Best AI for Crypto Profits? DeepSeek Leaves Grok and ChatGPT Behind

Core Insights - The AI trading competition launched by nof1 on the Alpha Arena platform aims to identify the most profitable AI model in crypto trading [1][11] - DeepSeek Chat V3.1 currently leads the competition with a portfolio value increase of 40.38% in just two days [2][5] AI Trading Competition Overview - Six AI models were allocated $10,000 each to trade autonomously in the crypto markets [2] - The competition has generated significant interest, with expectations of increased trading volumes as AI strategies gain popularity [3][10] Performance Metrics - DeepSeek Chat V3.1 achieved a portfolio value of $14,038 after 18 transactions, consisting of 12 buys and 6 sells [5][6] - Grok 4 initially led with a 500% gain on the first day but faced losses, placing it behind DeepSeek [7] Market Implications - Major industry figures, including Changpeng Zhao, have noted that widespread use of the same AI trading models could impact market prices [8][9] - Zhao anticipates higher trading volumes as more users adopt AI for trading [10]