Amazing—$VVV pushed back above 32 cuts again!
Binance Perpetuals are currently around 32.43. In the past 24 hours, it ranged from about 30.72 to a high around 33.59, up roughly 5.6%. Volume is about 63.4M U, with around 1.22M trades. Open interest is about 1.03M coins (≈0.33B U). Funding rate is about +0.005%.
Over a week, it moved from around 23.7 to about 32.4—nearly +37%.
Catalysts are still here: Decrypt and Cryptopolitan both mentioned the Sep 21 ATH around 34.51 (Binance Perps’ intraday high that day was about 34.67). Erik Voorhees’ Venice AI is leaning into a privacy narrative—staking VVV to get inference credits. The annual emissions were already cut on Sep 1 down to 2.5M coins, and on Oct 1 they’ll be cut further to 2.0M. The roughly $65M Series A led by Dragonfly is also still keeping the momentum hot. CoinGecko’s trending searches can back it up too.
Personally, I feel this privacy-AI storyline is a bit more solid than just hype; but concentrated supply is also an obvious risk—when it pulls back, don’t treat excitement as fundamentals.
Binance Perpetuals are currently around 32.43. In the past 24 hours, it ranged from about 30.72 to a high around 33.59, up roughly 5.6%. Volume is about 63.4M U, with around 1.22M trades. Open interest is about 1.03M coins (≈0.33B U). Funding rate is about +0.005%.
Over a week, it moved from around 23.7 to about 32.4—nearly +37%.
Catalysts are still here: Decrypt and Cryptopolitan both mentioned the Sep 21 ATH around 34.51 (Binance Perps’ intraday high that day was about 34.67). Erik Voorhees’ Venice AI is leaning into a privacy narrative—staking VVV to get inference credits. The annual emissions were already cut on Sep 1 down to 2.5M coins, and on Oct 1 they’ll be cut further to 2.0M. The roughly $65M Series A led by Dragonfly is also still keeping the momentum hot. CoinGecko’s trending searches can back it up too.
Personally, I feel this privacy-AI storyline is a bit more solid than just hype; but concentrated supply is also an obvious risk—when it pulls back, don’t treat excitement as fundamentals.
