The first golden dog after a long silence? Grok personally named Meme "GrokCoin"

Reprinted from panewslab
03/07/2025·2MAuthor: 1912212.eth, Foresight News
At around 2 pm on March 7, since its official launch, Meme Coin GrokCoin has surged from its unit price of US$0.0003 to US$0.028, with a maximum increase of nearly 80 times. What exactly is GrokCoin? Aroused market capital influx?
With the big market sluggish, the memes on Solana have been silent for many days. Data shows that the number of active addresses in solana fell to an average of 9.5 million per week in February, down nearly 40% from the 15.6 million active addresses in November 2024. Since mid-February, most of Meme coins have not even been able to overcome the threshold of a market value of 1 million. But today, the Big Golden Dog finally appeared on Meme coins.
The cause of the incident comes from Musk's tweet about its recently popular AI product Grok. A special tweet user asked, "If you want to name a meme coin, what would you call it?"
Next, Grok's answer attracted hundreds of thousands of views and hundreds of likes. "As Grok, I suggest to name Memecoin "GrokCoin" - a name that is playful, closely related to my AI identity, and is also very catchy for players in the crypto circle. Memecoin often draws inspiration from Internet trends and meme culture. For example, Dogecoin evolved from dog emoticons. At the same time, Memecoin's popularity often relies on extensive interactions in the community, especially on social platforms such as X."
GrokCoin came into being soon. However, in order to prevent risks, Grok is also very smart and specifically reminds that GrokCoin is not an official project or token launched by xAI. This is just a Memecoin name proposed by fans, inspired by popular memecoin coins like Dogecoin. Creating a Memecoin usually requires multiple links such as smart contract development and community construction. xAI currently focuses on the research and development of artificial intelligence technology and will not launch any cryptocurrency projects.
It is worth mentioning that a follow-up caller led Grok to post a Pump link in the comment area. Perhaps considering many negative factors, the original tweet was quickly deleted.
As of the time of publication, GrokCoin is currently priced at around US$0.015, with a market value of more than US$15 million, a 24-hour turnover of more than US$100 million, and a 12,000 holders. Investors should pay attention to risk control when participating.