A new player has emerged in the cryptocurrency space, bringing a touch of humor to the cutting-edge innovative technology. Let’s take a look at the GROK token, a MEME coin inspired by Grok, the brainchild of Musk’s cutting-edge artificial intelligence startup xAI.
The GROK token, which debuted on the Ethereum blockchain on November 4, 2023, is no ordinary MEME coin—it embodies Musk’s unique innovation and is wrapped in a layer of humor.
Rising 5 times in two days, Musk’s Grok model has become a “wealth password with orders”
Musk's announcement of the release of the AI model Grok sparked discussion in the currency circle.
BlockBeats news, on November 5, Elon Musk stated on social platforms that the AI model Grok system has been released.
Developed by Musk's company xAI, Grok is an AI-based intelligent conversation program that will be available to premium users of Musk's social media platform X for $16 per month. Prior to Musk's tweet, only a handful of people had been qualified to test Grok.
Grok, released before the announcement of the OpenAI Developer Conference, not only attracted the attention of artificial intelligence enthusiasts, but also aroused exciting discussions in the currency circle.
According to reports, Grok can obtain the latest knowledge from X tweets in real time, which can be regarded as Grok's "moat" advantage compared to other AI models. And X is regarded as the most active social platform for currency community enthusiasts.
A screenshot circulated on He was found guilty in his fraud trial. Can you believe it?"
There are more than 600 "GROK" tokens in the community
For the currency circle, a name with high attention does not stop at exchanges and discussions. Grok has unsurprisingly become the target of hype.
According to on-chain data, the first batch of ERC-20 GROK tokens appeared on November 4, with 4,300 holders. According to BlockBeats, there are currently more than 600 tokens named "GROK" on Ethereum alone, with varying fluctuations.
GROK Token: A combination of humor and innovation
The GROK token is inspired by Grok, an artificial intelligence model developed by xAI. The AI model draws inspiration from Musk’s vision for the future and is a conversational AI model equipped with web browsing capabilities.
Similar to its AI predecessors, including ChatGPT and Meta's Llama 2 model, Grok can smoothly answer questions and participate in discussions. What sets Grok apart is its unique ability to blend informative responses with humor, injecting personality into the world of artificial intelligence.
The GROK token was launched on November 4th and a statement was immediately made. The project immediately abandoned the contract, burned LP, and boldly burned 2% of the total supply. This strategic burn not only emphasizes a commitment to scarcity, but also sets the stage for a supply-constrained environment that could benefit early adopters.
One of the outstanding features of the GROK token is its connection to the xAI model GROK. This innovative MEME coin draws inspiration from Musk's artificial intelligence inventions, establishing a link between the world of digital currency and the rapidly developing field of artificial intelligence. While other MEME coins may simply be following market trends, the GROK token’s alignment with breakthrough technology adds a layer of practicality to its value position.
As we delve into the mechanics of the GROK token, it’s important to highlight its lack of a traditional roadmap and public token economics. Instead, the project chose to immediately burn a significant portion of its total supply by directly increasing the transparency of its operations and abandoning the contract upon launch. This move not only demonstrates a commitment to decentralization, but also fosters trust within the community and demonstrates its commitment to the long-term success of the project.
GROK is now available on Bitget
For those eager to participate in the artificial intelligence and crypto revolution, GROK’s listing on Bitget on November 10, 2023 at 18:00 (GMT+8) is a perfect opportunity. As the coin hits reputable trading platforms, enthusiasts and investors alike can capitalize on the potential of early market momentum.
Is the GROK meme coin hype over? On-chain detectives warn: The issuer is a habitual fraud offender!
The Grok AI service project promoted by xAI, a new artificial intelligence company led by Elon Musk, became a subject of market speculation. Someone in the community took advantage of this momentum to launch the meme currency GROK, which quickly ignited the market speculation craze. In just 9 days after the issuance, the market value soared to US$160 million.
However, on-chain detective ZachXBT revealed on Twitter that the issuer behind the GROK meme coin is actually a repeat fraud criminal. The same Twitter account has changed its name several times in the past period and issued and RUG at least one meme coin (ANDY ).
After ZachXBT disclosed this news, GROK fell by more than 50% within an hour. Although after that, the GROK contract deployer burned 90 million GROK (approximately 1.7 million US dollars), which once pushed the token to stop falling and rebound, it soon returned to the downward trend.
However, from ZachXBT's message string, we can see the chaos caused by market hype. Investors are blinded by money and regard ZachXBT's well-intentioned reminder as malicious. Investors should take warning. Although people have the freedom and power to choose to speculate and make quick money, is it really appropriate to promote such high-risk meme coins to others regardless of the risks, or even attack those honest people who issued warnings?
Looking ahead, the future looks bright for the GROK token. Beyond the speculative nature of the MEME coin, the connection to xAI’s Grok makes it a unique player in the cryptocurrency space. GROK Token is not just a MEME coin, it is also a bridge between innovation and entertainment!
Everyone, please use your little hands to make a fortune and pay attention~
Thank you all for your support, see you next time!
