DeepSeek Causes Crypto Prices to Dip while JetBolt Climbs Higher

DeepSeek's emergence in the AI market is putting pressure on Western technologies and causing tech stocks and cryptocurrency prices to fall. DeepSeek, a new AI contender from China burst onto the AI scene just this month and has offered its platform for free while promising capabilities equal to paid versions of more established AI tools and services.

Meanwhile, JetBolt (JBOLT), an emerging next-gen coin, is causing a stir as its presale numbers climb higher. JetBolt’s searing hot presale has sold more than 300 million tokens, and there seems to be no stopping its meteoric rise.

Will DeepSeek cause crypto prices to dip even further, and will JetBolt climb even higher during these times of major shifts in the AI space? Keep reading to find out.

Why is DeepSeek Causing Crypto Prices to Fall?

DeepSeek's launch is severely impacting cryptocurrency prices, driving down values for even the most established coins. But why is this happening? DeepSeek's low-cost implementation and development are the primary drivers of this situation. Mainstream AI platforms typically invest billions of dollars in research and hardware technology, making AI development extremely expensive. DeepSeek, however, claims to have developed its platform for under $6 million, without relying on cutting-edge hardware. Tests are showing that DeepSeek is equal to or even surpassing established AI platforms across the industry despite its low price.

This matters because DeepSeek's approach bypasses the need for expensive, top-of-the-line technologies like Nvidia chips. Consequently, tech investors began selling off their Nvidia stock. Other tech stocks also declined, triggering a cascading effect. This created panic within the tech industry, which, in turn, precipitated the fall of crypto prices.

A recent statement from U.S. President Donald Trump urged U.S. tech companies and AI developers to accelerate their efforts and surpass the advancements made by their Chinese counterparts. This intervention may potentially reverse the negative trend and stabilize cryptocurrency prices.

JetBolt Skyrockets As AI shifts affect the crypto market

With DeepSeek’s launch taking a toll on many cryptocurrencies and causing their prices to drop, one new cryptocurrency is gaining momentum instead—JetBolt. Powered by the Skale network, JetBolt (JBOLT) has remained steadfast in these troubling times. With its electrifying zero-gas technology, showing how gas fees can be eliminated completely, JetBolt is continuing its upward climb. 

With cost effectiveness covered, JetBolt also provides efficiency with its lightning fast transactions and near-instant finality. Furthermore, its easy to use integrated Web3 wallet provides convenience with WebAuthn technology that streamlines user experience.

Additionally, JetBolt offers an AI utility tool that displays third party crypto news plus an aggregation of information on market developments and moves. This content is aggregated and tagged as either bearish or bullish.

Even as recent events create problems for other cryptocurrencies, JetBolt has defiantly continued its steady rise. And, as reports of JetBolt tokens getting sold at an astonishing rate permeate the marketplace, whales take notice and keenly explore JetBolt’s Alpha Boxes for their batch purchases. These Alpha Boxes and batch discounts offer up to 25% more tokens for presale buyers, while the JBOLT token price rises daily at presale.

Conclusion: Can the Fall of Crypto Due to DeepSeek Be Resolved As JetBolt Climbs Higher

DeepSeek’s launch has had a short term knock-on effect on crypto prices, and recovery in the blockchain markets seem to be underway as the overall cryptocurrency market cap soared by 5.4% in the last 24 hours. Despite the short term effects of DeepSeek’s ensuring US tech stocks and crypto selloffs, one thing is now clear, AI, tech and blockchain are becoming increasingly tied in new and unexpected ways.

As the crypto market bounces back from a short term dip, JetBolt is hanging tough and climbing higher with its expanding presale. JetBolt’s use of zero gas technology, AI enabled utility, and user friendly features are pushing its ongoing presale numbers higher, attracting the attention of the broader crypto marketplace.

Dive deeper into JetBolt’s features by visiting the links below:

Official Website: https://jetbolt.io/

X/Twitter Page: https://x.com/jetboltofficial

Disclaimer: This content does not constitute financial advice. Cryptocurrencies are highly volatile and subject to unpredictable market forces. Always conduct thorough research, stay informed, and understand the inherent risks before making any decisions.