Elon Musk Unveils Grok, a Game-Changing AI Assistant

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Source: CoinDesk
Elon Musk Unveils Grok, a Game-Changing AI Assistant
Photo: CoinDesk
TL;DR Summary

Inspired by the launch of Grok, an AI chatbot service, anonymous developers have released nearly 400 GROK tokens on various blockchains, with a combined market capitalization of tens of millions of dollars. These tokens can be easily created and traded on decentralized exchanges, attracting short-term traders looking to profit from the hype. While some early investors have made significant gains, others have fallen victim to developers "rug pulling" and suffered losses. This trend of creating tokens based on popular topics is not new, often resulting in a rapid decline in value.

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