DeepSeek’s R1 AI model has taken the world by storm.
Its performance and small capex have caused a seismic shift in the global AI race, plummeting US tech stocks. In particular, NVIDIA ($NVDA) is down 15% since DeepSeek R1’s launch.
The Chiene AI lab has also caused significant volatility in the crypto market, with prices initially correcting in correlation with the US tech equities. However, experts anticipate that the intensifying AI race will be beneficial for the crypto market in the long run, particularly for the AI agent coins.
Tech-savvy crypto investors are already using DeepSeek R1 to hunt for market alpha.
To test the new AI model, we asked the best candidates for the next 100x crypto and received some interesting responses.
DeepSeek’s Next 100x Cryptos
DeepSeek considered innovative technology, strong use case, developer and community support, partnerships and adoption, market timing, regulatory compliance and market capitalization while picking its candidates for the next 100x crypto.
Here are DeepSeek’s picks.
Optimism ($OP)
Ethereum layer-2 token Optimism turned out to be the Chinese AI’s top pick, a surprising selection considering it has underperformed other altcoins during this bull run.
Regarding Optimism, DeepSeek claims “Optimism is a strong contender in the Layer 2 space, and its focus on scalability, ecosystem growth, and community governance makes it a project worth watching.”
Despite $OP’s underperformance, it could be an attractive investment in the coming months. Smart money investors may view it as a beta play on Ethereum, which would bode well for its upside potential.
For instance, MN Trading’s Michael van de Poppe is bullish on Optimism, citing the formation of a bullish divergence on its higher timeframe chart.
However, it is unlikely OP could be the next 100x crypto, considering it already has a market capitalization of just under $2 billion.
Render ($RENDER)
DeepSeek picked another large-cap asset, Render (RNDR), as one of its top candidates for the next 100x crypto.
Render is the leading provider of decentralized GPU-based rendering solutions, which is one of the key reasons why the new AI model is bullish on it.
Indeed, smart money investors are bullish on Render as well — being a gl
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Author: Adrian Barkley
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