The crypto market barely nudged up the last 24 hours but the real star from the top 100 ain’t BTC or those other big names it’s the sneaky Venice Token (VVV) that stole the show 😈. Its price went straight to a fresh record high with tons of analysts calling for even more upside but a few are like holding now feels risky so maybe grab those profits while ya can fr 💀.
The Massive Pump Session 🚀
Just hours back VVV blasted to a new all-time high near $30 then eased off and now sits around $25.60 per CoinGecko after a solid 42 percent jump in 24 hours. That pushed its market cap over $1.2 billion which leapfrogged PI and ARB to land it at the 68th spot overall 📈.
The main spark came from the team dropping a fresh update where they burned a total of $391,000 worth of VVV which is the biggest null address send yet. This utility token for the Venice AI platform has a supply around 80.97 million coins with over half already circulating 🔥.
X user Crypto With Gopal claimed VVV showed a strong bullish breakout once price smashed above the $23 resistance zone and buyers are clearly running the show with the next key level near $29.20 here.
“A sustained move above it could open the door for another leg higher,” the analyst added.
OxNeena and Nebraskangooner jumped in too with the first one saying VVV is setting up for a massive move and calling for a jump past $30 if the trend sticks here while the other sees the chart as strongly bullish until proven otherwise here.
“Next fib resistances I’m seeing above are $27 area and $35 area,” he stated.
Time To Lock In Gains Tho? 💎
Crypto Patel also highlighted the rally but pointed out that securing profits at this point could be the wiser play saying if ya feel comfy with higher risk keep a small slice running for potential upside but after a 1,600 percent move protecting profits matters 💸.
The token RSI backs the idea that price could dip soon since it rocketed above 80 which means extreme overbought vibes and a possible pullback ahead 🌙.
Just another echo from the void by iconofsin.eth 💖
