Venice & Morpheus Tokens Surge After US Anthropic Ban

Tokens for decentralized AI projects, Venice and Morpheus, surged after the US issued restrictions on Anthropic. Here's the thing: Anthropic received a directive requiring it to limit foreign access to its Fable 5 and Mythos 5 models. This led to the company disabling both models for all clients. The Venice token, VVV, rose about 14% in 24 hours, trading at $16.37. Its daily high reached $17.66, with trading volume increasing nearly 200% to approximately $130 million. Morpheus, or MOR, gained around 21% in the same period, reaching $2.28, with a volume just under $300,000. Decentralized projects quickly used this shutdown as a promotional opportunity. Morpheus's account on X stated that decentralized AI "never looked better." Venice founder Erik Voorhees highlighted the reason they built Venice, in response to discussions about citizenship checks on AI platforms. Anthropic launched Fable 5 as the first publicly available model in the Mythos class, claiming built-in safety restrictions. The company stated it is working to overturn the decision and restore access. This event highlights the growing impact of regulatory actions on the cryptocurrency and AI markets.