Gate News Bot Report, February 27 — According to CoinMarketCap data, VVV (Venice Token) is currently priced at $4.95, up 20.86% in the past 24 hours. The highest price reached $4.97, while the lowest dipped to $3.18. 24-hour trading volume is $20.1 million. The current market cap is approximately $219 million, an increase of $37.7 million from yesterday.
Recent Important News for VVV:
1️⃣ Airdrop Concludes, Liquidity Expectations Released
Venice’s airdrop has officially ended, with $100 million worth of unclaimed VVV tokens burned. This event clarifies the project’s liquidity supply structure, eliminating market uncertainty about future large-scale airdrops, which helps stabilize holder expectations and provides psychological support for price growth.
2️⃣ Erik Voorhees Endorsement Strengthens Project Credibility
Renowned crypto entrepreneur Erik Voorhees integrated VVV tokens into his AI platform project, deploying it on the Ethereum Layer 2 Base chain. This practical application from an industry veteran offers tangible validation of VVV’s ecosystem value, boosting investor confidence in the project’s long-term development potential.
From a technical perspective, VVV experienced a 179 basis point fluctuation within 24 hours (from $3.18 to $4.97), indicating increased market activity. The significant rise in trading volume also reflects active capital inflow. The current market cap increase of $37.7 million demonstrates positive market response to key project events.
This message is not investment advice. Please be aware of market volatility risks.
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