Venice AI Token ($VVV) Makes Waves with $1B Valuation but Faces Market Volatility

The excitement in the cryptocurrency market following the launch of the Venice AI token ($VVV) has been hard to ignore. In no time, the token reached an eye-popping fully diluted valuation (FDV) of $1 billion, attracting attention from traders and investors alike.

The rapid growth of its market cap—along with high-profile exchange listings and airdrop announcements—has only intensified coverage and conversation around the token. And, of course, speculation has ramped up because of what $VVV could mean—given that it’s tied to a privacy-focused AI platform—for the future of trading, investing, and even our day-to-day online behavior.

Even though the token had some early success, its price has been quite unstable, flashing the kind of volatility seen in so many crypto projects. Trading volume and on-chain activity across the @base network are still being led by the token, but a couple of important metrics shine a light on something that should be of concern to the Network and its leadership: there has been no real progress in getting Base into the crypto industry’s version of “the fold.”

One of the most significant events associated with $VVV is its recent appearance on Coinbase. Yesterday, the $VVV SpeedPass, which has a market cap of $600 million, started trading on the popular exchange. This represents a major milestone for the token. The initiative claims to be constructed on DeepSeek, an AI-driven platform, and has evidently gained some strong initial traction in the market.

A new address that spent about $3.758 million over the past 24 hours to acquire 217,000 $VVV tokens has an average entry price of $17.32 per token. Yet the price of $VVV continues to decline. In fact, $VVV is down 39% since that new address made its acquisition. This highlights the volatility that traders are currently navigating, with some seeing major losses despite the broader enthusiasm surrounding the token.

In the 48 hours since its launch, $VVV has taken over as the main force in terms of trading volume and market buzz on @base. When we look at Smart Money holdings, though—large investors and funds that usually push market trends in one direction or another—the token isn’t quite commanding the top spot yet.

Using the most current available information, here’s how the top Smart Money positions on the @base network stack up: