GrokCoin (GROK) Price Pumps as Traders Eye Official Grok AI Crypto Link; xAI Says “Not Official”

• Elon Musk’s AI chatbot Grok has confirmed that xAI is not working on an official token.
• A Solana-based GrokCoin (GROK) has shot up 8% to claim a market cap of $19 million. 
• GROK meme token faces resistance at the 20-day EMA at $0.003241.

GrokCoin (GROK), a meme token taking inspiration from Elon Musk’s AI chatbot Grok, has been getting attention even though it has no official link to xAI. 

The coin, currently trading at $0.003080, is up 8.8% over the last day. People are talking more and more about whether xAI might ever launch an official crypto project.

Funny Thing Is, It Started with a Chatbot

Interestingly, the discussion of an official GROK token came from a casual exchange on social media platform X. A user asked the chatbot what it would name its memecoin, if it ever were to have one. Grok answered, “GrokCoin.” 

Crypto fans got excited; however, xAI quickly made it clear that the token is not official. The company is still working on AI advancements; not cryptocurrency launches.

Solana Loves GROK Meme Coin

Even so, the unofficial GROK meme coin has found a place in the Solana e…

The post GrokCoin (GROK) Price Pumps as Traders Eye Official Grok AI Crypto Link; xAI Says “Not Official” appeared first on Coin Edition.