beincrypto.com
AI coins continue to draw strong attention heading into the first week of May, with Story (IP), Virtuals Protocol ($VIRTUAL), and $GRASS standing out for different reasons.
Story has shown modest gains but remains below the explosive pace set by other AI projects. Conversely, $VIRTUAL has surged nearly 90% in just seven days, benefiting from the renewed hype around crypto AI agents.
Story (IP)
Story (IP) is up nearly 5% over the past seven days but has been underperforming compared to other top AI-focused coins in the same period.
While many AI tokens have seen explosive gains recently, Story’s more modest move suggests a slower build in momentum.
Despite the lag, Story remains a project with strong fundamentals and growing relevance in the decentralized content space, making its recent price behavior worth watching closely.
Its market cap is now just above $1 billion, a psychologically important threshold that could influence future investor sentiment.
Technically, IP is currently trading very close to a key support at $3.82; if that support fails, the next major downside target is $2.97.
However, if the support holds and momentum improves, IP could rally toward $4.49, and with stronger buying pressure, extend gains to $5.04 or even $6.61.
Virtuals Protocol ($VIRTUAL)
$VIRTUAL has surged nearly 90% over the past seven days, fueled by renewed excitement around the narratives of artificial intelligence and crypto AI agents.
As AI narratives regain traction across the market, $VIRTUAL has positioned itself as one of the top beneficiaries, quickly reclaiming attention after months of quieter trading.
The strong rally highlights the market’s appetite for AI-related projects and puts $VIRTUAL in a strong position heading into the next major technical levels.
Currently, $VIRTUAL is approaching a key support at $1.008; if this level is lost, the next downside targets would be $0.84 and potentially $0.54 if selling pressure intensifies.
However, if $VIRTUAL can maintain its positive momentum, it could rally toward the resistance at $1.17.
A successful break above this resistance could pave the way for a move to $1.30, and if buying interest remains strong, even $1.50 — a level $VIRTUAL has not seen since February 5—could be within reach.
$GRASS
$GRASS has been underwhelming compared to other major AI coins, with its price moving just 0.4% over the last seven days.
While many AI tokens have posted strong rallies recently, $GRASS has remained relatively stagnant, suggesting that bullish momentum has cooled.
Despite the muted performance, $GRASS still shows signs of underlying strength, but it remains uncertain whether it can capitalize on the broader AI narrative.
Technically, $GRASS’s EMA lines are still bullish, with the short-term averages positioned above the long-term ones, but the gap between them is narrow, hinting that the trend could shift soon.
If selling pressure picks up, $GRASS could test the support at $1.63; losing that level could lead to further declines toward $1.56 and even $1.45.
However, if $GRASS can gather enough strength to test and break above the $1.74 resistance, it could open the door for a move higher to $1.82 and potentially $1.90.