DeepSeek-Themed Crypto Explodes 600% On AI Disruption But Here’s Why You Should Be Cautious
Posted On January 28, 2025
Cryptocurrencies themed on the latest artificial intelligence sensation DeepSeek sprang up overnight, running into millions of dollars in market valuation.
What happened: A Solana (CRYPTO: SOL)-based token, DeepSeek AI Agent, skyrocketed nearly 600% to a capitalization of $11.98 million in the last 24 hours, according to CoinMarketCap.
The coin’s volume soared 698% to $31.25 million over the last 24 hours, indicating massive demand among traders.
Another Solana-based token, DeepSeek AI, lifted over 50% in the 24 hours to half a million dollars …