In a shocking photo, Genesis Carmona is seen in the arms of a motorbike rider who tries desperately to get her life-saving treatment.
An unidentified gunman opened fire on the crowd in the Venezulean city of Valencia, hitting Miss Carmona.
But despite the motorbike rider's best efforts to get help for the 22-year-old, doctors were unable to save her.
Miss Carmona was studying marketing at university and only had one semester left before she graduated.
The brunette was also crowned 'Miss Tourism' in her home state of Carabobo.
Five people have been killed in the protests - which were sparked by opposition politicians to the Venezuelan government demanding an end to goods shortages and protected freedom of speech.
The opposition have blamed the deaths on people loyal to the government.
A relative of Miss Carmona said: 'How long are we going to live like this? How long do we have to tolerate this pressure, with them killing us?'
Just last month Miss Venezuela, Monica Spear, 29, was murdered with her British ex-husband in what is thought to be a failed robbery attempt.
The pair's five-year-old daughter was also shot in the leg.
The country has one of the highest murder rates in the world, with armed robberies and murders not being out of the norm.