Venice Token (VVV) was trading at $23.71 as of September 12, 2026, according to current market data, up 0.22% over 24 hours and 31% over seven days. Its market capitalization stood at approximately $1.14 billion, with about $82.8 million in 24-hour trading volume.
Largest VVV burn reported
Venice announced its latest discretionary VVV burn through its official account on X. The burn was valued at approximately $391,000 at the time of execution, making it the largest discretionary burn reported by the project to date. Venice also said that token emissions are being reduced.
Market coverage published September 10 described the emissions change as a reduction in annual emissions from 3 million VVV to 2 million VVV, or roughly 33%. The combination of a one-time supply removal and lower future emissions has been cited as a major factor behind VVV’s recent rally.
VVV reached an all-time high above $29 on September 9, before retreating as traders took profits. The token remains approximately 31% higher over the past week, based on the latest available market data.
TenX adds VVV to its treasury
Blockchain infrastructure company TenX Protocols disclosed on September 10, 2026, that it had acquired 7,710.98032 VVV through open-market and over-the-counter transactions conducted between August 31 and September 4.
The company paid approximately $132,386.43, excluding separately stated trading fees, at a weighted average price of about $17.17 per VVV. TenX reported holding 7,703.771668 VVV in custody as of September 8.
TenX characterized the acquisition as a measured addition to its multi-asset digital-asset treasury. Its disclosure also noted that VVV is an ERC-20 token on Base associated with Venice.ai, and clarified that VVV is not equity in Venice.ai, does not carry governance rights, and does not represent a general claim on the company’s revenue or enterprise value.
Market focus remains on supply mechanics
The recent VVV narrative is centered on Venice’s token economics: staking, emissions, and protocol-linked purchases and burns. Venice describes VVV as an access token for private, permissionless inference through its AI API. The project’s published materials state that certain subscription and API-credit revenue can be used to purchase and burn VVV.
Despite the recent gains, VVV remains volatile. Current market data places its circulating supply at approximately 47.9 million tokens, against a total supply of about 81 million, with a fully diluted valuation near $1.92 billion.