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The Grok price has surged 25% in the past 24 hours and 51% over the past week to trade at $0.01434 at 6:32 p.m. EST on a 921% surge in trading volume to $78 million.
This follows a post by Elon Musk on X that featured a robot adorned with the “Grok” logo The Grok robot is depicted sitting at a table wearing cool-looking goggles.
— Elon Musk (@elonmusk) April 26, 2024
Grok is an AI chatbot created by Elon Musk’s AI company, xAI, that draws inspiration from The Hitchhiker’s Guide to the Galaxy and is renowned for its witty and rebellious replies. Grok can also gather real-time information through the X platform.
Although the tweet wasn’t related to any cryptocurrency project or token, many individuals interpreted it as a positive indicator for the $GROK token.
Grok Price Bulls Initiate A Rally On A Double Bottom Pattern
The GROK price has hit a strong support level at $0.007688, forming a double-bottom pattern. This pattern usually indicates a potential shift towards a bullish trend, aiming for a recovery.
GROKUSDT Analysis, Source: Tradingview.com
Despite the extended period of decline, the support area has held firm, allowing the bulls to regain control. This resilience suggests a lasting upward trend that could potentially propel the price beyond $0.01365,
Additionally, the GROK price has exceeded the 50-day and 200-day simple moving averages, strengthening the bullish sentiment and providing short-term support.
The Relative Strength Index (RSI) has surged, crossing over the 50 midline into the overbought zone at 79. This indicates a significant increase in buying pressure compared to previous levels.
Grok Price Bulls Aim For The March 27 High At $0.02146
The GROK price is on a clear upward trajectory, backed by the 50 and 200 SMAs and the RSI. This support has led to a breakthrough, pushing the price past $0.013273. If the bulls gather more momentum, they could propel the price even higher, aiming for the $0.02146 level.
However, potential buyers should consider the possibility of a market downturn that could wipe out current gains. In such situations, the $0.01199 support zone becomes crucial for the bulls to rely on.
WienerAI Presale Blasts Past $500K
As the Grok price surges, WienerAI, a new, lighthearted and playful meme coin with mysterious AI powers, is gaining attention.
The project’s presale has already raised over $509k, riding the popularity of meme coins and AI tokens. With its sights set on emulating and surpassing the success of dog-themed meme coins like Dogecoin, WienerAI (WAI) is quickly becoming a viral sensation.
Hold onto your hotdog-shaped hats. 🌭🎩
We just SMASHED through $350K
Obligatory rocket emojis incoming…..🚀🚀 pic.twitter.com/TrkwWmT62t
— WienerAI (@WienerDogAI) April 26, 2024
WienerAI (WAI) is the inaugural AI token that combines artificial intelligence, dog faithfulness, and the appeal of sausages into a unified global movement.
The ERC-20 token operates on the Ethereum blockchain, offering 20% of its 69 billion token supply for staking rewards. The WAI project offers a whopping staking return of 1,687% per annum.
WienerAI IS CLEARED FOR LIFTOFF!
Get Presale Here: https://t.co/g0LrikQz90 pic.twitter.com/fy7xF5DtKP
— WienerAI (@WienerDogAI) April 22, 2024
Prominent crypto analyst ClayBro suggests that WienerAI has the potential to surge 10X after its launch.
WienerAI wouldn’t be the first meme coin/AI crypto to skyrocket after launch. Dog-themed meme coin and AI security token Scotty the AI ($SCOTTY) blasted past $10 million in a recent presale in next to no time and soared 150% in its first hour of trading.
The appeal is the combination of two of the hottest niches in crypto: meme coins and AI. WienerAI provides more laughs than your bog standard AI coin and more utility than most meme coins.
The tokens are priced at $0.000701 each. If you are interested, buy them soon because a price increase is coming in less than 24 hours.
To join the presale, visit the official website to buy WAI using ETH, USDT, or a bank card.
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