Elon Musk AI project inspired memecoin ‘Grok’ falls 74% on creator scam claim

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A memecoin drawing its name from the Grok AI project plummeted after allegations its social media account was recycled from that of a former scam token.

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Elon Musk AI project inspired memecoin ‘Grok’ falls 74% on creator scam claim

A memecoin drawing its name from the Grok AI project plummeted after allegations its social media account was recycled from that of a former scam token.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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