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

SharpLink CEO: How to understand that Ethereum developers have just surpassed 1 million?

The most important question in the cryptocurrency industry is not which chain is the fastest, but rather where top builders choose to build in the long term. Ethereum has just surpassed one million cumulative developers; what does this number mean?

Morning Report | MiCA grace period expires on July 1; Kalshi's trading volume in the first week of the World Cup breaks $5.1 billion, setting a record

Overview of Important Market Events on June 15

The foundation of SpaceX's trillion-dollar valuation: Who is dividing Musk's annual capital expenditure of tens of billions?

SpaceX Supply Chain Revealed: The Invisible Gold Mine Behind the Trillion-Dollar "Space Dream," from Nvidia's Computing Power Monopoly to China's Sole Supplier of Special Materials, these overlooked water-selling talents are the true wealth creation engine.

How to exit after asset tokenization?

Currently, three models have emerged, aimed at providing instant exit routes for tokenized real-world assets. Their differences lie in: who holds the funds required for exit, how efficiently the funds operate, and the extent to which this model can be scaled across different asset types.

The stablecoin positioning battle escalates: When compliance is just a ticket to entry, will USD1 become the biggest winner?

How does the GENIUS Act reshape the stablecoin landscape?

A16Z: The sun bears witness, SpaceX is worth 7.5 trillion

A deep analysis of Musk's ultimate grand vision: how SpaceX, xAI, and Tesla are deeply intertwined, using space AI data centers and Starships to gradually turn the sci-fi fantasies of Mars colonization and multi-planetary civilization into reality.

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