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
Bitcoin Slips Below $70,000 as Fed Rate Pause and Oil Surge Pressure Markets
Bitcoin declined to $70,000 due to steady interest rates from the Federal Reserve and rising energy prices, leading to $600 million in liquidations and increased market volatility, particularly affecting altcoins.
CryptoBreaking36m ago
XRP Climbs 3% Past $1.47 as Breakout Extends on Bitcoin-Led Rally
Key Takeaways
XRP broke above $1.426 resistance after months of consolidation, jumping to $1.47 on surging volume
Trading volume spiked over 250% during the move, indicating strong participation in the breakout
Activity on the XRP Ledger continues climbing, with tokenized real-world assets
CryptoBreaking41m ago
BTC down 0.65% in 15 minutes: Large spot selling orders dominate short-term pullback, panic sentiment intensifies volatility amplification
2026-03-20 13:45 to 2026-03-20 14:00 (UTC), BTC declined 0.65% within 15 minutes, with price range fluctuating between 69795.3 to 70399.4 USDT, reaching an amplitude of 0.86%. Market volatility intensified in the short term, trading activity increased, and investor attention rose.
The main driver of this price movement was concentrated large-scale active selling in the spot market. During this period, major trading platforms saw multiple large sell orders exceeding 100 BTC each, with sell orders accounting for 52% of volume, directly driving prices downward.
GateNews1h ago
AI Cryptocurrency Bittensor TAO Leads the List of Trending Tokens
Bittensor (TAO) is currently the top trending cryptocurrency, gaining 14.21% in 24 hours, while ZBCN and PHA follow. TAO is expected to face a brief correction, highlighting the volatile nature of crypto markets.
TheNewsCrypto3h ago
