Fake DeepSeek token hits $48M market cap amid Chinese AI app hype

A Solana token carrying Chinese AI star DeepSeek’s name briefly rises to $48 million in market cap, but the company denies ever launching a cryptocurrency.

Jan 27, 2025 - 06:00
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Fake DeepSeek token hits $48M market cap amid Chinese AI app hype

A Solana token carrying Chinese AI star DeepSeek’s name briefly rises to $48 million in market cap, but the company denies ever launching a cryptocurrency.

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