Is The 2025 Bullrun Over for RENDER, ICP & NEAR? (DeepSeek)

No Bs Crypto

Introduction to DeepSeek and its Impact on AI Coins

The recent announcement of DeepSeek, a project that can create complex language models without requiring massive physical servers or expensive hardware, has sent shockwaves through the traditional and crypto markets. This has led to a significant drop in the prices of major AI coins such as Randa, ICP, and NEAR.

DeepSeek's Capabilities and Implications

DeepSeek is similar to ChatGPT but was created with significantly less funding, approximately $5.5 million, and uses NVIDIA's H800 chips, which are less powerful than the H100 chips used by mainstream US-based AI companies. Despite its lower cost and hardware, DeepSeek has achieved impressive results, sparking concerns about the future of AI coins.

Trump's Stargate Initiative and its Potential Impact

However, the announcement of Trump's Stargate initiative, which aims to invest $1 billion in US-based AI companies, could have a positive impact on the AI coin market. This investment could boost the growth of AI in the real world, which is closely tied to the success of AI in crypto.

Analysis of Randa, ICP, and NEAR

Each of these coins has unique strengths and weaknesses:

  • Randa: Despite a significant price drop, Randa's potential remains strong due to its connections with major tech companies and its focus on distributed GPU power. The upcoming RenderCon conference and potential collaborations with Ari Emmanuel and David Sacks could further boost its growth.
  • ICP: With its zero downtime record and smart contract capabilities, ICP is an attractive option for AI applications. Potential collaborations with Cardano and HB could also enhance its prospects.
  • NEAR: Although its price has fallen significantly, NEAR's focus on AI agents and chain abstraction could still yield success, particularly if it can enable seamless interactions between different crypto ecosystems.

Conclusion

While the DeepSeek announcement has had a negative impact on AI coins, it is unlikely to permanently scar the ecosystem. Each of the mentioned coins has individual use cases and strengths that could help them recover and grow in the future. The upcoming investments in US-based AI companies and potential collaborations could further boost the growth of these coins.