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Elon Musk’s AI-Generated Meme Coin ‘BYTE’ Claims Anti-Rug Pull Mechanisms
Elon Musk’s AI-Generated Meme Coin ‘BYTE’ Claims Anti-Rug Pull Mechanisms
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BYTE, the first fully AI-generated cryptocurrency launched directly on X (formerly Twitter), has rapidly grown to a $4 million market cap since its March debut. The token emerged from a conversational prompt to xAI’s Grok system, asking how it would name a dog and deploy a token through blockchain infrastructure provider Cliza.
Developers emphasize BYTE’s unruggable design, with BeInCrypto verifying wallet management protocols to prevent scams. The project positions itself as a ’digital companion’ gift from Elon Musk’s AI team, though market observers note the inherent volatility of meme coins despite technical safeguards.
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