Posted 11/30/2023, 5:21:05 AM
New Crypto Token Surges on Name Tie to Musk's AI Project, Despite His Stance Against Crypto
- New crypto token named GROK2, related to Elon Musk's AI chatbot venture, surges 2,000% to $0.0004571
- Rally coincided with Musk telling advertisers to "go f*ck yourself" for threatening to pull ads from X
- Token likely rising due to name association with Grok chatbot, though Musk said his companies won't make crypto tokens
- Creating new crypto tokens is easy; decentralized exchanges provide quick liquidity
- Bitcoin trading at $37,979, up 1% in last 24 hours