SEEK's market cap briefly surpassed $50 million, with a 50% increase in the past hour.

BlockBeats News, January 27th, according to GMGN market data, the Solana-based Meme token SEEK (DeepSeek) briefly surpassed a market capitalization of 50 million U.S. dollars, and is now at 37.7 million U.S. dollars, with a 24-hour trading volume of 75.9 million U.S. dollars.

BlockBeats Note: SEEK is a concept Meme token for DeepSeek, and the DeepSeek application has reached the top of the free app download rankings on the Apple App Store in China and the United States today. DeepSeek, a Chinese AI startup, has recently released two large models, DeepSeek-V3 and DeepSeek-R1, at a low cost with performance comparable to OpenAI, attracting widespread industry attention.

BlockBeats reminds users that Meme coins often lack practical use cases, experience high price volatility, and investment should be approached with caution.