$VVV Brothers, did you all make a profit too?🔥
VVV’s latest pump has some support behind the scenes as well.
Venice has been continuing to push VVV emission reductions plus buyback and burn. On September 1, the annualized released amount will drop to 2.5 million VVV tokens, and on October 1 it will further drop to 2.0 million.
At the same time, API revenue has started to participate in the buyback-and-burn too: for every $100 of API points revenue, $5 is used to buy VVV and burn it.
Earlier, the subscription business also already kicked off an automatic buy-and-burn mechanism. The higher the platform revenue is, the stronger the deflationary logic for VVV becomes.
And on top of that, Venice itself is in the AI track—recently the AI narrative has been heating up, so capital naturally finds it easier to concentrate into a target like VVV.
So personally, I’m still more bullish on this round. Both the fundamentals and the capital flows are giving the story.
But since the price has surged too fast in the short term, I wouldn’t suggest that brothers chase blindly just because you see a big bullish candle.
Focus on whether it can hold around the 23 area. If it holds, there’s still a chance to keep pushing above 25.8.
My take: moderately bullish for the medium term; in the short term, wait for a pullback—don’t give back your profits.
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