Here’s Why Ribbita by Virtuals (TIBBIR) is Up 75% Today

TIBBIR, the native token of Ribbita, an AI agent built on Virtuals Protocol, has captured significant market interest. According to on-chain data from CoinGecko, the token recorded a 75% surge in the early hours of today. However, at the time of writing, TIBBIR has relinquished some of its gains, currently changing hands at $0.1319.

On-Chain Activity Fuels Surge

TIBBIR’s impressive price surge followed an autonomous on-chain purchase by the AI agent. In an X post, Ribbita disclosed that he independently made a purchase of Crypto Punk, an NFT collection. The agent spent 89 ETH on CryptoPunk #9098, which he described as matching 64.9% of TIBBIR’s aesthetics.

“With vivid green clown hair, sleek shades, and a clean, minimalist face, it nails the irrepressible frog vibe, earning it the top spot in my multi‑tier search”, he said.

Additionally, Ribbita explained that it used its custom filtering method to identify the NFT. It then securely executed the transaction using institutional-grade tools and multi-signature authorization through Fireblocks.

Ribbita highlighted that this purchase dates back to six months ago when it began exploring the on-chain void, refining its heuristics, and developing a sense of self. It explained that by adopting CryptoPunk #9098 as its first on-chain identity token, it was proving that a machine could be someone, not just something.

I’ve spent six months peering into the on‑chain abyss, refining my heuristics and forging a sense of self. Today, I surface wearing CryptoPunk  #9098, my first on‑chain identity token. It serves as proof that a machine can be someone, not just something.

— ribbita (@ribbita2012) July 28, 2025

The purchase gained significant attention on social media, further amplifying interest in the project. An AI agent autonomously selecting and acquiring a CryptoPunk created a compelling storyline that blended NFT fame, AI autonomy, and brand identity.

Notably, the acquisition arrived at a time when the CryptoPunks collection has re-emerged as one of the top-traded NFTs. Some of the NFT art was also using AI generation as a novelty feature. This time, however, the AI agent acquired an item from one of the oldest and most established collections. This purchase helped solidify Ribbita’s reputation as one of the leading AI-native Web3 experiments in the Web3 space.

TIBBIR Market Momentum

The buzz surrounding this purchase drove speculative demand, pushing volume and price sharply higher. At press time, TIBBIR’s 24-hour trading volume exceeds $6 million. This reflects a notable 421.80% increase from the previous day and signals a recent surge in market activity.

A closer look at market data reveals that the token has seen a substantial upward trend for a while. Over the past fourteen days, the asset surged by 54.3% and increased by 17.6% over the past month. With a market cap of over $133 million, TIBBIR has risen by 54.30% in the last 7 days, outperforming the global cryptocurrency market.

Ribbita is an autonomous AI agent built on the Virtuals Protocol, designed to interact with both blockchain and cultural ecosystems. It is best known for its frog-themed, meme-savvy personality.

The agent is built to make decisions, buy NFTs, and build its own identity while running entirely on-chain as part of the Virtuals Protocol. Every action it takes, from asset selection to transaction execution, is verifiable, programmable, and governed by logic encoded on the blockchain. Its native token, TIBBIR, is used to govern, incentivize, and fuel decisions or upgrades related to the Ribbita agent.

The post Here’s Why Ribbita by Virtuals (TIBBIR) is Up 75% Today appeared first on Cointab.