How Does Elon Musk’s AI Bot ‘Grok’ Impact Crypto?
It’s finally happening — Elon Musk’s OpenAI competitor, Grok AI is set to launch sometime this week. Grok AI will change the way we use X, formerly known as Twitter. But, how will Grok impact Crypto?
Well, anon, I’m glad you asked.
First and foremost there’s an alt-coin called ‘Grok’.
However before dumping any money into the coin, Grok crypto is not officially linked to Elon Musk nor Grok AI.
$GROK is the meme of @X (100M mcap)$Q is the meme of @OpenAI (5M road to 10M and beyond)$TAONU is the meme of @bittensor_ $TAO (1M mcap)
You have now the big picture.
— Picaro🩸 (@Crypto_Picaro) November 26, 2023
Before dismissing the alt coin entirely, this is the season of meme crypto.
Do with that as you will.
Grok AI’s impact on crypto
As I typically do most mornings, I was scrolling though X when I noticed a brilliant thread.
1/5 Grok AI will be integrated into X next week, affecting crypto as well.
You’ll be able to find trending tokens without endlessly scrolling through X for hours.
My worry? X launched AI without addressing the bot problem: 🧵 pic.twitter.com/LydnAEtYjp
— Ignas | DeFi Research (@DefiIgnas) November 22, 2023
Instead of digging deep into random X threads — Grok AI could be our personal alt-coin locator.
This means that Grok can highlight the top trending coins in crypto — in real time.
This has tremendous potential.
But before we declare Grok AI as a crypto super computer, let’s address the bot problem.
X still has an insanely high number of bots, or accounts that aren’t human run.
Bots inflate X post impressions, like say Joe Biden’s for example.
You may also be interested in our Grok AI vs. ChatGPT comparison.
Will Grok Crypto surge with Grok AI launch?
If you’ve been reading the blog, you’ll know there is no sure fire way to predict meme coins.
With that said, I could see Grok crypto getting some decent volume with the launch hype.
However, with any ‘asset’ investment, when everyone is talking about it, it’s too late.
In conclusion, Elon Musk continues to innovate.
With Grok AI, he’s giving crypto and stock traders, like you and me, more tools to add to our arsenal.
This is another step forward in the long-term plan.
See also: Crypto Price Predictions for 2030: SOL | BTC | ETH | LINK
