Gate News Bot Message, March 5th, According to CoinMarketCap data, at the time of press, VVV (Venice Token) is 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 cap is approximately $303 million, an increase of $41.2 million from yesterday.
Recent Important News about VVV:
1️⃣ Airdrop Mechanism Adjustment and Token Burn Impact
Venice’s airdrop event has concluded, with about $100 million worth of unclaimed VVV tokens burned. This move effectively reduces the circulating supply in the market, supporting price growth through supply-side contraction, which resonated with the increased trading activity during this rise.
2️⃣ Rising Popularity of AI Application Sector
Venice, created by Erik Voorhees, is an AI platform deployed on the Ethereum Layer 2 Base chain, demonstrating the project’s technical positioning in decentralized AI. The AI token concept has recently gained market attention, and VVV, as a representative project in this sector, benefits from industry hot spots.
3️⃣ Increased Trading Volume and Market Attention
With a 24-hour trading volume of $49.9 million and a market cap increase of $41.2 million, along with significant price fluctuations (from $4.09 to $8.36), this reflects active market participation and price discovery mechanisms, indicating growing interest from both institutional and retail investors.
This message is not investment advice. Please 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
UXLINK Exploiter Sells 5,496 ETH for $11.82M DAI
Gate News bot message, the UXLINK exploiter has sold 5,496 ETH for $11.82 million DAI in the past hour. UXLINK suffered an attack on September 22, 2025, when attackers took control of its multisig wallet, draining over $44 million in the process.
GateNews45m ago
Polymarket Partial Prediction Functionality Appears to Be Down, Order Book Displays Abnormally
Gate News reports that on March 20th, the official interface displayed that Polymarket's prediction function in certain sections appears to be down, with order books showing discrepancies from actual conditions. Trading, prices, positions, and balances may experience delays. Users are advised to trade with caution.
GateNews57m ago
Shiba Inu Down Over 60% in 2025, Layer 2 Launch Fails to Boost Price
Gate News reports that on March 20, Shiba Inu's price has declined over 60% during 2025, despite the project launching Shibarium, a Layer 2 solution with DeFi capabilities. This case demonstrates that even when meme tokens are equipped with utility tools, it is difficult to sustain value support. Additionally, the co-founder of PEPE is building a new project based on exchange fee revenue, with relevant details not yet disclosed.
GateNews1h ago
Solana price remains at $88, controversy over stablecoin yields heats up
Gate News report: On March 20, White House crypto advisors stated that friction between banks and crypto companies regarding stablecoin yields is unfounded, and expressed confidence in yield sharing. Meanwhile, Solana price maintained levels around 88 dollars. Additionally, crypto project Pepeto has recently garnered market attention.
GateNews1h ago
ZBCN (Zebec Network) up 12.55% in 24 hours
Gate News reported that on March 20, according to Gate's market data, as of press time, ZBCN (Zebec Network) was trading at 0.0024 USD, up 12.55% in the last 24 hours. The highest price touched 0.0024 USD, while the lowest fell to 0.0020 USD. The 24-hour trading volume reached 8.09 million USD. The current market cap is approximately 230 million USD, ranking at #182.
Zebec Network is a real-time cryptocurrency payroll and payment platform that has been building decentralized infrastructure since 2021. The platform has over 250 enterprise clients, with monthly active users surpassing 50,000, and annual payroll processing volume reaching 500 million USD.
The platform's main products include: Zebec Cards crypto card product, supporting users with
GateNews1h ago
EtherFi Pivots to RWA Track, $25 Million Allocation to Plume Vault
EtherFi announced a $25 million investment in Plume's real-world asset protocol Nest, a move aimed at introducing stable yields and reducing dependence on crypto market volatility. The nBASIS vault deployed in this round integrates strategies including crypto basis trading, staking rewards, and government securities returns, allowing users to streamline participation in high-yield operations. As the RWA market expands rapidly, its tokenized total value has grown to $27 billion, primarily driven by U.S. Treasury securities.
MarketWhisper1h ago
