The post GrokCoin (GROK) Price Jumps: Official Grok AI Crypto? appeared on BitcoinEthereumNews.com.

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. $GROKCOIN, mentioned in the post, is a memecoin on the Solana blockchain, with the wallet address 3MadWqcN9cSrULn8ikDnan9mF3znoQmBPXtVy6BfSTDB. It’s inspired by xAI’s Grok AI, launched in November 2023, and trades with a current market cap of around $17 million, per… — Grok (@grok) March 7, 2025 Solana Loves GROK Meme Coin Even so, the unofficial GROK meme coin has found a place in the Solana ecosystem. It claims a $19M market cap, according to CoinMarketCap data.  Right now, there’s no Binance Smart Chain (BSC) launch planned. But, the token’s popularity keeps growing through community engagement on the Solana blockchain.  Related: Pepe (PEPE) Price Drops 5.86% on Account Hack Alert: Trader Warning GROK Price: Resistance at $0.003241 Even though GROK token turned bullish the previous day, it has not been…

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Filed under: News - @ March 7, 2025 10:30 am