A token produced based on the artificial intelligence model called Grok, introduced by Elon Musk, gained a market value of 160 million dollars in eight days.
In one week, according to DEXTools data more than 20 times Grok (GROK), which has gained value, has almost doubled its price from yesterday to today.
GROK, which has more than 11,000 investors, saw a transaction volume of $28.6 million in the last 24 hours.
The artificial intelligence model introduced by Elon Musk has led to the production of Grok-related tokens on many blockchains. While some of them experienced rug pull cases, some of them could not gain enough momentum.
Some investors who invested in GROK early millions of dollars in unrealized profits is available. However, according to DEXTools data, there is only $1.8 million liquidity for the GROK-USD pair. Selling a large amount of tokens in a single transaction can significantly affect the price.