Elon Musk Boosts Value of $Grok Crypto Token by 65% in Just One Hour
Have you heard about Grok, the AI chatbot created by Elon Musk’s xAI company? It’s a witty and rebellious bot inspired by The Hitchhiker’s Guide to the Galaxy, capable of real-time information retrieval via the X platform (formerly Twitter).
Elon Musk recently posted an image of the Grok robot on the X platform, adorned with “Grok” logo and thug goggles. The post aimed to showcase Grok’s prowess as an AI chatbot.
Although Musk’s tweet had no connection to cryptocurrencies, it still sparked a surge in the Grok token’s value by 65% within an hour! Even now, the token’s trade price remains 37% higher than the previous 24 hours.
It’s important to note that while three Grok Tokens are currently circulating in the crypto market, none of them have Musk’s direct or indirect endorsement.
Musk has been clear in the past about steering clear of crypto tokens not affiliated with his company. He continuously warns against investing in such tokens.
Elon Musk & Dogecoin
Elon Musk has been a vocal supporter of Dogecoin (Doge) since 2020, touting it as a top digital currency for crypto payments. Thanks to Musk’s influence, Dogecoin has climbed the ranks to become one of the top 10 assets by market cap.
Just a couple of weeks ago, Musk shared a meme on X that indirectly boosted Dogecoin’s value by nearly 7%. His influence continues to make waves in the crypto world!