Venice AI token that gives private access to DeepSeek hits $1.6B total value
Venice AI, a startup that allows private access to DeepSeek’s AI model, hit a total value of over $1 billion within hours through its newly launched token.
Venice AI, a privacy-focused artificial intelligence platform founded by Bitcoin advocate Erik Voorhees, launched a token on Ethereum layer-2 Base that notched a fully diluted value of $1 billion within under two hours after its launch.
The platform’s self-titled Venice Token (VVV) hit a fully diluted value — the value of the total supply of its tokens — of more than $1 billion just after 6 pm UTC on Jan. 27 after launching around an hour and a half earlier, DEXScreener data shows.
Its FDV is now at around $1.65 billion, with a market capitalization of $306.4 million, as 25 million tokens out of its 100 million total were released to the public. Basescan shows there are currently a little over 13,200 tokenholders.
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Author: Brayden Lindrea
