Venice Token (VVV) has experienced a dramatic 20.5% price collapse in the past 24 hours, dropping to $5.92 as of March 4, 2026, according to live market data.
The sharp decline erased $62.5 million from Venice Token’s market capitalization, which now stands at $263.5 million. The token, currently ranked #149 by market cap, saw its price fall from a 24-hour high of $7.45 to a low of $5.81 during the selloff.
Trading Volume Surges Amid Volatility
Trading activity intensified significantly during the downturn, with 24-hour volume reaching $47.4 million. This represents approximately 18% of the token’s total market capitalization, indicating heightened selling pressure and market participation.
The price action marks a continued retreat from Venice Token’s all-time high of $22.58, reached on January 28, 2025. VVV is now trading 73.5% below that peak, though it remains 549.8% above its all-time low of $0.91975 recorded in December 2025.
Recent Performance Context
Despite today’s sharp decline, Venice Token has demonstrated significant volatility in recent weeks. The token is up 62.6% over the past 7 days and has gained 171.5% over the past 30 days, suggesting the current pullback may represent profit-taking after a strong rally.
The token also declined 1.7% in the past hour, indicating that selling pressure continues in the immediate term.
Market Metrics
Venice Token’s circulating supply stands at 44.4 million tokens out of a total supply of 78.9 million, giving it a fully diluted valuation of $467.8 million. The significant gap between market cap and fully diluted valuation suggests that additional token unlocks could impact future price dynamics.
What This Means for Traders
The 20.5% single-day decline represents one of the most significant pullbacks for Venice Token in recent months. Traders should monitor key support levels around $5.81, which marked today’s low. The elevated trading volume suggests active market participation, which could lead to increased volatility in the near term.
The recent 30-day gain of 171.5% provides context for the current selloff, as early investors may be realizing profits following the substantial rally. Market participants should exercise caution and implement appropriate risk management strategies given the heightened volatility.
This is a developing story. Market data current as of March 4, 2026, 00:37 UTC.
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About the Author: Ananya Melhotra
