In the early trading hours of Monday, AI Coins experienced a significant decline in the Asian market after China's DeepSeek startup developed cost-effective AI models that outperformed those of Silicon Valley giants. This led to a drop of 8-10% in top artificial intelligence coins like NEAR, ICP, RENDER, and FIL, while Nasdaq 100 futures also experienced a substantial crash.
Content Editor ( coingape.com )
- 2025-01-27
AI Coins Crash Big As Chinese AI Startup DeepSeek Storms Market
