A meme coin inspired by Elon Musk’s artificial intelligence chatbot Grok is up 69% in the last week, following several Grok-related posts by Musk. What Happened: Grok surged 165% over the past month and is up 11% on the day, per DexScreener data. Trading volumes crossed the $10 million mark, with 18,090 holders and a liquidity of $5.3 million. The meme coin launched in November 2023 and shot to an all-time high valuation of over $180 million within a month. It is currently trading around a valuation of $130 million. The meme coin’s current rally may be caused by Elon Musk tweeting about Grok t…
