Gate News Bot Message, January 12th, According to CoinMarketCap data, at the time of press, VVV (Venice Token) is currently priced at $3.33, up 21.54% in the past 24 hours, with a high of $3.61 and a low of $1.84. The 24-hour trading volume reached $22.5 million. The current market capitalization is approximately $145 million, an increase of $25.7 million from yesterday.
Recent important news about VVV:
1️⃣ Token Supply Significantly Reduced
Venice has confirmed that starting from February 10th, the annual issuance of VVV tokens will be reduced from 8 million to 6 million, a decrease of 25%. The significant reduction in supply will improve the inflation outlook for the token. Such “supply reduction” mechanisms are generally viewed as positive signals by the market, helping to enhance the token’s scarcity and long-term value support. This policy adjustment was announced about a month before implementation, and the market had already priced in the news, becoming a key driver of this round of price increase.
This message is not investment advice. Investors should be aware of market volatility risks.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Peter Schiff Drops a Truth Bomb on Bitcoin: Four Years Later and Still Below $69K
Peter Schiff, a long-time Bitcoin critic, highlights Bitcoin's stagnation below previous highs for over four years amid a market downturn. While he points to this as evidence of Bitcoin's decline, historically, Bitcoin has rebounded from similar situations, suggesting that betting against it could be risky.
CaptainAltcoin3m ago
XLM Gears Up for 14% Jump as Market Strength Returns
XLM surged 9% with strong volume, outperforming major cryptocurrencies.
A break above $0.18 could trigger a 14% move toward $0.21.
Rising Open Interest and whale activity signal growing bullish momentum.
Momentum returned across the crypto market, and Stellar — XLM, quickly joined the
CryptoNewsLand53m ago
Bitcoin may drop below $60,000: The breakeven period could extend to 2027, and the selling pressure from whales intensifies the downside risk.
Recent data shows that if Bitcoin falls below $60,000 again, the time for the market to recover to its historical high could be delayed until 2027. Analysts believe that the current pullback and market conditions suggest there is still room for further downside, coupled with increased selling by whales, which intensifies the pressure on market recovery.
BlockBeatNews1h ago
Bitcoin Warning: Why This Weekend Could Be ‘Highly Eventful’ as War Enters 2nd Month
It was precisely a month ago when the US and Israel joined forces to carry out military strikes against several Iranian sites, including killing the nation’s Supreme Leader, in what was advertised as a relatively quick operation.
Although Trump bragged several times that the US is ahead of
CryptoPotato1h ago
TAO Jumps 90% Amid AI Boom as Bitcoin Sees Capital Shift
TAO surged 90% as AI narrative drove strong capital inflows.
Bitcoin faced pressure as investors rotated funds into AI-focused assets.
Rising network activity and volume support TAO’s sustained market strength.
Momentum can shift quickly in the crypto market, and strong rallies rarely ap
CryptoNewsLand1h ago
Each mined coin loses $20,000! Bitcoin miners are fleeing, and the "mining difficulty" has suddenly dropped by 7.8%.
The Bitcoin mining industry faces severe challenges: mining costs have surged to $88,000, while the Bitcoin price is about $68,000, causing miners’ losses to deepen. As geopolitical risk and high oil prices continue to weigh on the market, computing power keeps falling, and industry pressure is also triggering instability in the market. Many mining firms have begun transitioning to AI and high-performance computing in a bid to survive.
区块客1h ago
