China’s artificial intelligence model, DeepSeek, is making headlines as it disrupts the stock, cryptocurrency, and tech sectors.
This cutting-edge AI stands out for delivering high performance at a fraction of the cost compared to its competitors.
DeepSeek’s Millionaire-Making Altcoin Picks
To test its market insights, Finbold tasked DeepSeek with selecting two altcoins that could potentially turn investors into millionaires by 2030. The AI’s top picks: Chainlink (LINK) and Fetch.ai (FET).
Chainlink (LINK): A DeFi Powerhouse
According to DeepSeek, Chainlink’s (LINK) strength lies in its role as a leader in decentralized oracles, a crucial component of the decentralized finance (DeFi) sector.
The AI highlights Chainlink’s expansion into tokenized real-world assets, cross-chain interoperability, and blockchain gaming as key factors boosting its market influence.
Strategic partnerships, such as its collaboration with Usual—a decentralized stablecoin protocol—further solidify its position.
Usual’s adoption of the Chainlink Standard enhances the liquidity and utility of its $USD0++ and $USD0 tokens.
DeepSeek also noted that Chainlink’s revenue model, which requires projects to pay fees in LINK, could drive sustained demand for the token as blockchain adoption continues to rise.
Despite stiff competition, DeepSeek believes Chainlink’s well-established presence will help it weather the next phase of blockchain adoption. The AI predicts a possible 20- to 50-fold return from its current price.
Institutional investments could further drive LINK’s value. Notably, Tuttle Capital Management has filed with the U.S. Securities and Exchange Commission (SEC) to propose the first Chainlink-related exchange-traded fund (ETF).
At the time of reporting, LINK was trading at $22.11, marking a 10% decline in the past 24 hours and a 13% drop over the past week, aligning with broader market trends.
Fetch.ai (FET): The Future of AI-Blockchain Integration
Fetch.ai (FET) was DeepSeek’s second pick, highlighting its strong potential as an AI-driven blockchain project.
Fetch.ai specializes in automating various processes across industries such as supply chain management and energy trading.
The AI pointed out Fetch.ai’s significant partnerships with global firms like Bosch and Deutsche Telekom.
Additionally, its merger with SingularityNET and Ocean Protocol under the “Artificial Superintelligence Alliance” is a landmark step in integrating AI with blockchain technology.
With a relatively low market cap, Fetch.ai has substantial room for growth, especially as AI-driven blockchain solutions become more mainstream.
However, DeepSeek also cautioned that regulatory hurdles and increasing competition could pose challenges.
As of publication, FET was valued at $0.89, experiencing a 10% drop in the last 24 hours.
Conclusion
While DeepSeek identified LINK and FET as strong contenders for long-term gains, AI also stressed that no investment guarantees wealth.
The best approach, it suggests, is a long-term holding strategy while preparing for inevitable market fluctuations.
Stay tuned for more updates on AI-driven market predictions and their impact on the financial world.
