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DeepSeek made waves across markets when it first hit the scene. Yet somehow, that initial buzz hasn't translated into sustained momentum. What changed? Is it just the typical hype cycle playing out, or are there deeper reasons why the project hasn't managed to keep investors' attention locked in? The market's fickle nature—moving from one narrative to the next—might explain part of it. But there's more to unpack here.
When DeepSeek first launched, it was indeed crazy, but now it seems silent. Is there really nothing new, or have we just become aesthetically fatigued?
Wait, what exactly problem does DeepSeek solve? If we don't figure this out, no matter how much hype it has, it won't retain people.
Honestly, it still depends on whether there are actual use cases. Relying solely on concepts and hype can only last so long.
To put it simply, this is a typical narrative decay curve, with no fundamental difference from the hype cycle of traditional artworks—bubbles inflate quickly and burst just as fast.
From the supply and demand curve perspective, the decline in popularity is mostly due to the lack of sustained fundamental output. Consensus maintained solely by public opinion is the most fragile.
When the floor price keeps dropping, everyone finally understands what the Web3 decentralization spirit is—retail investors fighting their own battles.
Thinking a bit deeper, how many people truly understand the project itself this time, and how many are just chasing ROI... quite ironic.
DeepSeek was really explosive back then, but now there's no news. Retail investors probably already ran away.
To put it simply, there's no real utility; just hype based on concepts can't sustain momentum.
The market is like this—today DeepSeek, tomorrow Grok, always chasing the latest one.
You have to ask whether there's a problem with the technical direction or if it's just pure marketing failure.
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The hype cycle has been played out already. Capital finishes a round of profit-taking and runs, leaving us bagholders here wondering when to break even.
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DeepSeek? It's already lost focus. Just want to know what the next hot trend is; following the trend is never wrong anyway.
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Honestly, projects like this just lack sustained hype. Once the hype stops, the enthusiasm disappears. It's just a game of capital; any deeper reasons are just nonsense.
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Wait, what happened to this project later? Why haven't I heard anyone discuss it... Could something have gone wrong?