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CoinDesk Podcast Network

MARKETS DAILY: Crypto Update | Why Did Venice AI's VVV Token Plummet?

CoinDesk Podcast Network

CoinDesk

Business News, Daily News, News, Tech News

4.7698 Ratings

🗓️ 29 January 2025

⏱️ 6 minutes

🧾️ Download transcript

Summary

The latest price moves and insights with Jennifer Sanasie. To get the show every day, follow the podcast here. Newly launched Venice AI's VVV token nosedived after insider trading allegations led to a drop in early sentiment for the product. How will this impact the project moving forward? CoinDesk's Jennifer Sanasie weighs in. This content should not be construed or relied upon as investment advice. It is for entertainment and general information purposes. - From our sponsor:  In Chinese, belief means trust. For 10 years, Consensus has united those who believe in building a new internet where everyone has value. Join us at Consensus Hong Kong February 18 - 20, 2025 where belief becomes real. Connect with global leaders, innovators, and investors shaping the future of Web3, and experience the power of collaboration at the industry's most influential event. Register now: https://go.coindesk.com/3BeigBq - This episode was hosted by Jennifer Sanasie. “Markets Daily” is produced by Jennifer Sanasie and edited by Victor Chen. All original music by Doc Blust and Colin Mealey. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

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0:52.8

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In Chinese, belief also means trust.

1:02.3

We want to trust our systems and each other, so we can build a future beyond what we know.

1:07.9

Join us at Consensus Hong Kong, belief becomes real. Hello and welcome to

1:13.2

Markets Daily hosted by me, Jen Sanassi. On this show, we navigate the currents shaping the

1:18.5

crypto markets, providing insights against the broader financial landscape. So whether you're

1:23.3

actively trading or you're just fascinated in the crypto markets. This show is your compass to

1:27.9

understanding what's happened where we are and where we're going. Today, we're taking a look at

1:32.8

the triple V-V token, VV. We're talking about it because, well, everyone's been talking about it lately.

1:40.0

The token recently took a steep nosedive about 50% on the back of insider trading allegations.

1:47.4

Now, at the time of recording, the token was down over 30% on the day at around $9.

1:52.9

So let's take a deep dive into this project and check out what it's all about.

...

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