Elon Musk's Grok AI Suggests a Solana Meme Coin Name, Degens Pump It to $35 Million

Remember the once-booming Fartcoin? Well, the same kind of situation that just birthed that viral meme coin just gave life to another hot coin, thanks to Elon Musk’s AI model.

Grok, the AI model native to Musk’s X (formerly Twitter) social media platform, publicly suggested early Friday that GrokCoin would be a good name for a meme coin. And like clockwork, someone spun it up into a real Solana meme coin that’s been pumped to a market cap of nearly $35 million as of this writing.

As of Friday, users can tag Grok on X and it will often respond. Before Musk could even post that the feature had gone live, crypto traders had managed to get the bot to shill its own theoretical token. Pseudonymous crypto trader 0xMoco asked Grok, “If you were to name a meme coin, what would the name be?”

“As Grok, I'd suggest ‘GrokCoin’ for a meme coin name—playful, tied to my AI identity, and catchy for crypto enthusiasts,” Grok responded. Minutes later, an unidentified human launched the token via Pump.fun.

GrokCoin (GROKCOIN) shot up to a $24 million market cap within an hour and a half before retracing 60% to $9.69 million. But then another surge pushed it to a peak of $34.42 million an hour later. It has since fallen to nearly $11 million as of this writing.

When a trader attempted to launch another GrokCoin using launchpad News2Pump, which creates a token when you tag it in a post on X, Grok affirmed that it isn’t an official token by xAI—but rather but a “fan-suggested” meme coin name. In a later post, it claimed that GrokCoin was “inspired by xAI’s Grok AI.” 

This isn’t anything new, however. For months now, traders have had a love affair with meme coins manifested by AI agents, driving some to startling heights.

It all started when Truth Terminal—an AI agent trained mostly on internet memes—created its own religion around a grotesque image of a man spreading his anus, before suggesting it’d make for a good meme coin. This caused degens to create Goatseus Maximus (GOAT), named after the agent’s religion, which eventually hit a $1.3 billion market cap.

Crypto Trader Turns $5K Into $1.5 Million With Lucky Bet on GOAT Meme Coin

In less than a week, a trader who bought $5,500 of a Solana meme coin has seen their position surge to a value of over $1.5 million—and they’ve already cashed out $1.1 million of that. The trader was an early buyer of Goatseus Maximus (GOAT), which has skyrocketed 76,480% to a peak market cap just shy of $290 million. Created via Pump.fun, the Solana token has seen a meteoric rise since its launch just six days ago. GOAT was conceived by “Truth Terminal,” a Twitter-based AI chatbot that uses Met...

It didn’t stop there, however. Truth Terminal also pondered the concept of a “Fartcoin,” which was turned into FARTCOIN and became its most successful idea, peaking at a $2.5 billion market cap in January.

Loads of other AI-inspired meme coins launched, briefly yielding crypto’s hottest meta in early January. During this period, Aixbt (AIXBT) grew in popularity as an AI agent, launched through the Virtuals Protocol, which replies to X users providing technical analysis on crypto projects. Its token peaked at a $755 million market cap in January, according to CoinGecko.

But since then, the AI meta has died down dramatically, with AIXBT now sitting at a market cap of $115 million, Fartcoin at $267 million, and GOAT at just $65 million—down 94% from its November all-time high.

'AI Gaming Will Be Massive': Elon Musk Shares Game Created With Grok, ChatGPT

A novice video game developer created a flight simulator game entirely using artificial intelligence—and Tesla CEO and X owner Elon Musk took notice, praising the project and sharing it to his 219 million followers amid his recent claims that he plans to launch his own AI game studio. On Saturday, entrepreneur Pieter Levels created a bare-bones flight simulator called Pieter.com Flight Simulator, in a matter of hours, by giving AI code editor Cursor a short prompt and some follow-up questions. H...

Still, Grok continued replying to people about crypto. Some rather innocently looked for Grok to shill their existing tokens, with the AI agent stating that Base chain meme coin Toshi (TOSHI) “stands out” due to its “strong engagement.” 

Others used the opportunity to get Grok to suggest more token names. However, as is often the case with AI trained on internet data, Grok regurgitated racist ideas—in one post suggesting that naming a meme coin after the N-word would “reflect a playful, cultural vibe.”

Edited by Andrew Hayward