Venice Token (VVV) Skyrockets: DeepSeek Integration Fuels 44% Surge

Venice token VVV, the native token of Venice AI, among many associated within the rising sectors, such as artificial intelligence (AI), have demonstrated remarkable resilience despite the tragic downturn witnessed in the cryptocurrency market recently.

Furthermore, this private, censorship-resistant, generative AI platform, powered by decentralized infrastructure, has periodically experienced a significant price surge of over 44% in the last 24 hour.

What is Driving VVV Price Surge?

The recent 44% rally in VVV’s price can be attributed to a crucial development within the Venice application programming interface (API). The Venice.ai team announced the integration of DeepSeek R1 671B, a powerful AI model, making it accessible via the Venice API at no cost to users who have staked VVV tokens.

Furthermore, the integration represents a significant achievement, as Venice.ai is currently the only platform offering private access to DeepSeek 671B without requiring users to run the model on their own hardware.

The privacy afforded by this integration is a key differentiator. Unlike many centralized AI platforms, the Venice API does not store user prompts or responses, ensuring user data remains shielded from technology companies and governments.

This commitment to user privacy is a crucial factor contributing to VVV’s price increase, reflecting a growing market demand for secure and transparent AI solutions. As Venice.ai stated in their announcement, the launch of DeepSeek has “significantly disrupted the AI market,” highlighting the platform’s efficiency and accessibility.

VVV uniquely bridges decentralized blockchain technology and generative AI. It empowers autonomous agents and developers to access private, uncensored AI inference without reliance on intermediaries, thereby reducing costs and streamlining the development process.

Staking VVV grants users access to Venice.ai’s inference capacity through the API, proportionally to the amount staked. This mechanism provides users with access to data not constrained by the biases and censorship often associated with centralized, closed-source AI platforms. Crucially, API access requires staking, but the platform’s transaction fees don’t require VVV.

Venice Token (VVV) Background

Erick Voorhees and Teana Baker-Taylor created Venice AI. Venice.ai boasts impressive user engagement metrics, currently supporting over 450,000 registered users and at least 50,000 daily active users, processing over 15,000 inference requests per hour.

Furthermore, Venice AI is a private, uncensored alternative to popular AI apps. It launched its own token, Venice Token (VVV), built on Ethereum’s Base layer-2 network, the cryptocurrency market quickly embraced this token.

Venice Token officially launched January 27, 2025, and reached a fully diluted valuation (FDV) exceeding $1 billion within two hours. Its current FDV stands at $1,644,752,372, a 44.5% increase over the last 24 hours.

Furthermore, VVV’s market cap reached approximately $390,336,994 on January 28. Today, it sits at $338,704,512, a 13.22% decrease from its peak. However, VVV boasts strong 24-hour trading volume at $487,723,885.

Venice AI uses open-source AI technology, providing uncensored, unbiased machine intelligence. Its strong emphasis on user privacy attracted over 400,000 registered users. Venice currently processes approximately 15,000 inference requests hourly, demonstrating its growing popularity.

DeepSeek, an AI project disrupting the US AI market with its low-GPU, cost-effective AI model, also draws attention from the crypto community. However, DeepSeek’s data handling, especially its Chinese connections, raised concerns.

Voorhees reassured the public that accessing DeepSeek R-1 through Venice eliminates data theft risks. Venice’s robust privacy measures protect user information. The Venice Token launch showcases the merging cryptocurrency and AI worlds driving innovation.

Venice AI (VVV) Price Action

Venice AI token VVV boasts a total supply of 100.48 million tokens, with 25.48 million currently in circulation. A significant portion of the total supply (almost half) has been allocated to Venice users and projects within the crypto AI community.

At the time of writing, VVV held a market capitalization exceeding $135 million, with a token price of $5.70, representing a 40% increase within a 24-hour period, according to Coingecko data. While a slight correction following a measurable decrease of 74.38% since its inception with an initial price spike, nonetheless, the overall trend reflects strong market confidence.