🔥✈️ Inspired by Elon Musk initiative,
Memecoin surges more than 1000 percent
Although XAI, Elon Musk's artificial
intelligence initiative, has no connection with
the GROK product, the increasing meme coin
GROK has risen by 1050 percent in the 7 days
since it was launched.
GROK, one of the meme coins that crypto
investors have shown interest in recently,
continues its sharp rises. GROK, a product of
XAI announced by Elon Musk last week, was
announced on November 5, while the token
was revealed on November 7.
Hard fall after hard exits
The token increased by 1050% in 7 days and
peaked yesterday. Meme coin, which reached
the level of $ 0.024 on November 13,
experienced a sharp decline today and lost
more than 50 percent in value. The token
price is trading at about $0.011 in the minutes
when the news was written.
Regarding Grok from the xAI account on the X
platform, “Grok is the story of a hitchhiker's
trip to space. You can ask him anything, and
he also prepares the best questions to ask
â€
you.
Crypto researcher ZachXBT, who wrote on
the subject from his Twitter (X) account,
informed that Grok's X account had
previously been used in other fraud projects.
Elon Musk, on the other hand, stated last
week that none of his projects will issue a
token.
It is worth reminding that this Grok account
also has nothing to do with Musk's Grok
product.