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Grok’s self-named memecoin ‘GrokCoin’ reaches $20 million in market cap

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Grok’s self-named memecoin ‘GrokCoin’ reaches $20 million in market cap

Elon Musk’s AI chatbot Grok’s self-named GrokCoin has accumulated a market cap of $20 million and a trading volume of $100 million just an hour after its launch. On March 7, an X user asked the social media platform’s built-in AI chatbot Grok what it would name its memecoin. Grok then responded to the query, … Read more

Memecoin market cap surges 5% as prosecutor aims to freeze $110m in LIBRA assets

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Memecoin market cap surges 5% as prosecutor aims to freeze $110m in LIBRA assets

The memecoin market saw a 5% boost in overall market cap not long after a prosecutor said he wants to freeze $110 million as part of an investigation into the LIBRA meme coin scandal. On March 6, the overall market cap for memecoins nearly reached $62 million, surging by 5% in the past 24 hours … Read more