Three New Cryptos – Venice Token (VVV), jelly-my-jelly (JELLYJELLY), and Pumpkin Fun (PKIN) – Have Gained Attention This Week

VVV, launched by ShapeShift founder Erik Voorhees, powers a privacy-focused AI assistant and has over 43,000 holders.

Three new cryptos, Venice Token (VVV), jelly-my-jelly (JELLYJELLY), and Pumpkin Fun (PKIN), have seen increased attention this week.

VVV, launched by ShapeShift founder Erik Voorhees, powers a privacy-focused AI assistant and has over 43,000 holders. Meanwhile, JELLYJELLY, created by Venmo co-founder Iqram Magdon-Ismail, is tied to a new social media app and reached a $74 million market cap in under two days.

Finally, PKIN, the native token of the Pumpkin Fun launchpad, is seeing rapid adoption, with over 53,000 daily transactions and strong demand for Solana-based meme coin launches.

Let's take a closer look at each of these new cryptos and their recent performance.

Venice Token (VVV)

VVV is the native token of Venice AI, an artificial intelligence assistant that prioritizes privacy and uncensored interactions. It was created by Erik Voorhees, the founder of ShapeShift, a well-known decentralized finance (DeFi) platform.

Initially, VVV was airdropped to early users of Venice AI. Later, it became available on the Base chain, making it one of the largest new cryptos to be launched on Base recently.

While the price of VVV saw an initial surge, it has since dropped significantly. At the time of writing, the token is trading at around $3.9, down from its all-time high of over $12.

Despite this decline, the token still has over 43,000 holders and a market cap of around $167 million.

The relative strength index (RSI) for VVV is currently at 35.6, indicating that it's approaching oversold territory. An RSI below 30 is generally considered oversold, which could mean a reversal is on the horizon if buyers step in.

However, if selling pressure continues, Venice Token could see further declines before stabilizing.

jelly-my-jelly (JELLYJELLY)

JELLYJELLY is the native coin of the Jelly-Jelly app, a social platform that's introducing a new "conversational" media format for recording, editing, and sharing.

The app was launched by Iqram Magdon-Ismail, the co-founder of Venmo, first on Pumpfun before "graduating" to Raydium.

In less than two days, JELLYJELLY gained over 47,000 holders, with a daily volume of $753,000 and 3,100 transactions. Its market cap is already close to $77 million, showing strong initial interest despite relatively low transaction activity.

While still a new coin, its connection to Venmo's co-founder could attract more users and investors over time. Additionally, the fact that JELLYJELLY is tied to a real product also strengthens its potential, as projects with actual utility often sustain long-term interest better than purely speculative tokens.

PUMPKIN (PKIN)

Pumpkin Fun is a new Solana-based launchpad for new cryptos that aims to compete with PumpFun.

To attract new projects, the platform offers features like ultra-fast coin launches, live streaming, rewards unlocking, and on-platform staking.

The platform has quickly gained traction, reaching nearly 17,500 holders with a market cap of $26.7 million.

With over 53,000 daily transactions, engagement on Pumpkin Fun is already strong, signaling a growing interest in its ecosystem.

The RSI for Pumpkin Fun is currently at 65, indicating that it's approaching overbought territory but still has room to run if the momentum continues.

If the platform can successfully attract meme coin launches at scale, demand for PKIN could push its price even higher in the coming weeks.