Elon Musk’s unveiling of Grok4 on an X livestream has triggered a \$220 million boost in the AI crypto sector within just 24 hours. The new AI models—Grok4 and Grok4 Heavy—developed by xAI, aim to enhance research capabilities and productivity. Musk touted Grok4 as the world’s most advanced AI, claiming it surpasses the intelligence of most graduate students and could even unlock new physics discoveries as early as next year.
Following the announcement, the AI token market surged nearly 6% between Wednesday and Thursday, with its total value climbing to \$26.05 billion and daily trading volume hitting \$3.12 billion, according to CoinGecko. Top-performing tokens included Bittensor (TAO), Near Protocol (NEAR), Internet Computer (ICP), Artificial Superintelligence Alliance (FET), and Render (RENDER), each gaining between 4% and 7%.
Musk also introduced two versions of the model: the core Grok4 and the advanced Grok4 Heavy, both equipped with SuperGrok capabilities and integrated AI agents designed for high-level productivity and research support.
Although AI-focused launches and tech upgrades have recently energized the sector, the long-term strength of this rally remains to be seen.