Grok4 Goes Live: Elon Musk’s AI Breakthrough Sends Crypto Market Soaring $220M Overnight
Elon Musk strikes again—this time with Grok4's explosive debut. The AI crypto sector just got a $220 million adrenaline shot, proving once more that where Musk treads, markets follow (and occasionally trip over themselves).
The Ripple Effect
No white papers, no roadmaps—just raw hype velocity. Traders piled into AI-linked tokens like it was 2021 all over again, chasing the scent of algorithmic gold. Meanwhile, Bitcoin maximalists muttered into their proof-of-work ledgers.
Numbers Don't Lie (But Narratives Bend)
That quarter-billion dollar surge? Pure speculative froth—the kind that makes traditional VCs simultaneously salivate and short-circuit. Remember when 'AI' and 'blockchain' were dirty words? Now they're the financial sector's favorite casino chips.
As the dust settles, one truth remains: in crypto, the only thing faster than a bull run is the collective amnesia that follows every correction. Place your bets—the house always wins.
Grok4 unveiled alongside AI cryptos rally
The AI category of tokens observed a nearly 6% increase in their market capitalization in the 24 hours between Wednesday and Thursday, as seen on CoinGecko. The AI token market cap is $26.05 billion at the time of writing, and the 24-hour trade volume in the category crossed $3.12 billion.
Top AI sectors market cap | Source: CoinGecko
Bittensor (TAO), Near Protocol (NEAR), Internet Computer (ICP), Artificial Superintelligence Alliance (FET), and Render (RENDER) gained between 4% and 7% in the last 24 hours. The tokens could extend gains if demand for AI cryptos is consistent among market participants.
I would expect Grok to discover new technologies– Elon Musk
Elon Musk believes that Grok4 is smarter than “almost all graduate students in all disciplines simultaneously,” and expects the AI model to discover new physics as early as next year. Musk’s AI firm xAI launched two versions of the new model: Grok4 is a single-agent version, and Grok4 Heavy is a multi-agent version.
Musk declared that both models come bundled with SuperGrok tiers, and users will access a network of Grok agents that assist them with their research and productivity.
In the 2025 market cycle, AI-related developments and updates have catalyzed a rally in AI agent and launchpad tokens. It remains to be seen whether the ongoing AI crypto rally is sustainable.
