VVV Token Rallies as Venice AI Hits $100 Million Revenue Milestone
The VVV token has surged nearly 10% in the past day to trade around $13.30 after Venice AI announced its annualized revenue crossed $100 million.
Founded by Erik Voorhees, a prominent figure in crypto for over a decade, Venice AI offers access to more than 200 AI models while deliberately not retaining any record of a user's interaction once it's processed.
The company uses a portion of its monthly revenue to buy VVV from the open market and permanently remove those tokens from circulation, creating a direct link between platform revenue and token supply reduction.