Three new cryptos, Venice Token (VVV), jelly-my-jelly (JELLYJELLY), and Pumpkin Enjoyable (PKIN), have gained consideration this week. VVV, launched by ShapeShift founder Erik Voorhees, powers a privacy-focused AI assistant and has over 43,000 holders.
JELLYJELLY, created by Venmo co-founder Iqram Magdon-Ismail, is tied to a brand new social media app and reached a $74 million market cap in below two days. PKIN, the native token of the Pumpkin Enjoyable launchpad, is seeing speedy adoption, with over 53,000 day by day transactions and powerful demand for Solana-based meme coin launches.
Venice Token (VVV)
VVV is the native token of Venice AI, a synthetic intelligence assistant targeted on privateness and uncensored interactions. It was created by Erik Voorhees, the founding father of ShapeShift, a well known DeFi platform.
Initially airdropped to early customers, VVV is now accessible on the Base chain, and it was amongst Base’s largest new cryptos launched lately. Whereas its value noticed an preliminary surge, it has since dropped considerably. Regardless of this decline, the token has over 43,000 holders and a market cap of round $167 million.
VVV’s RSI is presently at 35.6, indicating that it’s approaching oversold territory. An RSI under 30 is mostly seen as oversold, that means a reversal could possibly be close to if consumers step in. Nevertheless, if promoting stress continues, Venice Token might see additional declines earlier than stabilizing.
jelly-my-jelly (JELLYJELLY)
JELLYJELLY is the native coin of the Jelly-Jelly app, a social platform introducing a brand new “conversational” media format for recording, enhancing, and sharing. It was launched by Iqram Magdon-Ismail, the co-founder of Venmo, first on Pumpfun earlier than graduating to Raydium.
In lower than two days, JELLYJELLY gained over 47,000 holders, with a day by day quantity of $753,000 and three,100 transactions. Its market cap is already near $77 million, exhibiting robust preliminary curiosity regardless of comparatively low transaction exercise.
Whereas nonetheless a brand new coin, its connection to Venmo’s co-founder might appeal to extra customers and buyers over time. The truth that JELLYJELLY is tied to an actual product additionally strengthens its potential, as initiatives with precise utility usually maintain long-term curiosity higher than purely speculative tokens.
PUMPKIN (PKIN)
Pumpkin Enjoyable is a newly launched Solana-based launchpad for brand new cryptos that goals to compete with PumpFun. To draw new initiatives, it gives options like ultra-fast coin launches, reside streaming, rewards unlocking, and on-platform staking.
The platform has rapidly gained traction, reaching practically 17,500 holders with a market cap of $26.7 million. With over 53,000 day by day transactions, engagement on Pumpkin Enjoyable is already robust, signaling a rising curiosity in its ecosystem.
Pumpkin Enjoyable’s RSI is presently at 65, indicating that it’s approaching overbought territory however nonetheless has room to run if the momentum continues. If the platform can efficiently appeal to meme coin launches at scale, demand for PKIN might push its value even larger within the coming weeks.
Disclaimer
In keeping with the Belief Undertaking pointers, this value evaluation article is for informational functions solely and shouldn’t be thought-about monetary or funding recommendation. BeInCrypto is dedicated to correct, unbiased reporting, however market circumstances are topic to vary with out discover. At all times conduct your personal analysis and seek the advice of with knowledgeable earlier than making any monetary choices. Please word that our Phrases and Situations, Privateness Coverage, and Disclaimers have been up to date.