A Token Named After Musk's AI Chatbot Grok Is Skyrocketing With 650% Gains
Portfolio Pulse from Mehab Qureshi
A token named GROKAI, inspired by Elon Musk's AI Chatbot Grok, has seen a 650% increase in value within a 24-hour period. The token was released by anonymous developers into the cryptocurrency community, garnering a significant market cap in the millions. However, Musk has stated that none of his companies will ever create cryptocurrency tokens. The current value of the GROKAI token stands at $0.023, with a total market capitalization of $406.75K.

November 09, 2023 | 3:40 am
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NEUTRAL IMPACT
Ethereum is mentioned in the context of tokens connected to influential figures, but no specific price or performance data is provided.
The news does not directly impact Ethereum, but the overall sentiment in the crypto market could influence Ethereum's price.
CONFIDENCE 80
IMPORTANCE 30
RELEVANCE 30
POSITIVE IMPACT
Bitcoin was trading at $36,338.55, up 2.29% in the last 24 hours.
The news does not directly impact Bitcoin, but the overall bullish sentiment in the crypto market could have a positive effect on Bitcoin's price.
CONFIDENCE 90
IMPORTANCE 50
RELEVANCE 50