Hey there, meme coin enthusiasts! If you’ve been keeping an eye on the crypto space, you might have noticed some buzz around Venice Token (VVV). A recent tweet from 100xDarren has sparked interest, suggesting that this token could be on the verge of a breakout. Let’s dive into the details and see what’s driving the hype!

Why Venice Token (VVV) Is Catching Attention

According to Darren, the real excitement lies in the behavior of "smart money"—experienced investors or institutions with deep market insights. Using data from Nansen AI, a leading on-chain analytics platform, he points out some impressive stats:

• Over the last 30 days, the top 100 addresses have increased their holdings by 4%.
• Smart money has seen a whopping 93% increase in positions over the same period.
• In just the past 7 days, smart money positions jumped by 71%.
• And in the last 24 hours? A staggering 265% increase!

These figures suggest that big players are quietly stacking up on VVV, which could be a signal of an upcoming price surge. The tweet also includes a price chart showing a potential bottoming pattern, hinting that the token might be ready to wake up after a long period of stagnation.

What the Charts Tell Us

The first image in the thread shows a one-day chart from Nansen AI, highlighting VVV’s price movement. You can see a sharp drop earlier in the year, followed by a relatively flat trend. However, the recent uptick in volume (1.661M) and the accumulation by smart money could indicate that the tide is turning. For those new to crypto, a "bottoming pattern" means the price might have hit its lowest point and could start climbing soon—exciting news for investors!

Digging Deeper with On-Chain Data

The follow-up images provide a closer look at holder activity over different time frames (24 hours, 7 days, 30 days, and 300 days). The "What Are Holders Doing?" section from Hyperliquid Beta reveals that the top 100 addresses hold 73.7M tokens, with smart money making up 21.33% of the supply. The yellow line on these charts shows a steady increase in holdings, especially in the short term, reinforcing the idea that insiders are betting big on VVV.

Is This the Next Meme Coin to Watch?

Meme coins are known for their wild price swings, often driven by community hype and smart money moves. VVV’s current price sits around $3.319, with a 24-hour trading volume of $12.13M according to CoinGecko, showing a 20.70% increase in the last day. While the price hasn’t fully reflected the smart money accumulation yet, the combination of on-chain data and market trends makes it a token worth watching.

Of course, this is all speculative—Darren himself adds a "Not Financial Advice (NFA)" and "Do Your Own Research (DYOR)" disclaimer. Crypto is a risky game, and meme coins can be especially volatile. But if you’re intrigued, it might be time to dig into VVV’s project details and community on AskVenice.

Final Thoughts

The buzz around Venice Token (VVV) is heating up, thanks to smart money accumulation and some promising chart patterns. Whether it’s the next Dogecoin or Shiba Inu remains to be seen, but the data from Nansen AI and the growing interest from big players are hard to ignore. Keep an eye on this space, and let us know your thoughts in the comments! Are you jumping on the VVV train, or waiting for more signs? Head over to Meme Insider for the latest updates on meme coins and blockchain trends!