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

WEEX Labs Lands at Dutch Blockchain Week: A Disruptive Crypto × AI Conversation Sets Sail in Amsterdam

WEEX Labs lands in Amsterdam for Dutch Blockchain Week with Agentic Day: The AI Infrastructure Economy — featuring a Cointelegraph exclusive interview with Waqar Zaka, a live AI trading competition (no code required, just natural language), and a keynote from WEEX COO Andrew Weiner. June 22. Register now: https://luma.com/lo977l6h

SK Hynix Reportedly Plans U.S. ADR Listing as Early as August, With SEC Approval Possible in Late June

SK Hynix may pursue a U.S. ADR listing as early as August, with SEC approval reportedly possible in late June amid strong AI chip supply chain demand.

SpaceX vs Tesla vs xAI: Which Elon Musk Trade Has the Biggest Upside in 2026?

SpaceX's IPO is days away, Tesla holds over 11,000 BTC, and xAI is betting big on AI. Here's how traders are comparing the three biggest Musk narratives.

OpenAI Reveals It Has Confidentially Submitted an S-1 to the SEC, Keeping the Door Open for a Future IPO

On June 9, according to an OpenAI announcement, the company recently confidentially submitted a draft S-1 registration statement to the U.S. Securities and Exchange Commission (SEC), beginning the preliminary compliance process for a potential initial public offering. OpenAI said it chose to disclose this proactively because it expected the news might leak; however, the company has not yet set a specific listing timeline, and related arrangements may still take some time.

Latest research from 13 top universities including Cornell University: The current state, challenges, and misconceptions of the fusion of Crypto and AI

The combination of AI and crypto is still in its early stages, with both serving as complementary "middleware": AI translates human intentions into executable programs, while cryptographic technology provides verifiable and tamper-proof guarantees for computational processes and results. In the dire...

Deconstructing Anthropic: The Best AI Company, Possibly Also a Type of Organizational Invention

Instead of competing with ambition, focusing on restraint, how does Anthropic leverage extreme strategic focus and an "counterintuitive" geek culture to counterattack OpenAI on the AI battlefield?

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