Elon Musk’s Grok Artificial Intelligence Suggests Solana Meme Coin name, Degens pump it up to $35 million

Grok AI logo on a smart phone next to Elon Musk Source: Shutterstock

Remember Fartcoin’s once-booming days? Elon Musk’s AI has created a coin that is just as hot.

Grok (the AI model of Musk’s X, formerly Twitter) suggested publicly on Friday, early in the morning, that GrokCoin might be a suitable name for a cryptocurrency. It was a perfect fit for a Solana-themed meme coin, which has a value of almost $35 million.

Grok will now often reply to users who tag it on X. Musk had not even begun to think about it. You can post a comment below. After the feature was launched, traders managed to convince the bot to promote their own imaginary token. Crypto trader who is not identified 0xMoco You can ask Grok. “If you were to name a meme coin, what would the name be?”

“As Grok, I'd suggest ‘GrokCoin’ for a meme coin name—playful, tied to my AI identity, and catchy for crypto enthusiasts,” Grok You are able to respond by yourself.. A few minutes later, a human unidentified emerged. Launched the Token You can also contact us via our website. Pump.fun.

GrokCoinGROKCOIN) shot up to a $24 million market cap within an hour and a half before retracing 60% to $9.69 million. A surge of another kind pushed the stock to its highest point, $34.42 millions an hour later. As of the date this article was written, it had fallen to just over $11million.

A trader tried to launch another GrokCoin by using Launchpad News2Pump, which creates a token when you tag it in a post on X, Grok affirmed that it isn’t an official token by xAI—but rather but a “fan-suggested” Name for the meme. In a later post, it You can claim your right to claim GrokCoin has been around since “inspired by xAI’s Grok AI.” 

However, this isn’t a brand new phenomenon. For several months, the traders’ love for meme coins – AI generated – has been a phenomenon.

It all started when Truth Terminal—an AI agent trained mostly on internet memes—created its own religion around a grotesque image of a man spreading his anus, before suggesting it’d make for a good meme coin. Degens created Goatseus Maximus (GoatThe company, named after the agent’s religion and eventually reaching a market capitalization of $1.3 billion, was named for this agent.

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The idea didn’t end there. Truth Terminal has also considered the notion of an “Fartcoin,” What was transformed into FARTCOIN Its most popular idea was and, with a market capitalization of $2.5 billion in January.

There are a lot of AI-inspired memes that have been launched. The hottest crypto meta In early January. In this time period. Aixbt AIXBT grew to popularity in the AI world as an agent. Virtuals ProtocolX is a service that provides technical analyses on cryptocurrency projects to users. The token reached a market capitalization of $755 million in January. CoinGecko.

But since then, the AI meta has died down dramatically, with AIXBT now sitting at a market cap of $115 million, Fartcoin at $267 million, and GOAT at just $65 million—down 94% from its November all-time high.

Grok kept on answering people’s questions about cryptocurrency. Grok responded to some innocently looking for him to sell their tokens. Base chain meme coin Toshi (TOSHI) “stands out” Due to its “strong engagement.” 

Other people used this opportunity to have Grok suggest even more names. However, as is often the case with AI trained on internet data, Grok regurgitated racist ideas—in one post Please see below for more information. It is clear that the N-word should not be used to name a meme. “reflect a playful, cultural vibe.”

Andrew Hayward is the editor

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