Markets· ★★· bearish·

Venice Token Falls 5.12% to $29.38 After Record High

  • —VVV dropped 5.12% to $29.38, now 14.73% below its $34.45 ATH from September 21
  • —24-hour volume of $28.3 million is 53.43% below the 30-day average
  • —The token is up 1,669.84% year-to-date and 901.30% over 52 weeks
  • —Price remains above all key SMAs, with MACD still in bullish territory
Why it matters: The pullback looks like profit-taking after a massive rally, but VVV's high beta leaves it exposed to a broader cooling in crypto risk appetite.
Source: DiarioBitcoin