Hot Development: Elon Musk Now Fired the Rockets of This Altcoin

Grok will be available for all X Premium users this week.

GROK Coin price increased by 15 percent.

Grok, the meme coin, has no connection with the artificial intelligence product Grok.

Market impact: Positive

The mischievous billionaire, who has not cared about crypto for a long time, continues to influence the markets with his posts. The announcement he just made caused the price of the token of the same name to increase rapidly. This meme is something we often see in coins, and it happened again today.

Grok Coin Rising

Elon Musk announced a few minutes ago that his AI Chat application will be available to all X Premium users. Previously available on Premium+ and in some regions, Grok will be available to all paid X subscribers in the coming days.

Following this post, the price of GROK Coin increased by 15%. We have seen many times that meme coins derived from Elon Musk's posts or products fluctuate depending on his movements on social media. As a matter of fact, the prices of cryptocurrencies such as Floki or Shiba Inu increased as these words were derived from Elon Musk's posts. The token in question has nothing to do with the artificial intelligence application Grok, and investors pursuing speculative trading see it as a meme.