AI Token VVV Surges Past Bitcoin After Venice Crosses $100M Annualized Revenue

VVV token has surpassed Bitcoin in price after Venice's AI platform announced it crossed $100 million in annualized revenue. The company also rolled out a new Doodle feature that allows users to turn freehand sketches into generated images.

The VVV token price jumped over 20% to around $14.50 on Tuesday, while Bitcoin's price rose about 1%, staying above the $64,000 mark. This comes as crypto analyst Michaël van de Poppe thinks a sustained Bitcoin rebound could revive interest in altcoins.

VVV's market cap now stands at approximately $688 million, roughly seven times its annualized revenue run rate. Venice has gained 784% year-to-date, while Bitcoin's price has dropped about 26%. Crypto commentator Hustlepedia views VVV as a 'superior AI play' in the current crypto landscape.