Venice AI Token Tops Crypto Trends After Reaching $1B Valuation

The Venice AI token (VVV) is the most discussed cryptocurrency across social networks, followed closely by Toshi (TOSHI), Bitcoin (BTC), Ripple (XRP), Swiftcoin (SWFTC), and Toncoin (TON).

According to market intelligence platform Santiment, discussions about VVV have primarily revolved around its rapid market cap growth, exchange listings, and airdrop announcements.

Airdrop and API Access

Venice AI, a privacy-focused artificial intelligence platform founded by Bitcoin advocate Erik Voorhees, launched the VVV token on Ethereum’s layer-2 network, Base, on January 27. The coin is designed to integrate blockchain technology with generative AI to leverage both their advantages.

According to DexScreener data, VVV reached a fully diluted valuation of $1 billion within two hours of its launch. The project then announced in a January 27 post on X that users who purchase and stake the token will receive free ongoing inference access to its API for private and uncensored generative text, images, and code.

It has also opened its API to AI agents, developers, and third-party applications, supporting AI models, including DeepSeek R-1.

The coin’s launch was accompanied by an airdrop of 50% of the total VVV supply (100 million tokens). Of this, 25% was distributed to Venice users, while another 25% was shared among AI community protocols, including Virtual, LUNA, and AIXBT.

The company added that there was no external investor presale and no governance mechanism existed. Since its launch in May, it has accumulated over 400,000 registered users and processes 15,000 inference requests per hour.

More Trending Coins

Other trending tokens identified by Santiment include TOSHI, BTC, XRP, SWFTC, and TON. Toshi is a meme coin linked to Coinbase and the Base ecosystem and is being compared to Dogecoin (DOGE) and Shiba Inu (SHIB), with users also noting concerns about volatility. However, according to Santiment, the feeling towards it is mostly positive.

Bitcoin remains a topic of conversation because of its investment potential and role as a store of value. There have also been talks of market volatility and comparisons with other digital assets like XRP, with BTC maximalists decrying the potential inclusion of such tokens in a proposed national digital assets reserve.

On the other hand, the community is talking about XRP’s long-term value, Ripple’s legal battle with the Securities and Exchange Commission (SEC), and the cryptocurrency’s usefulness in traditional finance, especially following its acquisition of money transmitter licenses in New York and Texas.

SWFTC is also trending due to its increased trading activity on Coinbase. Discussions on the token are centered on recent price fluctuations and potential rebounds. Finally, TON is in the spotlight due to its integration with Telegram, where users are discussing upcoming updates, ecosystem growth, and airdrop promotions.