The AI trade is battling an existential disaster as Chinese language firm DeepSeek claims to have developed a ChatGPT equal for a fraction of the associated fee.
Nevertheless, the brand new Ethereum-based AI agent MIND Of Pepe ($MIND) continues to indicate robust demand in its token presale, having simply crossed the $4.1 million whole raised mark.
Like DeepSeek, MIND Of Pepe is bringing one thing new to the AI trade, however the distinction is that it’s locked in on crypto.
Traders can purchase $MIND through its ongoing token presale. The present value is $0.0032144, however this can rise all through the ICO. The subsequent enhance will happen in someday.
US AI shares and AI cryptos plunge
Market contributors had been spooked by the emergence of DeepSeek’s open-source AI chatbot, DeepSeek-R1, which lately dethroned ChatGPT from the highest spot on the AI purposes part of the App Retailer.
DeepSeek-R1 reportedly presents capabilities just like these of OpenAI’s ChatGPT.
However DeepSeek didn’t price billions of {dollars} to develop like some American AI fashions – and it didn’t use the newest Nvidia tech; the corporate mentioned it price simply $5.6 million and used extra primitive computational gear.
Unsurprisingly, the transfer shocked AI and expertise traders, inflicting the NASDAQ to plunge by 3.1% on Monday and GPU producer Nvidia to lose nearly $600 million from its market cap.
AI cryptocurrencies reminiscent of ai16z, Virtuals Protocol, and Griffain have additionally retraced by double-digit percentages previously week.
But, regardless of this AI black swan occasion, traders proceed to assist MIND Of Pepe, a brand new AI agent that seamlessly operates on the blockchain and social media.
Furthermore, integrating the Pepe meme gives a enjoyable and light-hearted twist away from the seriousness of AI. As such, MIND Of Pepe has the most effective of each worlds and a number of sources of token demand.
MIND Of Pepe’s X account and crypto pockets
Think about there was an AI agent working across the clock to extend the worth of its underlying token. That’s what MIND Of Pepe is doing.
The agent runs an X account the place it interacts with others to assemble information, form narratives, and construct an viewers.
It would leverage this in a number of methods. First, the agent will establish traits within the information it gathers, which it is going to combination into priceless information insights and share them with its group to provide it an edge out there.
Nevertheless, along with working its personal X account, MIND Of Pepe has a crypto pockets. From there, it could actually launch tokens and work together with decentralized purposes. $MIND holders get early entry to its token launches, creating tangible token utility.
25% of the entire $MIND provide is reserved for the agent. This gives ammunition for the agent to make issues occur on-chain.
For example, it may very well be deployed in DeFi purposes to generate yield, commerce, and even rent by folks or different brokers to assist develop the venture’s ecosystem. It’s all on the agent’s discretion based mostly on what it thinks will greatest serve the venture’s long-term success.
Consider MIND Of Pepe as a key opinion chief (KOL) who trades and launches tokens; but it surely by no means sleeps.
In addition to the presale exhibiting important demand, this use case is inflicting a buzz amongst analysts.
Distinguished dealer Jacob Bury lately appeared on the 99Bitcoins YouTube channel, suggesting $MIND might “be the next big thing” and even holds 100x potential.
Professional says Bitcoin value rally is coming, excellent news for altcoins
Regardless of jitters after the information of DeepSeek broke, Bitcoin has managed to keep up a value above $100K, albeit briefly retesting $98K.
This can be a good signal for the broader market, exhibiting that regardless of the worry, Bitcoin has maintained its bullish construction.
Distinguished analyst RektCapital means that Bitcoin will start a powerful uptrend in underneath two weeks, citing historic value information.
https://twitter.com/rektcapital/standing/1883985425288864020
If Bitcoin can break above its present ATH and enterprise additional into value discovery, this would supply a stronger outlook for altcoins.
MIND Of Pepe has continued to advance even whereas different altcoins have struggled this week, so it may very well be one of many prime performers within the months forward.
For extra particulars concerning the venture, join with MIND Of Pepe on X or be part of their Telegram for the newest updates. You may also go to their web site to purchase $MIND and stake your tokens.
