In a watershed instant for AI and cryptocurrency, DeepSeek, a Chinese AI company that specializes in open-source large language models, has vaulted to international prominence. Its January 27 $SEEK token surprised the crypto community with an almost unbelievable 24-hour gain of 19,600%, taking its market cap to well above $22 million and closing the day with an impressive $49 million in trading volume. This upswing is part of a larger sequence of triumphs for DeepSeek, which has been in the news not just for its trailblazing breakthroughs in AI but also for its sudden jump in the US App Store.
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