Venice Token drops 25% after Q3 rally as Bitcoin's dip sparks profit-taking

Venice Token (VVV) fell 25% to $25.90 following a strong Q3 rally where it tripled from $10 to $35. The decline mirrors Bitcoin's recent drop from $87K to $82K, triggering profit-taking among VVV holders. Technical analysis suggests VVV could fall further to a key support zone around $20-$22 before potentially rebounding. The token's recovery depends on Bitcoin stabilizing above $84K and easing macroeconomic pressures, while ongoing token burns support its long-term value.

Venice Token (VVV) trades at Rp482.748 on Pluang, down 3.49% as of Sep 30, 2026 07:12 WIB, with a market cap of Rp23,59 trillion and 24-hour volume of Rp815,72 million. Despite the recent 25% drop reported, Pluang data shows a more moderate decline today. The platform's order activity favors buying at 70%, indicating ongoing investor interest even as the token faces pressure.