- Binance Futures launched a USD-Margined VVV/USDT perpetual contract.
- The recent VVV listing boosts the positive sentiment around the Venice AI token.
- Analysts expect VVV’s price to surge following Binance’s listing.
Binance Futures launched a USD-margined VVV/USDT perpetual contract with up to 25% leverage on Wednesday, January 29, 2025. According to the crypto exchange, the product’s maximum funding rate at launch is +2.00%/-2.00%, and the funding fee settlement frequency is every few hours.
The latest VVV product listing on Binance adds to the positive sentiment surrounding the Venice AI token. This comes alongside listings by other top crypto exchanges like Coinbase and KuCoin, which listed VVV shortly after launch.
Venice AI’s Successful Launch and Airdrop
Venice, an AI blockchain project, launched the VVV token on January 27 with a massive airdrop and soaring investor demand. The token’s Fully Diluted Valuation (FDV) surged significantly, rising to a billion dollar market within two hours of the launch. According to official reports, Venice AI airdropped 50% of its total token supply, amounting to 100 million VVV, making it one of the biggest crypto airdrops.
In the meantime, the recent Binance listing and other top crypto exchanges have triggered more bullish sentiment for the innovative AI crypto token. Crypto analysts project an imminent rally for VVV, given the technical chart formation on the lower time frame. For example, the VVVUSDT perpetual contract 15-minute chart on TradingView reveals the product is in a demand zone and has bounced off local support at $9.619.
Related: AI Cryptocurrency Market Hits $16.8 Billion, Surging 22%
A sustained bullish momentum could see the product break above $11.313, the first notable Fibonacci resistance level. Achieving that feat would open the way for more upside movement for the newly launched product.
Growing Interest in AI Crypto Projects
Meanwhile, it is important to recognize the growing interest in AI products in the cryptocurrency industry, following Donald Trump’s executive order that confirms the United States’ interest in pursuing technological developments in artificial intelligence.
Related: Trump’s Davos Blueprint: $500B for AI, Crypto in U.S. Focus
Trump’s pronouncements triggered awareness and notable expectations among crypto community members, especially institutional investors. That has created an environment of positivity for AI projects, with provable solutions expected to generate significant adoption.
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