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Market cap of Musk Grok AI-inspired token soars to $160 million, highlighting speculative fervor in cryptocurrency markets
A token inspired by Grok AI, the artificial intelligence service owned by Elon Musk, has soared to a market capitalization of $160 million just eight days after its launch. The token joins a series of speculative frenzies this year, from frog-themed tokens to hamster races. According to DEXTools, the price of Grok (GROK) has more than doubled in the last 24 hours, extending a week-long rally to $130,00%. This means that $100 invested in these tokens could result in $13,000 in seven days...- 3.2k
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