DeepSeek Scams: The New Crypto Gold Rush?

Attention, crypto enthusiasts! Ever heard of DeepSeek? No, not the Chinese AI program, but the other DeepSeek making waves in the crypto world. That’s right, folks; we’ve got DeepSeek meme coins, and they’re raking in millions! 🤑

DeepSeek’s popularity has sparked a new trend: fake meme coins using its branding to cash in on the hype. And boy, are they successful! 🚀

DeepSeek Scams: A Growing Trend

DeepSeek’s arrival has created quite the stir, causing Nvidia’s stock to plummet and AI-related cryptoassets to follow suit. Scammers, sensing an opportunity, have jumped on the bandwagon. 🐇🕳

Fake DeepSeek tokens have popped up on Pump.fun and are already trending on decentralized exchanges. Despite DeepSeek’s clarification that it has no connection to any digital asset, users keep investing in these scammy tokens. 💸

“DeepSeek has not issued any cryptocurrency… Please stay vigilant and guard against potential scams,” the company warned in January. But who listens to warnings when there’s money to be made? 🤷‍♀️

“Seek,” the first fake DeepSeek token, made a splash with a $48 million market cap before crashing. Emboldened by this success, scammers released another DeepSeek-inspired meme coin on Solana. 🎢

And guess what? It reached a market cap of over $12 million and is currently the number one trending token on GeckoTerminal for daily transactions. 📈

2025-01-29 03:34

DeepSeek Scams: A Growing Trend

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