A crypto trader, the price of Venice AI token increased by 2000 percent, while record profit. Trader, who invests early, sold at the summit before the price of artificial intelligence coin fell. According to analysts, a leap from the current level will result in a sharp rise of the VVV price.
Trader made a profit of $ 3 million with this artificial intelligence Coin!
VVV is the local token of Venice, an artificial intelligence crypto platform, which is very popular among crypto enthusiasts. After a great expectation, Token entered the market with a large Venice AI Token Airdrop and Rally. In this process, it provided high gains to early investors. One of these investors is this crypto trader, which has made a profit of over $ 3,16 million by converting its investment of 115 thousand dollars to $ 3.32 million.
On-Chain Analytical Platform announced that the trader purchased 414,845 VVV with an average price of 0.37 dollars. Trader performed this on January 28th and spent 48,6eth ($ 115 thousand) to buy these tokens. Within a few hours, the price of Venice AI Token rose and the value of the holding increased. However, Trader did not prefer to hold it to the end. Trader won a significant portion of the tokens with the summit and earned $ 3.16 million. Trader sold its hands for an average price of $ 8. However, the price of artificial intelligence coin reached up to $ 19.38. For this reason, the price of the VVV increased by 2000 %would be even higher. However, the increase did not last long and token saw a harsh decline today.
Bears seized VVV Token, what’s next?
The price of Venice AI token entered a decline orbit after reaching an ACT of 19.38 dollars. Artificial Intelligence Coin decreased by 45 % in this process. Currently, with a market value of 261.78 million dollars, it is traded at $ 10.21. Although the price has fallen, the transaction volume shows an increase of 90 %to $ 131.8 million and shows that the interest rate is high. In addition, things will probably change by listing the Binance list of the vvvusdt contract. Such crypto exchange lists often create feelings of rise by increasing the demand between investors.
Crypto analyst Poja Khardia evaluates the technical appearance of VVV. The price of VVV/Weth has a decreasing trend line. This explains the ongoing downward trend. However, the price entered the demand zone of $ 7.23 and $ 9.74, which acts as a potential purchasing zone explaining the high transaction volume. As a result, this trend can push the pedestrian intelligence coin price to 15 dollars and above for $ 22.84. However, a decrease that exceeds the demand zone can cause a continuous decrease trend.
