Musk's AI Grok recommended token DRB continues to be hot, with DRB's market cap soaring from $1 million to $2.5 million and then to $16.74 million, an increase of nearly 5 times. Despite a 64% pullback, the market cap rebounded to $15.72 million, with a 161% rise in 24 hours, nearing an all-time high.
In fact, Grok recommended token names are not limited to $DRB. The following will list other well-known tokens and introduce what the DeFAI project Bankr is that helps Grok issue tokens, as well as the underlying AI trends.
Grok recommended token name
1) $DRB - the first AI token deployed by Grok
Netizen domin asked Grok to recommend a token name, and Grok suggested naming it DebtReliefBot (DRB), as it fits naming conventions, is easy to remember, and reflects its financial positioning. Subsequently, Bankr successfully deployed DRB.
It can be seen that DRB is deployed by Bankr, but Grok promotes it as the first AI-driven, autonomous token created without human intervention, thus DRB is regarded as 'the first AI token deployed by Grok' and is highly sought after in the market.
2) DRAI
$DRAI was named by netizen Woah who asked Grok for a recommendation, currently with a market cap of $512,000, down 42.77% in the last 24 hours.
3) PAWS - dog-themed meme coin
$PAWS originated from a netizen kaithefirst who asked Grok to recommend a dog-themed token name, to which Grok responded with Pawsome (PAWS). This token currently has a market cap of $755,000, soaring 945% in 24 hours.
4) GRK - Grok's mascot
Netizen d0uble07__ asked Grok to recommend an official mascot token name, and Grok responded with Grokster ($GRK). This token had the strongest momentum, soaring 1,071% in 24 hours, with its market cap briefly reaching $10.34 million, now falling back to $3.64 million.
Although there are many other tokens proposed by Grok, after Grok's fees were lost, Bankr's founder 0xDeployer decided to sever ties with Grok. This means Grok will no longer issue tokens through Bankr, and the market's attention is primarily focused on the four tokens mentioned above.
Grok receives over $180,000 in fee rewards
What is Bankr?
Behind Grok's token issuance, Bankr plays a key role as a DeFAI project developed by 0xDeployer, simplifying DeFi user interactions. Unlike other projects, Bankr provides a text interaction terminal and bankrbot to perform DeFi operations on Farcaster and X, with plans to expand to Discord and Telegram in the future.
Emphasizing the second point: Bankr utilizes the AI-driven token issuance robot Clanker to deploy tokens, including its native token $BNKR, with all tokens being part of the Clanker ecosystem.
Token economics
In terms of token empowerment, 100% of Bankr's revenue will be allocated to $BNKR and $TN100x (another token issued by the founder) holders, with specific distribution as follows:
1) 60% allocated to $BNKR:
50% is used for single token staking, with longer staking times yielding more multiplier points. 10% is given as a direct reward to the wBLT-BNKR vault on the BMX platform.
2) 40% allocated to $TN100x:
35% is allocated as single token staking rewards, also earning multiplier points based on staking duration, with 5% as rewards for TN100x/WETH in the Aerodrome liquidity pool.
Currently, the staking feature has not been launched.
BNKR, TN100x, and CLANKER are gaining strength again
$BNKR's market cap rose from $4.86 million on February 3 to $41.59 million on February 23, with a total increase of 756%. Now, $BNKR has surged from $20.12 million on March 8 to a high of $31.98 million today, a 58.94% jump in just 3 days.
$TN100x's market cap rose from $1.54 million on February 6 to a peak of $4.63 million on February 12, an increase of over 3 times. Now, $TN100x has surged from $1.69 million on March 9 to a high of $2.63 million today, a remarkable increase of 55.6% in 2 days.
$Clanker rose from $13.43 million on February 3 to surpass $140 million on February 19, nearly an 11-fold increase. It has since fluctuated around the $60 million level but has risen again by 19.66% in the past 24 hours, with a market cap exceeding $70 million.
Can the market continue to buy in?
The Clanker ecosystem has shown resilience during the AI sector downturn, gaining popularity due to Musk's Grok adoption, and may evolve alongside Grok in the future. Bankr promotes the DeFAI narrative through social platforms, standing out in the competition.
In the future, it is necessary to observe community adoption, support for advanced DeFi operations, and industry imitation. At the same time, investors need to cautiously assess market risks and liquidity changes, seizing investment opportunities.