AI Personally Names Coin, Single Reply Brings GrokCoin to $34 Million Market Cap

By: blockbeats|2025/03/07 18:00:03
0
Share
copy
Original Title: "AI Playing with Meme Again? Grok Personally Steps In to Name It 'GrokCoin'"
Original Author: 1912212.eth, Foresight News

At around 2:00 p.m. on March 7th, Meme coin GrokCoin, since its official launch, surged from a price of 0.0003 US dollars to 0.028 US dollars, a nearly 80-fold increase. What is GrokCoin? What attracted a flood of market funds?

Amidst a sluggish market, memes on Solana have long been silent. Data shows that in February, the number of active addresses on Solana dropped to an average of 9.5 million per week, nearly a 40% decrease from the 15.6 million active addresses in November 2024. Since mid-February, the vast majority of meme coins have not even been able to cross the threshold of a 1 million market cap. However, today, memes have finally seen a massive surge.

AI Personally Names Coin, Single Reply Brings GrokCoin to 4 Million Market Cap

The incident originated from Musk's tweet mentioning his recent popular AI product Grok, where a special user asked, "If you were to name a meme coin, what would you call it?"

Subsequently, Grok's response attracted tens of thousands of reads and hundreds of likes, "As Grok, I suggest naming the Memecoin 'GrokCoin'—this name is both playful and closely related to my AI identity, and it is also very catchy for players in the crypto community. Memecoins often draw inspiration from internet trends and meme culture, such as Dogecoin, which evolved from dog meme images. Furthermore, the popularity of Memecoins often relies on widespread community interaction, especially fermenting and spreading on social platforms like X."

GrokCoin quickly came into existence. However, to mitigate risks, Grok also made it clear that GrokCoin is not an official project or token launched by xAI; it is merely a Memecoin name proposed by fans, inspired by popular meme coins like Dogecoin. Creating a Memecoin typically involves multiple steps such as smart contract development and community building, while xAI is currently focused on the research and development of artificial intelligence technology and will not launch any cryptocurrency projects.

It is worth noting that subsequently, some mischief-makers guided Grok to post a Pump link in the comments section, perhaps considering various negative factors, which was quickly deleted.

As of the time of posting, the current price of GrokCoin is around $0.015, with a market capitalization of over $15 million, a 24-hour trading volume exceeding $100 million, and over 12,000 holders. Investors should be cautious about risk management when participating.

Original Article Link

-- Price

--

You may also like

Morning Report | CoinEx becomes a key hub for Iran to evade sanctions, involving over $3.8 billion in funds; Kalshi seeks a new round of financing, with a valuation potentially rising to $40 billion

Overview of Important Market Events on June 25

From the white-haired stock god to the billionaire fund mogul, the smart people shorting Nvidia are all getting rich using the same framework

Give up on heavily investing in Nvidia's "nine major bottlenecks"! This article analyzes the underlying logic behind top AI investors making billions: physical infrastructure such as electricity, HBM, and optical interconnects are the true keys to wealth in AI hardware.

Why do cryptocurrency projects always like to change their names?

In many cases, the old names of encryption projects have no competitive advantage, only historical baggage.

Global Launch: As predictions become the most scarce asset in the AI era, Manadia is defining the next generation of the value internet

The trusted AI prediction ecosystem Manadia, which has secured $7 million in funding from well-known institutions like OKX, will globally launch in June. The core token UMXM has already been listed on multiple mainstream platforms, inviting you to seize the new blue ocean of the trillion-level predi...

Who is footing the bill for the $64 billion accounting frenzy?

Affected by Bitcoin falling below $60,000, publicly listed companies heavily invested in this asset are facing huge paper losses and valuation discounts, and their debt structure and accounting standards may trigger structural liquidity risks in the future.

I never expected that the first application of AI x Crypto would be in security auditing

AI has accelerated attack efficiency and also promoted the upgrade of defense systems. The security audit sector is undergoing a transition from a dividend model to a competitive model.

Contents

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com