Grok (ETH: $GROK) is a meme coin inspired by Grok AI, an AI chatbot based on an LLM created by Elon Musk’s xAI. It is designed to bring together a community of like-minded people who believe Grok AI is the best alternative to ChatGPT.
A Deep Dive Into GROK
Grok AI was created as a competitor to the ChatGPT AI, which many believe has inbuilt political biases, which is trying to “destroy humanity.” The Grok platform leverages real-time information, and will be integrated into new Tesla models.
Recently, the xAI announced the launch of Grok 3, which is expected to have more powerful capabilities. With Musk hyping the launch, it generated a lot of interest online, which has led to an increase in interest in the $GROK meme coin.
As with most meme coins, $GROK has no real-world use cases outside of being a celebration of the Grok 3 LLM. It aims to promote the use of conversation AI technology that features humor and unparalleled intelligence. The meme coin has 6.32 billion tokens in circulation, with 303 million tokens burned.
$GROK Market Performance
As of Tuesday, February 18, 2025, $GROK has a market cap of $24.39M, with a 24-hour trading volume of $15.01 million. The token hit an all-time high of $0.02971 on November 28, 2023; since then, its price has fallen 86.93% to $0.003847 per token. Since its all-time low of $0.000001369 on November 4, 2023, the token has soared an astounding 282,293.51%.
GROK is listed on numerous centralized exchanges such as Bitget, MEXC, Gate.io, BingX, HTX, BitMart, LBank, and XT.COM. It is also listed on various decentralized exchanges such as Uniswap V2, V3, and OpenOcean.
According to the address analytics, 44.26% are cruisers, 10% are traders, and 45.74% are holders. The on-chain data shows that there are over 20.929 wallet addresses, with over 514,093 transactions to date.
Social Media Following
Grok has a huge online community, with 23,698 members in its Telegram group.
Should You Add GROK To Your Portfolio?
As with most meme coins, the most important indicators of suitability are staying power, the community, and the likelihood of going viral. $GROK ticks all these boxes; it is based on Grok AI, which is owned by Elon Musk, a well-known figure in crypto circles.
Additionally, there is a chance it could go super viral if Musk ever retweets one of the memes created by the $GROK community. Finally, the token has proven its staying power; launched in 2023, the token has a market cap of over $20 million, which proves it has a dedicated community behind it. Based on all of these positive factors, adding $GROK to your portfolio could potentially pay off in the long run.
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