Elon Musk’s Grok 3 Announcement Sparks 85% Surge in Grok Token

Quick Summary:

Elon Musk’s AI venture, xAI, is setting the stage for another major shakeup in the artificial intelligence sector with the launch of Grok 3.

The announcement, made via Musk’s X account, triggered a 50% rally in the Grok token’s value.

However, despite the recent gains, the token remains 81% below its all-time high of $0.02971, which was recorded in November 2023 during the initial launch hype.

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Article Details

Author / Journalist: Zayan

Category: Crypto

Markets: United Arab EmiratesChina

Topics: GROK Market News Elon Musk AI Market Updates

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-17 @ 08:48:01 (6 days ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 563 words

Reading Time: 4 minutes read

Sentences: 37 lines

Sentence Length: 16 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TheNewsCrypto

News ID: 26221573

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