BREAKING: Venice Token (VVV) Crashes 20.7% to $6.18 in 24 Hours
Venice Token (VVV) experienced a sharp decline on March 3, 2026, plummeting 20.7% to $6.18 as the AI-focused cryptocurrency shed over $74 million in market value within 24 hours.
The token, which powers Venice AI’s decentralized artificial intelligence infrastructure, dropped from a 24-hour high of $8.33 to a low of $6.15 before settling at $6.18 as of 19:14 UTC. The steep decline represents one of the most significant single-day drops for the asset since its launch.
Market Impact and Trading Volume
Venice Token’s market capitalization contracted from approximately $351.4 million to $276.9 million, a loss of $74.5 million representing a 21.2% decrease. The selloff was accompanied by elevated trading activity, with 24-hour volume reaching $66.1 million.
The token now ranks #143 by market capitalization among all cryptocurrencies, with a circulating supply of 44.35 million VVV tokens out of a total supply of 78.85 million. Its fully diluted valuation stands at $492.2 million.
Historical Context
Despite today’s crash, Venice Token remains up 65.4% over the past week and an impressive 178.5% over the past 30 days, indicating the token had experienced significant gains before the correction. However, VVV is now trading 72.3% below its all-time high of $22.58, reached on January 28, 2025.
The token has shown remarkable volatility since hitting its all-time low of $0.92 on December 1, 2025, representing a 579% recovery from that bottom despite today’s losses.
Short-Term Trend
The immediate hourly data shows continued weakness, with VVV declining an additional 1% in the hour preceding the report, suggesting selling pressure has not yet fully subsided.
Venice AI, the project behind VVV token, offers decentralized AI infrastructure services, competing in the growing intersection of artificial intelligence and blockchain technology. The token serves as the native utility and governance asset for the Venice ecosystem.
Market analysts have not yet identified a specific catalyst for today’s selloff. Traders and investors will be monitoring whether the token finds support at current levels or continues its downward trajectory.
Stay informed with daily updates from Blockchain Magazine on Google News. Click here to follow us and mark as favorite: [Blockchain Magazine on Google News].
Â
Disclaimer
Blockchain Magazine publishes content submitted by third-party agencies, partners, and clients. Any such posts are categorized and tagged accordingly:
- Sponsored Content: Posts labeled as "Sponsored" are paid placements submitted by third-party agencies or clients. Blockchain Magazine does not endorse or express any views regarding the information contained in these posts. The opinions expressed belong solely to the respective authors and do not reflect the official policy or position of Blockchain Magazine.
- Press Releases: Posts labeled as "Press Release" are paid PR submissions provided by our partners and clients. These are published as received and should be considered as promotional content.
The information provided in such posts is strictly for informational purposes only and should not be interpreted as financial, investment, or professional advice. Blockchain Magazine does not recommend, endorse, or promote any specific products, services, or companies mentioned. Readers are strongly encouraged to conduct independent research and consult with a qualified professional before making any financial or investment decisions.
Additionally, all featured images accompanying such posts are intended as creative depictions of the subject matter. There is no intent to offend or misrepresent any individual, institution, or entity. If any content or imagery is found to be objectionable, please reach out to us at [email protected], and we will promptly review the concern.
About the Author: Editors Desk
Get Blockchain Insights In Inbox
Stay ahead of the curve with expert analysis and market updates.
