Analysts forecast
Some analysts have planned that the price of Dadecoin could drop more to $ 0.26, which leads to a net price collapse, the street reported.
Dogecoin’s trading volume has dropped 41% in the past 24 hours, CoinmarketCap reported. THE cryptocurrency Currently has a market capitalization of $ 48.9 billion, added the report.
Excessive reactions market
Certain experts in the cryptographic industry say that the concerns about Deepseek can be exaggerated. They also predict that the price of Dogecoin will recover when the market has calmed down, the street reported. Chris Chung, the founder of Titan, said the United States remained the world leader in AI development.
Chung explained that if people found themselves in the news that China develops a cheaper version of Chatgpt, they ignored the fact that China is nothing new, the street reported. China reproduces what the United States has already accomplished at a lower cost, according to the report. According to Chung, the most advanced AI models are still being created in the United States.
The founder of Titan acknowledged that if Chinese companies improve their AI models, they could become serious competitors towards the Americans. He also noted that in -depth development stressed that American sanctions on GPU exports are not as effective as expected, China finding ways to get around them. He said the United States was still far from losing its IA edge and that the market probably reacted excessively to the news.
Faq
What is the planned price for Dogecoin?
The Dogecoin price could drop by $ 0.26, according to analysts’ forecasts.
Has the market been reacted excessively to Deepseek News?
Yes, the market reacted excessively to Deepseek news, according to Chris Chung. He said the price of Dadecoin would recover after the market calmed down.
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