Altcoin
Will Binance Listing Help VVV Price Recovery?
Venice AI token (VVV) is facing massive selling pressure a day after its launch crashing more than 40% today. The VVV airdrop triggered a massive buzz in the market while achieving a fully diluted valuation of over $1.0 billion within hours of launch. After its drop from $18, the VVV price is currently trading at $10.69 with its daily trading volume surging 114% to $136.1 million. Moreover, crypto exchange Binance announced the launch of VVVUSDT futures trading contracts on the exchange.
Venice AI Token Grabs the Limelight
The recent launch of the Venice AI token has sparked significant interest. The rapid growth of VVV’s market cap, listings on multiple exchanges, and upcoming airdrop announcements have drawn attention from both investors and traders.
Venice AI has emerged as a privacy-focused AI platform, developed by Bitcoin advocate Eric Voorhees. DeepSeek has faced criticism due to concerns that its model collects user data and sends it to China. However, Voorhees stated that “When you use DeepSeek through the Venice AI app, none of it is going anywhere”.
Yesterday, the Venice AI token airdrop distributed 50% of the VVV token supply while rewarding early platform adopters of the AI community protocol. Earlier this week, the platform developers stated that those who purchase and stake VVV will gain free, ongoing access to its API for private and uncensored generative text, images, and code, while utilizing AI models such as the newly launched DeepSeek R-1.
Binance Lists VVV Futures
Binance Futures is expanding its range of trading options by launching the VVVUSDT Perpetual Contract on January 29, 2025. The new contract will offer up to 25x leverage, providing users with greater trading flexibility.
At launch, the maximum funding rate for the VVVUSDT perpetual contract will be +2.00% / -2.00%. Additionally, Binance will offer Multi-Assets Mode, allowing users to trade the contract using multiple margin assets, including BTC. However, this will be subject to applicable haircuts.
Will VVV Price Recover From Here?
Amid the broader crypto market selloff today, the VVV price came crashing down by 40% and is currently trading just above $10. Similarly, the fairly diluted valuation (FDV) has crashed from $1.65 billion to $1.02 billion as of now.
Crypto analyst Bitecorn suggests that recent VVV price action is being driven by market makers intentionally pushing prices lower. According to Bitecorn, three distinct descending channels indicate accumulation before a potential upward breakout that could liquidate shorts and invalidate artificial bearish patterns.
“I’m confident in this setup and holding spot positions, expecting a significant move higher eventually,” the analyst stated, emphasizing their long-term bullish outlook for Venice AI token despite current price suppression.
Bhushan Akolkar
Bhushan is a FinTech enthusiast with a keen understanding of financial markets. His interest in economics and finance has led him to focus on emerging Blockchain technology and cryptocurrency markets. He is committed to continuous learning and stays motivated by sharing the knowledge he acquires. In his free time, Bhushan enjoys reading thriller fiction novels and occasionally explores his culinary skills.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
Crypto Prices Today (April 4): The broader market sentiment remains uncertain this Friday as Bitcoin (BTC) price held around the previous day’s levels, at $83K. Moving on to other metrics, the global cryptocurrency market cap jumped slightly by 0.20% to $2.6 trillion. The fear and greed index stood at 25, signaling a cautious sentiment in the market at the moment.
Major league altcoins like Ethereum (ETH) and Solana (SOL) also retained a trading session near the previous day’s levels in the interim. However, Cosmos (ATOM) and Filecoin (FIL) surfaced as the day’s top gainers by defying the broader trends.
Crypto Prices Today: BTC At $83K, Altcoins Resilient
Despite the broader market turmoil caused by Donald Trump’s announcement of reciprocal tariffs, crypto prices today have showcased resilience by preventing major downturns. After slipping to as low as the $81K mark, BTC price regained a hold above $84K today. ETH also faced heightened turbulence, although it maintained a hold above $1,800.
Conversely, ATOM and FIL tokens have defied the broader market trend to secure a spot among the day’s top gainers.
BTC Price Sits At $84K
At the time of reporting, the flagship crypto’s price chart indicated a roughly 1% increase in value and closed in at $84,211. Its market dominance was up by 0.09% intraday, reaching 62.01%. Notably, BTC has outperformed major league altcoins, as indicated by its market dominance.
Coinglass data further signaled rising market interest in the asset. Bitcoin futures OI jumped roughly 4% over the past day, reaching $54.61 billion.
Nevertheless, traders and investors reflect an uncertain stance over future price prospects as Trump’s tariffs have rattled broader markets globally. CoinGape previously reported that BTC is expected to mimic stock market actions amid global trade war tensions.
All eyes are now set on the next U.S. Fed meeting, as it could pave the way for a market sentiment shift.
ETH Price At $1,800
ETH price traded at $1,820 after recovering from $1,751 over the past day. The second-largest crypto by market cap boasted an evaluation of $220.35 billion.
Ethereum’s futures OI shot up by 3.5% to reach $20.68 billion, per the latest Coinglass data. This statistic indicated that the coin’s derivatives market is seeing heightened activity. Another buzzworthy update for Ethereum is that the Pectra upgrade is set to go live on May 7 next month.
XRP Price Jumps 2% & Defies Crypto Market Trend
Ripple’s coin XRP managed to gain over 2% despite the broader crypto market turmoil to reach $2.08. Its 24-hour bottom and peak were recorded as $1.97 and $2.10, respectively.
The latest buzz within the Ripple community remains Coinbase’s XRP futures listing. Notably, CoinGape reported that the crypto exchange behemoth filed an application with the CFTC for this listing.
On the other hand, the U.S. SEC’s recent closed-door meeting solidified the chances of an imminent settlement of the Ripple lawsuit.
SOL Price Today
Solana price hovered around the previous day’s levels and is trading at $119.27. Its 24-hour low and high were registered as $112.48 and $119.13 in the past 24 hours.
Intriguingly, Coinglass data revealed a 3% surge in Solana’s futures OI to $4.84 billion, underscoring burgeoning trading activity in the derivatives market. Solana’s market cap jumped nearly 1% from yesterday to $61.44 billion.
Recently, the U.S. SEC made a favorable approach toward crypto by acknowledging Fidelity’s SOL ETF filing.
Let’s take a look at the market’s leading gainers for the day.
Crypto Prices Today: Top Gainer
Cosmos (ATOM)
Price: $4.83
24-Hour Gains: +9%
ATOM’s price surged alongside a new trade offering unveiled by eToro recently. The social investing platform launched staking options for the crypto, paving the way for investor interaction with assets.
Filecoin (FIL)
Price: $2.95
24-Hour Gains: +8%
FIL price soars against the backdrop of its recent listing on S. Korean crypto exchange Upbit.
Pendle (PENDLE)
Price: $3.14
24-Hour Gains: +8%
PENDLE price soars alongside heightened whale accumulations, as reported by CoinGape recently.
Crypto Prices Today: Top Loser
Pi Network (PI)
Price: $0.5477
24-Hour Loss: -13%
Berachain (BERA)
Price: $5.81
24-Hour Loss: -10%
Toncoin (TON)
Price: $3.52
24-Hour Loss: -7%
Overall, the broader market sentiment remains uncertain amid macroeconomic heat. Crypto market traders and investors eagerly await major price action shifts.
Coingape Staff
CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
Pi Network’s native cryptocurrency Pi Coin price is down by another 15% today, slipping all the way to $0.55 and another 60% surge in daily trading volumes to $477 million. With this, the PI cryptocurrency has extended its weekly losses to more than 33% as investors are losing hope of any recovery to $1. As a result, the community is now pinning hopes on a Coinbase listing for any revival.
Will Pi Network Make Way to Coinbase Anytime Soon?
Although the Pi Network listing on Binance has faced multiple delays, the community is still hopeful for a Coinbase listing. On March 14—Pi Day—Coinbase’s Chief Legal Officer, Paul Grewal, posted a tweet featuring Pi’s logo, stating, “We take Pi Day very seriously at Coinbase.”
A Coinbase listing could provide a major liquidity boost, pumping up the Pi Coin price higher to $1 and beyond. The exchange often considers community engagement when adding new assets, making Pi Network’s 60 million+ user base a strong factor in its favor.
Additionally, such a listing could significantly boost PI cryptocurrency’s adoption in both U.S. and global markets. This would be a historic milestone for the ecosystem, increasing the visibility and accessibility to millions of crypto users worldwide.
While Coinbase stirs speculation, Binance has yet to make any official comments regarding a potential $PI listing.
Pi Coin Price Drop to $0.3 Coming?
As the Pi Coin price continues to lose crucial support levels, analysts are turning pessimistic about it moving ahead. Crypto analyst Moon JEFF has projected that Pi Network price could drop to $0.30 if exchange deposits continue at their current rate.
More than 375 million PI tokens have already moved to exchanges. Moon JEFF notes that with total supply reaching 500 million $PI, the token’s price could stabilize around $0.30. This is similar to our Pi Coin price prediction, which shows that altcoin to trade under $0.40 for the month of April.
A Major Challenge for the Core Team
The Pi Community backlash is growing stronger with every passing day as the altcoin selling pressure increases. Popular community member Dr Altcoin stated: “Pi’s price has been in free fall, hovering around $0.5. If this was the end goal, why did the Pi community wait six years? Pi could have easily reached this value if it had launched in 2022”.
He further stated that major cryptocurrency exchanges are unlikely to list PI crypto unless the Pi Core Team (PCT) provides full transparency regarding its tokenomics. The two major challenges as highlighted by Dr Altcoin, are:
- At current low prices, Pi holders may struggle to engage with decentralized applications (DApps) within the Pi ecosystem.
- If these challenges persist, a significant portion of Pi users could sell off their holdings and migrate to other crypto projects.
The analyst added that the only viable path forward for the Pi Core Team, without relying on major exchange listings, is to burn billions of Pi coins from the Pi Foundation wallets.
Bhushan Akolkar
Bhushan is a FinTech enthusiast with a keen understanding of financial markets. His interest in economics and finance has led him to focus on emerging Blockchain technology and cryptocurrency markets. He is committed to continuous learning and stays motivated by sharing the knowledge he acquires. In his free time, Bhushan enjoys reading thriller fiction novels and occasionally explores his culinary skills.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
Solana price has extended weekly losses to 14% amid heightened selling pressure for the cryptocurrency. Whale data on Friday revealed that roughly $46M worth of SOL was unstaked and offloaded to exchanges in recent days. The outcome? Crypto market traders and investors are speculating if a recovery is even possible ahead as the broader market faces turmoil amid Trump’s reciprocal tariff announcement.
Solana Price Takes Bearish Turn Amid Rising Whale Dumps, What’s Happening?
As of press time, Solana price traded at $115.91, down slightly over 3% in the past 24 hours. The weekly chart for the crypto showcases a 14% decline, further accompanied by a monthly drop of over 18%. This waning action falls in line with the recent broader market trends and heightened selling pressure for the cryptocurrency.
Data from the tracker Lookonchain suggested that crypto whales are on a SOL dumping spree in tandem with the coin’s slumping action. Notably, 4 wallet addresses collectively unstaked and offloaded $46 million worth of coins in the past 24 hours, per whale data.
Here Are The Addresses & Amounts of SOL Dumped
- ‘HUJBzd’ – $30.3 million worth of coins.
- ‘BnwZvG’ – $9.47 million worth of coins.
- ‘8rWuQ5’ – $3.53 million worth of coins.
- 2UhUo1′ – $3 million worth of coins.
For context, usual market sentiments reflect bearishness in light of such massive dumps as the selling pressure for a crypto increases. Solana’s waning price action has contributed to investors’ cautious outlook toward the coin amid negative market dynamics.
SOL Price Faces Pressure Amid Broader Trends
It’s worth pointing out that SOL is currently facing immense heat due to broader macro trends presenting risk assets with uncertainty. CoinGape recently reported that Bitcoin price saw an offsetting movement with Donald Trump’s reciprocal tariffs commencement. In turn, even the altcoin market mimicked a bearish movement lately.
Another report revealed that BTC price is expected to follow the stock market action in light of the new reciprocal tariffs. Matrixport strongly asserted that the broader crypto market could potentially sustain volatility in the short run as BTC price is expected to mimic stock market movements.
Analyst Forecasts Bullish Outlook Despite Downtrend
However, a crypto market analyst named ‘Brandon Hong’ has conversely highlighted a bullish outlook for Solana price regardless of the broader turmoil. The analyst recently posted on X, stating, “SOL is about to have its biggest breakout ever.”
This bullish anticipation rides the back of the coin about to break its 400-day range. “Buy now or regret later,” the analyst concluded, sparking contrary speculations. Crypto market participants continue to extensively eye the token for price action shifts amid uncertain dynamics.
Coingape Staff
CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
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