When Opportunity Knocks…Make a Meme Coin?

TL;DR

• Degens pushed GROK (an Elon Musk-inspired meme coin) to a $160M market cap, in simply 8 days of existence – and within the final 24hrs, its value has greater than 2x’d.

• Additional proving our concept from a earlier article: now that the market’s total value/sentiment is up, buyers have began taking their silly tablets once more.

Full Story

When alternative knocks…

You make a cryptocurrency.

(Is that how the saying goes?)

However truthfully, that is just about what most meme cash do.

Give it some thought:

They discover one thing with social traction → title a cryptocurrency after it → poof you get Floki Inu.

Or GROK.

What do these two cryptocurrencies have in frequent?

Elon Musk.

(Floki Inu is known as after his canine, Floki, and Grok is known as after his new AI platform).

Why? As a result of love him or hate him, the person has a knack for creating cultural tailwinds.

After asserting Grok AI, an app inside X (tbt to Twitter) simply final week, new cryptocurrencies popped up on a number of blockchains – the primary and most profitable one being GROK.

Little doubt the token will vanish into obscurity in due time, however for now…

Buyers have pushed the token to a $160M market cap, in simply 8 days of existence – and within the final 24hrs alone, the value has greater than doubled.

Additional proving our concept from at this time’s first article:

Now that the market’s total value/sentiment is up, buyers have began taking their silly tablets once more.