AI Coins Crash Big As Chinese AI Startup DeepSeek Storms Market

AI Coins took a severe beating in the early trading hours of the Asia market on Monday, as China’s AI startup DeepSeek stormed the market by building AI models that cost just a fraction of what the Silicon Valley behemoths are spending. Top artificial intelligence coins like Near Protocol (NEAR), Internet Computer (ICP), Render (RENDER), and Filecoin (FIL) have collapsed 8-10% today as the Nasdaq 100 futures see a 330 points crash in the overnight trading session on Sunday.