Here we go again. A hot new artificial intelligence (AI) crypto — Venice (VVV +1.88%) — has seemingly appeared out of nowhere, and is absolutely on fire right now. It’s up 460% for the year, and now ranks among the top 100 cryptocurrencies in the world with a market cap of $430 million at the time of this writing.

For crypto investors, Venice has become the hottest new way to play the AI investment thesis in 2026. But does this crypto have any realistic chance to become a millionaire-maker over the long haul?

Venice is a highly volatile AI crypto

Venice, the crypto token for Venice AI (a privacy-focused uncensored AI platform for chat, image generation, and code creation), soared to stratospheric heights as soon as it started trading…