AI Personally Names Coin, Single Reply Brings GrokCoin to $34 Million Market Cap
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.

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.
You may also like

Key Market Intelligence for February 5th, how much did you miss out on?

Wintermute: By 2026, crypto had gradually become the settlement layer of the Internet economy

Tether Q4 2025 Report: USDT Market Cap Nears $190 Billion, Multiple Metrics Reach All-Time Highs

Kyle Samani's about-face, one of the biggest believers in web3, has also left the industry

Bhutan Quietly Sells Over $22M in Bitcoin, Drawing Speculation Over Possible Moves
Key Takeaways Bhutan has transferred over $22 million in Bitcoin from sovereign wallets in the past week. The…

BitMine Endures a $7B Unrealized Loss as Ethereum Dips Below $2,100
Key Takeaways BitMine is facing a significant financial challenge with an unrealized loss of over $7 billion in…

Trump-Linked World Liberty Financial Under Scrutiny Following $500 Million UAE Stake
Key Takeaways A U.S. House investigation is examining a $500 million UAE stake in Trump-related World Liberty Financial.…

Asia Market Open: Bitcoin Tumbles as Asian Equities Reflect Global Tech Retreat
Key Takeaways: Bitcoin’s price plunged by 6% to $72,000, reflecting the spillover effects from the global tech sector’s…

Crypto Firms Propose Concessions to Banks as Stablecoin Disputes Stall Key Crypto Bill
Key Takeaways: Crypto companies are attempting to navigate stablecoin disputes with banks but agreements remain elusive. Industry representatives…

CoolWallet Introduces TRON Energy Rental to Minimize TRX Transaction Costs
Key Takeaways CoolWallet has integrated TRON’s energy rental services, offering users lower transaction fees while maintaining asset security.…

CFTC Officially Withdraws Biden-Era Proposal to Ban Political and Sports Prediction Markets
Key Takeaways: The CFTC has rescinded a 2024 proposal and subsequent 2025 advisory that aimed to prohibit event…

Binance Says Assets Rose Amid Alleged Bank Run Attempt
Key Takeaways: Binance reported an unexpected increase in assets during a community-driven withdrawal campaign, challenging conventional expectations of…

Same Macro Tape, Different Bid – Gold Absorbs Flows as Bitcoin Swings
Key Takeaways: Gold is experiencing significant demand growth, especially via ETFs and central banks, projecting a robust performance…

Crypto Price Prediction Today, February 4 – Focus on XRP, Cardano, and Dogecoin
Key Takeaways Bitcoin is facing significant pressure, affecting the entire cryptocurrency market, including heavyweights like XRP, Cardano, and…

Vitalik Buterin Urges Ethereum Builders to Innovate Beyond Clone Chains
Key Takeaways Vitalik Buterin criticizes the trend of creating copy-paste EVM chains, encouraging developers to focus on truly…

Best Crypto to Buy Now February 4: XRP, Solana, Hyperliquid Picks
Key Takeaways XRP remains one of the top picks for cross-border transactions due to its high speed and…

XRP Price Prediction: Ripple Quietly Unlocks a Billion Tokens – Is a Price Shock Coming in the Next Few Hours?
Key Takeaways Ripple has released one billion XRP tokens into the market, potentially causing a shift in XRP…

Google’s Gemini AI Predicts the Price of XRP, Ethereum, and Solana By the End of 2026
Key Takeaways Google’s Gemini AI forecasts significant growth for XRP, anticipating a price of up to $8 by…
Key Market Intelligence for February 5th, how much did you miss out on?
Wintermute: By 2026, crypto had gradually become the settlement layer of the Internet economy
Tether Q4 2025 Report: USDT Market Cap Nears $190 Billion, Multiple Metrics Reach All-Time Highs
Kyle Samani's about-face, one of the biggest believers in web3, has also left the industry
Bhutan Quietly Sells Over $22M in Bitcoin, Drawing Speculation Over Possible Moves
Key Takeaways Bhutan has transferred over $22 million in Bitcoin from sovereign wallets in the past week. The…
BitMine Endures a $7B Unrealized Loss as Ethereum Dips Below $2,100
Key Takeaways BitMine is facing a significant financial challenge with an unrealized loss of over $7 billion in…