The fake meme coin itself is being promoted as Deepseek won a market capitalization of over $12 million today before it crashed. China’s AI protocols have taken the US tech sector by storm, and several fraudulent assets are enjoying enormous benefits using brands.
The Crypto community is facing a major scam outbreak that preys on all the beginners of the space. Meme Coin Launchpads only exacerbate the problem.
Scam deepseek meme coin takes off
The arrival of Deepseek, a Chinese AI program that has disrupted the entire Crypto market, has led to a truly strange situation. Its extensive publicity caused the decline in Nvidia and AI-related crypto assets, which led to fraudsters beginning to exploit the hype.
Several fake Deepseek tokens have appeared in Pump.fun, and they are already trending in decentralized exchanges. Even with DeepSeek, users are still investing in these tokens Previously, it has revealed that it has nothing to do with digital assets.
“Deepseek does not issue cryptocurrency. Currently, there is only one official account on the Twitter platform. It will not contact anyone via other accounts. The company claimed at the beginning of January.
Seek, the first fake Deepseek Token was released yesterday. Before the slump, we were able to accumulate a market capitalization of $48 million. This first rag pull was so successful that the con man released another.
Solana-based Meme Coin traded under the name “Deepseek” and reached a market capitalization of over $12 million. Most disturbingly, fake tokens rank number one on Geckoterminal in terms of daily trading.
Market capitalization chart for fake deep seek tokens. Source: Geckoterminal
Since Donald Trump launched his own memecoin, bold scams and gusts of Lipov have covered the space. Scammers used their Trump tokens to steal more than $857 million, while spoofers paraded as US government agencies or world leaders.
In this regard, these fake Deepseek tokens are perfect for your environment. The survey claims that 40% of Trump investors are first-time crypto holders. Billions of dollars have flowed into the crypto industry, and all newcomers are plunging into the first thing in their heads.
Many of them pay for their lack of knowledge and consciousness. Simply put, making fake meme coins is easier than ever. Currently, Deepseek is the most viral topic on social media. Therefore, scammers are taking full advantage of this hype.
It’s not easy to say how the crypto community will make this mess work. Industry heavyweights like Ethereum founder Vitalik Buterin warn a culture of fraud, but there is no easy solution.
For now, there is a possibility that more scam deepseek tokens will enter the market until this viral hype disappears.
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