{"id":434529,"date":"2026-07-19T11:44:27","date_gmt":"2026-07-19T06:14:27","guid":{"rendered":"https:\/\/dripp.zone\/news\/venice-token-vvv-likely-to-continue-its-long-term-uptrend-supported-by-crypto-news\/"},"modified":"2026-07-19T11:49:23","modified_gmt":"2026-07-19T06:19:23","slug":"venice-token-vvv-likely-to-continue-its-long-term-uptrend-supported-by-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/venice-token-vvv-likely-to-continue-its-long-term-uptrend-supported-by-crypto-news\/","title":{"rendered":"Venice Token [VVV] likely to continue its long-term uptrend, supported by… – Crypto News"},"content":{"rendered":"

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Native utility and governance token of the private generative AI platform Venice Token [VVV] saw a minor resurgence on Friday, the 17th of July. It rallied by 20.1%, from a 10-week low of $9.81, to reach a local high of $11.79. At the time of writing, the token continued to push higher with momentum.<\/p>\n

The trading volume had also been remarkably high on Friday. The VVV\/USDT spot pair on Bybit witnessed a volume expansion of just over fourfold between Thursday and Friday.<\/p>\n

Jon Venice, Head of Strategy for Venice, announced that two key tokenomics updates<\/a> were going live on the 17th of July. Firstly, 5% of the money users spend on API credits for the generative AI would go directly towards a buy-and-burn program<\/a>.<\/p>\n

Secondly, the supply target of DIEM, which can be held and staked to provide $1 of daily, renewing AI compute credit, was raised from 38,000 to 40,000. The token is only minted by locking VVV.<\/p>\n

This announcement likely spurred the altcoin\u2019s resurgence from the psychological $10 level. How high can this bounce go?<\/p>\n

Venice Token maintains its longer-term uptrend<\/h2>\n

Austin Barack, founder and managing partner at crypto investment fund Relayer Capital, explained the bullish case for VVV.<\/p>\n