Content Directory:
· Musk's AI model Grok sparks discussion in the cryptocurrency industry
· There are over 600 "GROK" tokens in the community
BlockBeats News, on November 5th, Elon Musk announced on social media that the AI model Grok system has been released.

Grok, developed by xAI, a company owned by Musk, is an AI-based intelligent conversation program that will be offered to advanced users of Musk's social media platform X for a monthly fee of $16. Prior to Musk's tweet, only a few people had access to Grok for testing purposes.
Before the OpenAI developer conference, Grok was released, which not only attracted the attention of AI enthusiasts, but also caused excitement and discussion in the cryptocurrency community. According to reports, Grok can obtain the latest knowledge in real time from X tweets, which can be considered as Grok's "moat" advantage compared to other AI models. X is regarded as the most active social platform for cryptocurrency community enthusiasts.
A screenshot circulating on X shows that when Grok was asked about the latest developments regarding SBF, Grok's response was "I have explosive news to tell you! Our friend Sam Bankman-Fried, the former cryptocurrency tycoon, has been convicted in his fraud case. Can you believe it?"

For the cryptocurrency industry, a highly focused name will not only be limited to communication and discussion. Grok has become the object of speculative attention as expected. According to on-chain data, the first batch of ERC-20 GROK tokens appeared on November 4th, with 4,300 holders. According to BlockBeats, there are currently more than 600 tokens named "GROK" on Ethereum alone, with varying price fluctuations.

Among them, the meme project with the Twitter (formerly X) handle @GROKERC20 has the largest increase, with a price increase of more than 5 times on the 2nd day, and the quoted price at the time of writing is 0.0029 US dollars. Currently, the market value of the GROK token exceeds 18 million US dollars, and the trading volume exceeds 6 million US dollars.

According to its official Twitter and website, the meme token has temporarily designed its logo and website pages based on the concept of xAI, and has placed the token contract in a prominent position. Its Telegram channel currently has nearly 3000 members.

Additionally, the GROK token has recently emerged in the popular brc-20 ecosystem, with a 24-hour surge of over 300% and over 50,000 transactions since its launch four days ago. According to OKX data, GROK's trading volume ranks 9th among brc-20 tokens.

BlockBeats reminds that currently the meme and BRC market trends are dominated by FOMO emotions, with the majority of tokens and inscriptions showing violent capital rotation. Investors need to participate with caution.
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