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The Grok price has soared 28% in the last 24 hours to trade at $0.005223 as of 7 a.m. EST on a 137% pump in trading volume to $30 million.
This pump in the GROK price comes after Elon Musk confirmed that Grok 3, from his AI startup xAI, would launch on Monday at 8:00 p.m. PT.
Grok 3 release with live demo on Monday night at 8pm PT.
Smartest AI on Earth.
— Elon Musk (@elonmusk) February 16, 2025
Grok 3 is set to directly compete with established AI systems like OpenAI’s ChatGPT and Google’s Gemini, with Musk touting it as the “smartest AI on Earth.” Despite securing significant funding from Nvidia, AMD, and Middle Eastern investors, xAI remains a minor player in the competitive AI market.
OpenAI, under the leadership of Sam Altman, recently rejected Elon Musk’s $97.4 billion acquisition attempt.
Grok Price Breaks Key Resistance – Is a Bullish Rally Ahead?
GROK/USD has made a strong breakout, rising over 7% in the last session and signalling a potential shift in market sentiment. There is also a parabolic rebound, breaking out of a prolonged bearish channel that had dominated price action for months. The price currently trades at $0.0054623, reflecting a 7.09% increase, signalling renewed bullish momentum. This surge comes after the price found strong support near $0.0020665, a level previously acting as a foundation for reversals.
GROKUSD Analysis Source: Tradingview
The breakout from the bearish channel indicates a significant trend shift, suggesting that the downtrend may have ended. If this momentum continues, GROK/USD could be on track to reach its next major resistance zone at $0.0080000, with a longer-term target around $0.0120000. This would mark a significant rally from the recent lows.
The Relative Strength Index (RSI) is currently at 69.64, approaching the overbought zone. If the RSI surpasses 70, traders should be cautious, as it could indicate a short-term correction before further upside movement. However, the breakout above the major support level and the strong volume suggest buyers are in control, which could sustain the rally.
Market sentiment remains positive, with the breakout reinforcing confidence in an extended uptrend. While a short-term pullback is possible due to the RSI nearing overbought conditions, the overall trend favors further gains. If bulls maintain momentum, GROK/USD could continue climbing toward $0.0080000 and potentially $0.0120000 in the coming weeks.
MIND Of Pepe Presale Nears $7 Million – Best Crypto To Buy Now?
As the Grok price gears up for a bullish rally, Mind of Pepe (MIND) is drawing investors to its presale, which has raised over $6.4 million in a little more than two months.
The project stands out for its self-evolving AI, which actively engages with the crypto space in real time, while being the first AI agent to carry the powerful branding of Pepe meme.
MIND plugs into social platforms such as X and Discord and uses hive-mind analysis to identify emerging trends in the crypto space. It then feeds promising investment opportunities to the project’s community, giving members a key market edge.
Knowledge. $MIND pic.twitter.com/ZhV93ce80H
— MIND of Pepe (@MINDofPepe) February 8, 2025
ClayBro, a popular YouTuber with over 136K subscribers, says MIND is quickly becoming the best meme coin AI agent of 2025.
Investors can also stake MIND tokens for a massive 357% annual yield.
MIND tokens are currently priced at $0.0033454 and can be bought with crypto or bank card. Buy before a price hike in less than 2 days to secure the best deal.
Visit the official MIND website here.
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