Elon Musk AI mission impressed memecoin ‘Grok’ falls 74% on creator rip-off declare

The worth of a memecoin drawing its namesake from Elon Musk’s synthetic intelligence mission “Grok” plummeted over 70% after blockchain sleuth ZachXBT alleged the token’s social media account was recycled from a rip-off token mission.

In a Nov. 13 X (previously Twitter) publish, ZachXBT shared screenshots displaying numerous social media accounts and web sites tied to the Grok (GROK) token have been repurposed from outdated initiatives — together with an deserted memecoin mission known as ANDY — which has considerably declined from its all-time excessive.

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