Venice (VVV)

Everyone is watching BTC and HYPE Meanwhile, $VVV has been doing basically nothing Even with BTC swinging the market around, it has been holding this range pretty well If this is accumulation, I think the current range looks like a nice r/r as long as your stop loss is tight You definitely don't want to be the guy shorting the breakout or longing the breakdown Now look at Smart Money Shorts dropped from ~1.6M to 1.09M today, while longs barely changed at around 1.02M That's a pretty big reduction in bearish exposure without sending price lower We still don't know the direction yet, but this is one I'll be watching closely NFA DYOR https://t.co/3n75yts1Cj

Venice has been killing it in growth recently, check out the subs chart — also way more supply getting staked and locked up. Bullish as ever on $VVV.

The Meridian x402 Inference marketplace is coming along. Right now on branch we have Surplus and Antseed integrations underway. POD is already finished for now. Regarding free to use AI models. If they do not have a price, you will be able to chat with them for no charge and without connecting a wallet. But if you do wish to use something more powerful, you may connect your wallet and use this service to access robust LLMs. this includes frontier models and even some models from $VVV through the listed providers. Our system has a top-up system that allows for you to create a balance with each provider, this enables you to interact with AI models without having to sign a transaction each time. The top-up is designed to have a 1% fee, if paying with $MRDN, there will be no top-up fee for now. This is a newly added token utility to access our inference system that uses x402 to route to many inference providers.

AI tokens are one of the hardest corners of crypto to trade because most of the sector is vapourware hiding with an assyemetric narrative. The tokens separating from the pack tend to have something real underneath. $VVV is the obvious example, an actual product with millions of users, revenue buying and burning the token, emissions getting cut in stages and it printed a fresh all time high above $21 in June. $SERV on the reasoning side, $SURPLUS on inference, $NEAR pushing intents and privacy. Given where the world is heading, the sector isn't going anywhere but ai tokens are still always a risk. The skill is sifting through the BS and finding the fair tokenomics and utility matched with the perfect amount of speculation and hype.

The $VVV chart remains in a downtrend. I'm starting to be interested around $8-9 as then we'll be hitting <30 levels on RSI and other indicators start to become interesting as well. No clear trendswitch, yet, which means that we're looking for lower prices if we want to be buying this one.

Who are all my fellow $VVV holders? Need a sound off! 📣👇

There have been a number of extremely strong coins the last 6 ish months. These coins all have something in common: They weren't on anyone's radar from before, had some strong pivot or fundamentals updates, and all did ~10x+. Coins like $VVV, $SYN, $ZEC, and $BP are a few. If you want to find these types of insane runs early, it can oftentimes be difficult. Coins like SYN were especially tough, because it's an older coin and there are a lot of short squeezes on those types of coins. But the next big movers will probably not be your traditional watchlist coins like hype/LIT/those types. Those types of coins are oftentimes too big of market cap, too known, and everyone's already watching. You need to find a coin that is having a big run with some fundamentals pivot (either strong traction like VVV or total pivot like SYN). How to identify? I would look for the first +50% ish move. Again, it's hard to discern if it's just a short squeeze or legit, but finding these moves early is important. I actually saw VVV and BP fairly early but failed to fire. To be clear, these types of moves are clearly different than coins like LAB, SIREN, and all the other scams. These ones I listed are more fundamental value / legit coins obviously. Scams are played totally differently. Anyways, look for the first big move and keep a watchlist. There will be another one of these soon I'm sure.