Home GROK Skyrockets 25% After Elon Musk Tweet

GROK Skyrockets 25% After Elon Musk Tweet

Share
Share

GROK Skyrockets 25% After Elon Musk Tweet

Grok is an AI chatbot created by Elon Musk’s AI company, xAI, that draws inspiration from The Hitchhiker’s Guide to the Galaxy and is renowned for its witty and rebellious replies. Grok can also

gather real-time information through the X platform.

Although the tweet wasn’t related to any cryptocurrency project or token, many individuals interpreted it as a positive indicator for the $GROK token.

The Grok price has seen a significant increase, with a 25% surge in the past 24 hours and 51% in the past week. This is due to Elon Musk’s post on X featuring a robot with the “Grok” logo, an AI chatbot created by xAI.

The GROK price has reached a strong support indicating a potential shift towards a bullish trend. The price has also exceeded the 50-day and 200-day simple moving averages, strengthening bullish sentiment and providing short-term support.

(With inputs from Shikha Singh)

Share

Latest News

News

Record Short Interest Hits Strategy While Bitcoin ETF Trades Rise

Key Takeaways Strategy is now one of the most shorted big stocks. About 14% of its value is sold short. Traders short...

News
Consumer Crypto App ‘Based’ Bags $11.5M Led By Pantera

Consumer Crypto App ‘Based’ Bags $11.5M Led By Pantera

A Series A round led by Pantera has secured $11.5 million for Based, a Web3 consumer app for trading and spending cryptocurrency....

News
Ethereum Foundation’s

Ethereum Foundation’s 70K ETH Staking Plan Signals Long-term Sustainability Push

Key Takeaways The Ethereum Foundation will stake 70,000 ETH to earn steady rewards. It will use this money to fund research, help...

News
Layer-1 Blockchain Network NEAR Unveils Its New Super App

Layer-1 Blockchain Network NEAR Unveils Its New Super App

NEAR, the Layer-1 blockchain platform, is positioning itself at the confluence of cryptocurrency and artificial intelligence (AI) with the introduction of Near.com,...

Latest Blogs

Crypto Market Timings: When Is The Best Time To Trade In India & Worldwide?

All those who trade, whether in stock markets or crypto, understand that timing is what makes or mars your fortunes in trading. However, even though...

Why Supply Chain Management Can’t Survive Without Blockchain

Supply chain management is an integral part of giant companies around the globe but traditional methods are seen to be far more...

Is An AI Agent Managing Your DeFi Portfolio?

Imagine relaxing like a couch potato and your personal AI assistant is doing all the work for you, be it booking a...

What Are Crypto ETFs & Advantages Of Investing In Bitcoin ETFs?

Ever wondered what are ETFs and why is everyone suddenly talking about Bitcoin ETFs? Well, ETFs are one of the major reasons...

Related Articles

Crypto Market Timings: When Is The Best Time To Trade In India & Worldwide?

All those who trade, whether in stock markets or crypto, understand that...

Why Supply Chain Management Can’t Survive Without Blockchain

Supply chain management is an integral part of giant companies around the...

Is An AI Agent Managing Your DeFi Portfolio?

Imagine relaxing like a couch potato and your personal AI assistant is...

What Are Crypto ETFs & Advantages Of Investing In Bitcoin ETFs?

Ever wondered what are ETFs and why is everyone suddenly talking about...