Venice Token Price Prediction: VVV Plummets 26% As Analysts Say Consider This New Meme Coin Presale For 100X Gains Potential

The Venice Token price plummeted 26% in the last 24 hours to trade at $10.36 as of 3.30 a.m. EST on trading volume that skyrocketed 98% to $132.85 million.

Venice Token is a new cryptocurrency that has only been around for about two days now, and as soon as it emerged, it saw its price surge from $13.32 to its ATH at $19.38. However, this was also around the same time when crypto prices were seeing increased volatility, resulting in a broader market correction that pushed Bitcoin and most major cryptos into the red.

The VVV price followed, as its token holders moved to prevent losses, selling their assets and causing the crypto’s value to drop to $9 late yesterday. After that, the token saw a slight recovery, and has since been fluctuating between $12 and $10. However, the project might yet see a price surge, as Binance announced earlier today that VVV is to be listed on Binance Futures.

#Binance Futures will list $VVV today at 1:45 pm IST.

How many of you hold #VVV? 👇 pic.twitter.com/OdDyYmSONl

— Wise Advice (@wiseadvicesumit) January 29, 2025

Venice Token Price Prediction

While the project has seen a volatile price movements since reaching its all-time high (ATH0, its Bollinger Bands in the last 24 hours did not see massive fluctuations. They did see narrowings and widenings, but for the most part, theses changes were relatively small.

The price, however, mostly fluctuated between the lower band and the middle line between the two bands. There were short periods of growth during which the VVV price moved to the upper band, but it would typically return to the bottom one within the following two hours.

The token’s Relative Strength Index (RSI), on the other hand, saw quite strong fluctuations. For the most part yesterday, the RSI fluctuated between the neutral value at 50 and the start of the oversold zone at 30. Then, about 9 hours prior to the time of writing, the RSI surged to the overbought zone, reaching the value of 70, but not going much further.

The last few hours have seen the indicator dip to the oversold zone, surge back up to 70, and drop to 30 once more, suggesting that the traders have been maintaining control of the VVV price the entire time, using the RSI as their main metric while buying and selling in accordance with its movements.

There were no major ventures outside of the neutral area, which suggests that the price action was not driven by hype, but instead by careful moves by the project’s token holders, which is now likely to continue for the time being.

Since the RSI is currently at the value of 30, the price could bounce back up again, as traders are expected to start buying again.

Promising Alternative To Venice Token

With the Venice Token price being quite low and volatile, investors might be better off looking for an alternative, such as Meme Index (MEMEX). This is a new project that introduces the world’s first decentralized meme coin index.

It has created four meme coin indexes — baskets of meme coins — which allow users to easily invest in a diverse, pre-prepared portfolio instead of building one on their own through individual investments. The advantage of this approach is that you can quickly invest in multiple meme coins at once and reduce the risk of losses all by buying one token.

There are four different indexes, each offering varying degrees of risk. The least risky is the Titan index, which focuses on the largest meme coins by market cap. The Moonshot index tracks meme coins that are just below the largest tokens and could potentially challenge them at any time.

Meanwhile the MidCap index holds meme coins with a market cap of between $50m and $250m, and this is where the risk starts getting high. The riskiest index offered by the project, however, is the Frenzy index, which focuses on new, experimental meme coins with high growth potential.

To invest in any of the indexes, you must first buy MEMEX, which also lets you participate in the project’s governance and pick which coins each index will track. The token sells for $0.0156557, and it is currently in ICO, making it immune to volatility.

So far, its ICO has raised over $3.1 million, with experts such as YouTuber ClayBro, who has over 135k subscribers, saying that it could be the next 10x crypto.

Buy MEMEX here before its price increases with each new stage of its presale.

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