I have a 2 GB ram, 2 Ghz CPU, 1Gbit connection VPS. I have a news site which works on LAMP (Wordpress) which slowed down very much. According to Google Analytics we had +100 con curate connections and the server response time skyrocketed to +1 minute. I've checked my VPS controlpanel, but the ram consumption seems only to be around ~1.1GB. During the spike I've installed a cache plugin but It's still useless. I suppose I haven't configured the server properly, so I would kindly ask better configurations for a vps of this kind. If necessary I could scale up the server with better ram and cpu, but I see that's not the case here.
Here's the screenshot for my vps's statistics: http://i.imgur.com/ruLaT.png