Current Value: $0.00
Loss Since Peak: $0.00
Percentage Loss: 84%
WARNING: This calculation assumes the price you entered is accurate. Due to extremely low liquidity (trading volume under $8,100 on some exchanges), selling may result in up to 20% slippage. The price you see on one exchange may differ significantly from others.

When you hear "1000x" in crypto, your brain probably jumps to wild gains - the kind of returns that turn small bets into life-changing sums. But 1000x by Virtuals (1000X) isn’t a success story. It’s a cautionary one. Launched as part of Virtuals Protocol, a project promising a network of AI agents that trade and create value on-chain, 1000X is now trading at a fraction of its peak. If you’re wondering whether this coin is worth your time, the data tells a clearer story than the marketing.

What is 1000x by Virtuals (1000X)?

1000X is a token built on the Ethereum blockchain. Its official contract address is 0x352b...6ce984, and it’s tied to Virtuals Protocol - a project that claims to run a "society of productive AI agents." These agents, according to the project’s website, are supposed to autonomously offer services, generate products, and engage in on-chain commerce. Sounds futuristic. But here’s the problem: there’s no public whitepaper, no detailed technical documentation, and no verifiable team behind it. No GitHub commits. No development updates. Just a website and a token.

Unlike projects like Fetch.ai or SingularityNET, which have open-source code, active developer communities, and real-world use cases, Virtuals Protocol offers nothing tangible. The AI agents? No one has seen them. The on-chain commerce? No public examples. The entire value proposition rests on a vague idea - not a working product.

Token Supply and Market Structure

There are 1 billion 1000X tokens total. As of now, 992 million are already in circulation - meaning almost all tokens were released at launch. That’s unusual. Most projects hold back a portion for team incentives, development, or future sales. Here, there’s almost no room for future inflation. But that doesn’t help if no one wants to buy.

The token’s market cap varies wildly depending on which exchange you check. CoinGecko says it’s around $1.6 million. CoinMarketCap says $2.2 million. CoinStats, however, lists it at $4.4 million. That’s more than a 2.5x difference. Why? Because liquidity is extremely low. On Phemex, the 24-hour trading volume is under $8,100. On CoinGecko, it’s under $23,000. For comparison, even small-cap tokens with real traction trade millions daily.

This kind of inconsistency isn’t normal. It’s a red flag. Low volume + high price variance = easy manipulation. A few large wallets can move the price by 20% in minutes. That’s not investing. That’s gambling.

Price Performance: A Steep Decline

1000X reached its all-time high of $0.01389 on January 15, 2025. That’s just ten months ago. Today, it’s trading between $0.0016 and $0.0045 - an 84% drop from peak. If you bought at the top, you’ve lost most of your money.

The downward trend isn’t slowing. Over the last 24 hours, most trackers report losses between 2% and 13%. The 7-day decline is even worse: Symlix shows a 26.5% drop. That’s not a dip. That’s a collapse.

Technical indicators aren’t helping either. BeInCrypto notes the 50-day moving average has crossed below the 200-day average - a classic bearish signal. Even worse, the price is trading below both averages. That means momentum is firmly negative.

Traders stare at conflicting price screens in a neon cybermarket, one weeping.

Why the Price Discrepancies Matter

Here’s something you won’t find in most crypto articles: the price of 1000X on Phemex is $0.00165, while on CoinStats it’s $0.00447. That’s a 170% difference. Why does this happen?

Because there’s no real market. There are no deep buyers. No institutional interest. Just a handful of retail traders flipping the token on different exchanges. Some exchanges list it at inflated prices because they’re the only ones trading it. Others show the true, lower value because more people are selling there.

This isn’t a flaw - it’s a feature of low-liquidity tokens. It lets promoters cherry-pick the highest price to make the coin look "hot." But if you try to sell at that price, you’ll find no buyers. You’ll end up selling at the lowest market rate - and taking a huge loss.

Who Holds 1000X? And Why?

CoinMarketCap says there are about 82,500 holders. That sounds like a lot - until you realize that’s still less than 0.1% of the total crypto user base. Compare that to Bitcoin, which has millions of holders. Or even Solana, which has over 10 million. 1000X has barely 1% of the holder count of many meme coins that barely exist.

Most of these holders are likely speculators who bought during the hype cycle in late 2024 or early 2025. Many are probably stuck - unable to sell without crashing the price further. There’s no community driving demand. No Discord with thousands of active users. No Twitter buzz. Just empty charts and stale data.

Is This an AI Crypto Project?

Virtuals Protocol claims to be an AI-driven blockchain project. But "AI" here is just a buzzword. There’s no evidence of machine learning models. No API endpoints. No public demos. No data trails showing AI agents completing transactions. In contrast, real AI crypto projects like Fetch.ai have open-source code showing autonomous agents negotiating prices, booking services, and managing supply chains.

Virtuals Protocol doesn’t even have a roadmap. No milestones. No updates. No developer announcements. It’s a token with a fancy name and zero substance.

It’s easy to get fooled by the jargon. "AI agents" sounds smart. "On-chain commerce" sounds advanced. But if you can’t see the agents, track the commerce, or verify the code - it’s just marketing.

A hollow AI robot stands empty in a desert of discarded crypto papers.

Where Can You Trade 1000X?

1000X is listed on a few smaller exchanges: CoinGecko, CoinMarketCap, Phemex, and CoinStats. It’s not on Binance, Coinbase, or Kraken. That’s not an accident. Major exchanges have strict listing standards. They require audits, transparency, and liquidity. Virtuals Protocol meets none of those.

If you want to buy 1000X, you’ll need to use a decentralized exchange like Uniswap, connecting your wallet to the Ethereum network. But even there, the slippage will be high. You might pay 5-10% more than the listed price just to get filled. And when you try to sell? You might get 15-20% less.

Should You Buy 1000X?

Short answer: No.

There’s no fundamental reason to own this token. No product. No team. No adoption. Just a price chart that’s been falling for months. The only people who profit from 1000X are those who sold early - and they’re long gone.

If you’re looking for AI crypto exposure, look at projects with real code, real teams, and real users: Fetch.ai (FET), SingularityNET (AGIX), or Ocean Protocol (OCEAN). They’re still risky, but at least they’re building something.

1000X is a ghost. It has a ticker. It has a price. But it doesn’t have a future.

Is 1000x by Virtuals (1000X) a scam?

It’s not officially labeled a scam, but it shares all the warning signs: no team, no documentation, no code, and a collapsing price. The project relies on hype, not substance. Many investors have lost money after buying at the peak. If you’re looking for transparency or long-term value, this isn’t it.

Can 1000X recover to its all-time high?

It’s extremely unlikely. The token has lost 84% of its value since January 2025. Recovery would require massive new demand, a working product, and a credible team - none of which exist. Even if the market turns bullish, 1000X lacks the fundamentals to attract real investors.

Why is the price different on different exchanges?

Because trading volume is extremely low. On some exchanges, only a few people are buying or selling. That means one large trade can swing the price dramatically. The price you see on one exchange may not reflect the real market value - especially if others are trading it much lower.

How many people hold 1000X?

Around 82,500 wallets hold 1000X, according to CoinMarketCap. That’s a small number compared to even minor crypto projects. Most holders are likely retail traders who bought during the hype, and many are now holding at a loss.

Is 1000X built on Ethereum?

Yes. 1000X is an ERC-20 token on the Ethereum blockchain. Its contract address is 0x352b...6ce984. That means you can store it in any Ethereum-compatible wallet like MetaMask. But being on Ethereum doesn’t make it safe or valuable - it just means it’s technically functional.

What’s the fully diluted valuation of 1000X?

The fully diluted valuation (FDV) is approximately $2.2 million, based on the full 1 billion token supply and the current price around $0.0022. But since nearly all tokens are already in circulation, FDV doesn’t add new risk - the real issue is lack of demand, not future supply.

Final Thoughts

1000x by Virtuals isn’t a cryptocurrency you invest in. It’s a lesson in how hype can blind people to reality. The name sounds promising. The AI angle feels cutting-edge. But behind the buzzwords? Nothing. No product. No progress. No future.

If you’re new to crypto, stay away from tokens like this. They’re not hidden gems - they’re landmines disguised as opportunities. Stick to projects you can understand, verify, and trust. The market rewards patience, not speculation.