Venice Token (VVV) scheduled supply cut takes effect, price advances 10.2%
Venice Token (VVV) advanced 10.2% to $18.23 as a scheduled supply cut took effect, with the September 1 reduction lowering annual issuance from 3 million to 2.5 million VVV tokens. Multiple sources noted the supply reduction and anticipated further price action, with the DIEM target rising again on September 14.
Detected & updated continuously · Source: Nebula
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@AleaResearch
VVV advanced 10.2% to $18.23 as a scheduled supply cut took effect. The Sep 1 reduction lowered annual issuance from 3M to 2.5M VVV, equivalent to about 6,850 tokens a day. The DIEM target rises again on Sep 14, so paid usage must absorb additional credit capacity. https://t.co/a4iCgTLczd
@AustinBarack
The monthly $VVV discretionary burn is likely happening in the next two days (typically b/t the 7th and 9th of the month). I'm expecting another consecutive ATH https://t.co/V5m4KVz8oH
@andyyy
update: watch for ATH breakout on Venice this week & NEAR continuation. higher. $VVV $NEAR https://t.co/mM57X1BlXO