The reason for the sharp decline of $VVV may be due to the overall cooling of AI applications.

Currently, the market's attitude towards AI concepts is becoming cautious. The performance of AI applications is difficult to realize, and there is significant pressure for valuations to return. Companies related to AI, such as Duolingo and C3.ai, have seen their stock prices plummet due to performance and expectations.

Moreover, traditional AI platforms are in fierce competition, with obvious advantages in technology and promotion, diverting users from the niche private AI application market where VVV operates. Additionally, if the cryptocurrency market is overall downward, the highly volatile VVV will also decline accordingly.

It is advisable to observe for now and see what the situation is before making plans.

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