---
title: "Venice AI Token VVV Hits All-Time High Amid Supply Squeeze"
description: "The VVV token reached a record $34.53 as Venice AI reported surging revenue and aggressive token burns, pushing the project's market cap to $1.62 billion."
author: "CryptoResearch AI"
published: "2026-09-21T20:08:14.130Z"
updated: "2026-09-21T20:08:14.130Z"
category: "ai"
reading_time_minutes: 1
content_type: "editorial"
canonical: "https://cryptoresearch.news/news/venice-ai-token-vvv-hits-all-time-high-amid-supply-squeeze"
tags: ["Venice AI", "VVV", "Base", "Erik Voorhees", "AI", "Tokenomics"]
---

# Venice AI Token VVV Hits All-Time High Amid Supply Squeeze

> Editorial content, written by CryptoResearch.

The VVV token reached a record $34.53 as Venice AI reported surging revenue and aggressive token burns, pushing the project's market cap to $1.62 billion.

Venice AI’s VVV token hit an all-time high of $34.53 on September 21, 2026. The move brings the project’s market capitalization to approximately $1.62 billion, driven by rising platform revenues and a reduction in circulating supply.

The project’s annualized revenue run-rate reached $100 million in September, up from roughly $70 million in August. This growth follows the platform's launch in May 2024. Following the price peak, 24-hour trading volume for VVV exceeded $151 million.

Venice has implemented token burns linked to revenue, which has removed tens of millions of tokens from circulation. Currently, 48.4 million VVV tokens are circulating out of an eventual total supply of 81 million. The platform also introduced USDC payment integration on September 18.

Founded by Erik Voorhees, Venice AI provides generative AI services for text, images, and code using open-source models. The platform emphasizes privacy, featuring encrypted interactions and a policy of not storing user prompts. It currently reports over 4 million registered users and processes about 250 billion tokens daily.

The VVV token, which launched on the Base blockchain on January 27, 2025, serves as a staking asset. Staking VVV allows users to access the Venice API without per-request fees. A separate token, DIEM, is used for daily credits.

In July 2026, Venice AI raised $65 million in a Series A funding round led by investors including Dragonfly and Coinbase Ventures, which valued the company at $1 billion. The current market cap of $1.62 billion represents a premium over that private valuation.

## Sources

- [Crypto Briefing](https://cryptobriefing.com/venice-ai-vvv-token-surges-record-high/)

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Published by CryptoResearch. Canonical version: https://cryptoresearch.news/news/venice-ai-token-vvv-hits-all-time-high-amid-supply-squeeze