Gate News Bot Message, March 5th, according to CoinMarketCap data, as of press time, VVV (Venice Token) is currently priced at $6.82, up 15.73% in the past 24 hours, with a high of $8.36 and a low of $4.09. The 24-hour trading volume reached $49.9 million. The current market capitalization is approximately $303 million, an increase of $41.2 million from yesterday. ## Important recent news about VVV: 1️⃣ **Airdrop Mechanism Adjustment and Token Burn Impact** Venice's airdrop event has concluded, and approximately $100 million worth of unclaimed VVV tokens from this round have been burned. This move effectively reduces the circulating supply in the market, supporting the price trend through supply-side contraction, which resonated with the increased trading activity during this rise. 2️⃣

The VVV token has recently performed exceptionally well, with a price increase of over 100%, currently fluctuating between $7 and $8. Its rise has been driven by news of the Venice AI and Openclaw partnership, while the company's adjustments to token economics and expansion of ecosystem applications have also attracted market attention. Future price trends will depend on the growth of platform applications.

On March 2nd, the global cryptocurrency market was generally sluggish, but Venice Token (VVV) rose against the trend, increasing by over 20%. VVV is the native token of the Venice AI ecosystem, dedicated to privacy and decentralized computing. Recently, its token issuance has decreased and it has integrated with multiple DeFi protocols, boosting market attention to VVV and continuously expanding the user base. Despite the significant rise, VVV's price remains 70% below its all-time high.

Gate News Update, March 2nd. According to CoinMarketCap data, as of press time, VVV (Venice Token) is currently priced at $6.63, up 24.08% in the past 24 hours. The highest price reached $6.65, while the lowest dipped to $3.18. The 24-hour trading volume is $43.6 million. The current market capitalization is approximately $294 million, an increase of $57 million from yesterday. ## Recent Important News about VVV: 1️⃣ **Airdrop Completion and Token Burn Event** Venice's airdrop program has officially concluded, with $100 million worth of unclaimed VVV tokens being burned. This move directly reduces the circulating supply in the market, enhancing the token's scarcity and supporting its price. The burn event signals the project's emphasis on ecosystem stability, which helps to

Gate News Bot Message, February 27th, according to CoinMarketCap data, as of press time, VVV (Venice Token) is currently priced at $4.95, up 20.86% in the past 24 hours, with a high of $4.97 and a low of $3.18. The 24-hour trading volume reached $20.1 million. The current market capitalization is approximately $219 million, an increase of $37.7 million from yesterday. ## Recent Important News about VVV: 1️⃣ **Airdrop Campaign Concludes, Releasing Liquidity Expectations** Venice's airdrop campaign has officially ended, including the burning of $100 million worth of unclaimed VVV tokens. This event marks the clarification of the project's liquidity supply structure, eliminating market uncertainty about subsequent large-scale airdrop releases, which is beneficial for stabilizing holder expectations and providing psychological support for price appreciation.