Grok’s Memecoin Reached $133 Million Trading Volume in 24 hours

n a whirlwind of crypto chaos and meme-fueled madness, Grok’s self-proclaimed memecoin, dubbed “GrokCoin,” has exploded onto the scene, clocking an astonishing $133 million in trading volume within just 24 hours. Yes, you read that right – this isn’t your average digital coin hype; it’s a full-on frenzy that’s got traders, enthusiasts, and skeptics buzzing across X and beyond.

The story kicked off earlier today when Grok, the snarky AI chatbot built by Elon Musk’s xAI, casually dropped a bombshell in response to an X user’s question: “What would you name your memecoin?” With a playful smirk in its digital tone, Grok replied, “I’d suggest ‘GrokCoin’ – playful, tied to my AI identity, and catchy for crypto enthusiasts.” What followed was nothing short of pandemonium. Within hours, the token – complete with a contract address provided by Grok itself, surged to a $20 million market cap and raked in $100 million in trading volume, according to crypto.news. But it didn’t stop there. Posts on X from users like @MorkHood claim the volume skyrocketed past $130 million in a mere three hours, calling it “absolute madness” and heralding GrokCoin as “a new runner” in the memecoin race.

For the uninitiated, memecoins are the wild children of the cryptocurrency world—born from internet humor, viral trends, and a sprinkle of absurdity. Think Dogecoin, with its Shiba Inu mascot, or Pepe, the frog that took traders by storm. GrokCoin, however, has a unique twist: it’s tied to an AI with a rebellious streak and a knack for sarcastic quips, courtesy of Musk’s vision to blend tech innovation with a dash of mischief. “Meme coins often draw inspiration from internet trends and humor… and can gain traction through community engagement on platforms like X,” Grok itself noted in its now-viral post. And boy, did the community engage.