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Venice Token rises 6% amid strong EU launch and growing user base, testing $25 resistance level.

Market News
21 Oct 2026
AMBCrypto
View Source
Bullish
Venice Token rises 6% amid strong EU launch and growing user base, testing $25 resistance level.

Venice Token (VVV) gained about 6% in 24 hours, extending weekly gains beyond 11%, driven by the launch of the Venice Token ETP (VENC) on the SIX Swiss exchange with $1.45 million AUM on day one. Despite more tokens entering circulation than burned, the token's user base hit 5 million and API calls surged 400% since July, indicating strong platform adoption. Price-wise, VVV bulls tested the $25 resistance but struggled to hold above it, facing a supply zone at $30 that limits further upside. Holding $25 support could boost bullish momentum, but another rejection may weaken the recovery despite positive adoption trends.

Venice Token (VVV) is trading at Rp493.016 on Pluang as of Oct 22, 2026 05:21 WIB, showing a 6.59% increase in the last 24 hours. The token's market cap stands at Rp24,27 trillion, reflecting significant investor interest. Despite a majority of sell orders at 69%, the typical hold time remains 6 days, indicating steady engagement from traders.

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Monero, Venice Token, and PHALA rise as Bitcoin and Ether fall, showing mixed crypto market trends.

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Over the week ending Oct. 21, Monero (XMR), Venice Token (VVV), and PHALA (PHA) saw price gains while Bitcoin (BTC) and Ether (ETH) declined, indicating a split in the crypto market. XMR traded near $598, VVV rose about 12% to $25.70, and PHA increas...

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