VVV Token Surges Over 100% in a Week: Venice AI Partnership Announced, AI Crypto Concept Gains Momentum Again

GateNews
VVV-5,21%

March 3 News: The VVV token linked to the decentralized artificial intelligence platform Venice AI has recently performed remarkably, with a price increase of over 100% in the past week. Data shows that VVV is currently fluctuating between $7 and $8, with a market capitalization of approximately $330 million. On March 2, the token surged over 20% in a single day, hitting a new high since 2026, while the overall crypto market cap declined by about 1%, clearly outperforming the market.

Trading activity has also rapidly increased. Data indicates that VVV’s 24-hour trading volume rose to approximately $84.55 million, up about 110% from before. Amid recent tensions in the Middle East and increased market risk sentiment, most digital assets have been under pressure, but VVV’s independent performance has attracted market attention.

One of the key factors driving this rise is the news of Venice’s partnership with Openclaw. Openclaw is an open-source autonomous agent platform recently acquired by OpenAI. Venice founder Erik Voorhees revealed on social media on March 2 that Venice has been listed as one of the recommended model providers by Openclaw. This collaboration is seen as an important signal that Venice AI’s technological capabilities are gaining broader ecosystem recognition.

Voorhees also advised developers to stop using Llama 3.3 as the default model and recommended switching to the more powerful GLM 4.6 model. Following this announcement, VVV’s price briefly surged to $8.30, and the project’s fully diluted valuation once exceeded $600 million.

Notably, VVV’s upward trend had already begun before the partnership announcement. Recently, the project implemented a series of tokenomics adjustments, including reducing the annual VVV token issuance by 25% starting February 2026. This strategy effectively tightens supply, reduces selling pressure from new tokens, and enhances market expectations of scarcity.

Meanwhile, Venice AI continues to expand its ecosystem applications. VVV has gained new use cases on platforms such as Aerodrome, Morpho, and Plena. Earlier this year, Venice also upgraded its default web application model to GLM 4.7, significantly enhancing its capabilities in complex reasoning and code generation.

As the narrative of AI technology combined with blockchain continues to heat up, the market is reassessing the potential value of AI crypto projects. For VVV, future price movements will still depend on the actual growth of Venice AI’s application ecosystem and its expansion speed.

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