So far there are no prerequisites for an increase in the value of $VENOM. There are no loud announcements about partnerships, all partnerships are only between ecosystem projects. Only a small volume of tokens entered circulation and all of them are actually circulating on the AMM/MM exchanges on which the listing took place. On Thursday the picture will become a little clearer; hope so.
The price of the coin will strongly depend on how many coins will be unlocked for the testnet participants. I do not know if the tokenomics of the project has been changed, but previously, only 10% of the accrued reward should have been unlocked for the testnet participants. But if the team unlocks the reward completely, then a dump will definitely follow.
The tokenomics that recently appeared on the network looks extremely strange and I have not seen any official confirmation of it. Everything will depend on the number of tokens that will be “drawn” tomorrow. I previously mentioned a thousands coins, but then there was an airdrop for the last task with OKX and it was only ~30 tokens. If we take into account this figure and the possible vesting for testers, it is unlikely that this will greatly affect the cost of $VENOM. In addition, individual projects of the Venom ecosystem will distribute airdrops in their tokens, and not in $VENOM.