Venice AI Drives VVV Token Surge as Annual Revenue Tops $100M
VVV Token has spiked by over 20% in the last 24 hours, outperforming the broader cryptocurrency market. The surge is tied to Venice AI's announcement that it has reached $100 million in annualized revenue, a significant milestone for the platform.
According to Coincodex data, VVV price increased from previous lows to reach an intraday peak of $14.71, with daily trading volumes topping $33 million, representing a 427% surge from the day before.
Venice's growth has accelerated its connection with VVV, as the company uses part of its revenue to buy and burn VVV tokens on the open market, creating a link between platform growth and token demand.
The recent rally comes after Venice secured a $65 million investment at a $1 billion valuation last month, but VVV is still trading at 35% below its previous all-time high of $22.45 set in early 2025.