The stock price increased fivefold in two days. Musk's Grok model has become the "code for wealth"

律动BlockBeats · 2023-11-08T05:03:12.000Z

Content directory: · Musk announced the release of the AI model Grok, causing discussion in the currency circle · There are more than 600 “GROK” tokens in the community Musk announced the release of the AI model Grok, sparking 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-powered conversational intelligence 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.

Contents:
Musk's announcement of the release of the AI ​​model Grok sparked discussion in the cryptocurrency circle
There are more than 600 "GROK" tokens in the community
Musk's announcement of the release of the AI ​​model Grok has sparked discussion in the cryptocurrency circle
According to BlockBeats, on November 5, Elon Musk said on social media that the AI ​​model Grok system has been released.
Grok, developed by Musk's company xAI, is an AI-based intelligent conversational program that will be available to premium users of Musk's social media platform X for $16 per month. Before Musk posted the tweet, only a few people were eligible to test Grok.
Grok, which was released before the OpenAI Developer Conference, not only attracted the attention of artificial intelligence enthusiasts, but also caused exciting discussions in the cryptocurrency community. According to reports, Grok can obtain the latest knowledge from X's tweets in real time, which can be regarded as Grok's "moat" advantage compared to other AI models. X is regarded as the most active social platform for cryptocurrency community enthusiasts.
A screenshot circulated on X shows that when Grok was asked about the latest developments of SBF, Grok responded, "I have explosive news for you! Our friend Sam Bankman-Fried, the former cryptocurrency tycoon, was found guilty in his fraud trial. Can you believe it?"
There are more than 600 "GROK" tokens in the community
For the cryptocurrency community, a highly-watched name will not just be discussed in the exchange, and Grok has unsurprisingly become the object 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 ups and downs.
Among them, the meme project with Twitter (formerly X) handle @GROKERC20 has the largest increase, with the price rising more than 5 times in 2 days, and the price is $0.0029 at the time of writing. Currently, the market value of the GROK token exceeds $18 million, and the trading volume exceeds $6 million.
According to its official Twitter and website, the meme token has temporarily designed a logo and website page based on the concept of xAI, and placed the token contract in a prominent position. Its Telegram channel currently has nearly 3,000 people.
In addition, the GROK token has also appeared in the recently popular brc-20 ecosystem. The 24-hour increase once exceeded 300%, and the number of transactions exceeded 50,000 in the four days since its launch. According to OKX data, the transaction volume of GROK ranks 9th among brc-20 tokens.
BlockBeats reminds that the current meme and BRC market is dominated by FOMO sentiment, and most tokens and inscriptions show drastic capital rotation, so investors need to participate with caution.