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The value of a memecoin drawing its namesake from Elon Musk’s synthetic intelligence undertaking “Grok” plummeted over 70% after blockchain sleuth ZachXBT alleged the token’s social media account was recycled from a rip-off token undertaking.
In a Nov. 13 X (previously Twitter) publish, ZachXBT shared screenshots displaying varied social media accounts and web sites tied to the Grok (GROK) token have been repurposed from outdated tasks — together with an deserted memecoin undertaking known as ANDY — which has considerably declined from its all-time excessive.
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