The decentralized artificial intelligence protocol is up 350% from its November low.
Venice AI, an agentic artificial intelligence (AI) protocol created by Erik Voorhees, the founder and CEO of ShapeShift, has led the altcoin market over the past week.
Venice AI’s VVV token is up 135% over the last week, and 14% today to $4.28, or a $336 million fully diluted valuation (FDV), a 375% jump off its November low of $0.9.
Venice utilizes a dual-token system following the DIEM token launch in September, which provides DIEM stakers with free access to Venice AI models. DIEM reached an all-time high of $672 over the weekend, and currently changes hands at $586, a 200% increase from its launch price.
The token was launched during the peak of AI agent mania in January 2025, and traded as high as $9 within a week. However, VVV fell alongside the rest of the low-cap altcoin and AI agent market following the LIBRA token scam in February.
A year later, VVV is trading at its highest level since August 2025, with the protocol’s metrics hitting all-time highs. Voorhees posted on X that Venice is processing more than 45 billion large language model (LLM) tokens per day – double what he reported on Feb 4.
