GROK Token, Inspired by Elon Musk’s X AI, Dropped 50% After Being Linked to a ‘Scammer’

GROK, an X AI-inspired token, lost nearly $100 million in capitalization in the past 24 hours as its developer was linked to previously rug-pulled projects. The token is inspired by, but is completely unrelated, to Grok AI, a chatbot service by Elon Musk-owned X that’s currently in beta testing.

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