{"id":515824,"date":"2024-05-02T16:37:59","date_gmt":"2024-05-02T16:37:59","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=515824"},"modified":"2024-05-02T16:37:59","modified_gmt":"2024-05-02T16:37:59","slug":"is-it-too-late-to-buy-grok-grok-price-soars-10-as-this-2-0-meme-coin-offers-a-last-chance-to-buy","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/is-it-too-late-to-buy-grok-grok-price-soars-10-as-this-2-0-meme-coin-offers-a-last-chance-to-buy","title":{"rendered":"Is It Too Late To Buy GROK?: Grok Price Soars 10% As This 2.0 Meme Coin Offers A Last Chance To Buy"},"content":{"rendered":"<p>The Grok price has soared by 10% in the past 24 hours to trade for $0.0115 as of 08:05 a.m. EST on trading volume that plunged 20%.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Morning crypto post &#10024;&#10024;&#10024;<br>The market is doing much better today and we see green all across the board. <a href=\"https:\/\/twitter.com\/hashtag\/GROK?src=hash&amp;ref_src=twsrc%5Etfw\">#GROK<\/a> Is bouncing back as well. I use CoinMarketCap and CoinGecko to monitor cryptocurrency only. I purchase crypto using MetaMask, Coinbase wallet and trust wallet. I post 24-&hellip; <a href=\"https:\/\/t.co\/5LVOAmO14C\">pic.twitter.com\/5LVOAmO14C<\/a><\/p>\n<p>&mdash; jadedOne1 (@Jadedimage) <a href=\"https:\/\/twitter.com\/Jadedimage\/status\/1786001296685695403?ref_src=twsrc%5Etfw\">May 2, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Grok has the benefit of being closely associated with Elon Musk. &ldquo;Grok has the strongest connection to Elon Musk than any other meme coin,&rdquo; says X user @langtuphongnhiz. &rdquo;Floki took inspiration from Elon, but Elon has posted five separate Grok memes already.&rdquo;<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">The biggest supporter of the <a href=\"https:\/\/twitter.com\/hashtag\/GROK?src=hash&amp;ref_src=twsrc%5Etfw\">#GROK<\/a> meme coin is Elon Musk.<\/p>\n<p>He reposts memes created by the <a href=\"https:\/\/twitter.com\/Grok_Project?ref_src=twsrc%5Etfw\">@Grok_Project<\/a> community each time bringing visibility to 100s of millions of people.<\/p>\n<p>Remember how vocal I&rsquo;ve been about Grok for the last 6 months. The next 6-12 months will change lives. <a href=\"https:\/\/t.co\/fI4TzUuMZj\">https:\/\/t.co\/fI4TzUuMZj<\/a><\/p>\n<p>&mdash; Peta&#8383;yte (@PetaByteCapital) <a href=\"https:\/\/twitter.com\/PetaByteCapital\/status\/1785752326965260610?ref_src=twsrc%5Etfw\">May 1, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2><strong>Grok Price Prediction<\/strong><\/h2>\n<p>The Grok price is trading with a bullish bias, with noticeable higher lows on the one-day timeframe for the GROK\/USDT trading pair. The position of the Relative Strength Index (RSI) above the mean level of 50 is a bullish sign. This is accentuated by the Awesome Oscillator (AO), which is in the positive territory, increasing the odds for a further upside.<\/p>\n<p>If the RSI produces a higher high, accompanied by a flip of the Grok price above the 50% Fibonacci placeholder at $0.0120, the uptrend for the Grok price could be sustained.<\/p>\n<p>Noteworthy, the Grok price is sitting on strong support downward. This is due to the 20-, 50-, and 100-day Exponential Moving Averages (EMA) at $0.0112, $0.0114, and $0.0110 levels respectively. Any efforts by the bears to push the Grok price down would be countered by buying pressure from these buyer congestion levels.<\/p>\n<p>For confirmation of the intermediate trend (uptrend on the daily timeframe), the bulls must haul the Grok price above the peak of the market range at $0.0163. In a highly bullish case, the gains could extrapolate for the Grok price to reclaim the $0.0261 range high. This would denote a climb of nearly 125% above current levels.<\/p>\n<p>Traders waiting to take long positions on GROK should probably wait for the Grok price to flip the $0.0163 blockade into support. This would be reinforced by the RSI producing a higher high, to confirm a growing bullish trend.<\/p>\n<p><a href=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/05\/GROKUSDT_2024-05-02_14-58-04.png\"><img decoding=\"async\" class=\"aligncenter wp-image-515826 size-full\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/05\/GROKUSDT_2024-05-02_14-58-04.png\" alt=\"Grok Price\" width=\"1273\" height=\"541\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/05\/GROKUSDT_2024-05-02_14-58-04.png 1273w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/05\/GROKUSDT_2024-05-02_14-58-04-300x127.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/05\/GROKUSDT_2024-05-02_14-58-04-1024x435.png 1024w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/05\/GROKUSDT_2024-05-02_14-58-04-768x326.png 768w\" sizes=\"(max-width: 1273px) 100vw, 1273px\"><\/a><\/p>\n<p><a href=\"https:\/\/www.tradingview.com\/x\/hD9B2olP\/\" target=\"_blank\" rel=\"noopener\">Tradingview: GROK\/USDT 1-day chart<\/a><\/p>\n<h4>Converse Case<\/h4>\n<p>On the other hand, if early profit booking commences, the Grok price could drop. A slip below the $0.0100 psychological level would encourage more sell orders from spooked holders. A lower low below the $0.0076 base would mark a trend reversal, potentially reinforced by a lower high on the RSI.<\/p>\n<p>For the bullish thesis to be invalidated, however, the altcoin must break and close below $0.0065 support on the one-day timeframe.<\/p>\n<p>Even as Grok climbs, other investors are pivoting to <a href=\"https:\/\/insidebitcoins.com\/visit\/sponge\" rel=\"nofollow\">Sponge V2<\/a>, which is offering a last chance to buy before it goes live on top-tier exchanges. Crypto analyst and YouTuber ClayBro anticipates up to 100X in returns once this happens.<\/p>\n<p><iframe title=\"Sponge V2 Meme Season Kicking Off! Could This Token 100x Like The First Time?!\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/f32udoXCuNk?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<h2>Promising Alternative To GROK<\/h2>\n<p>Sponge V2 comes after the first version was phased out by the development team. The discontinuation opened the door for $SPONGE holders to transition into a more secure V2 on the Polygon network.<\/p>\n<p>Sponge V2 is an upgraded version of its predecessor, promising bigger rewards and a more robust ecosystem.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">&#128640;Missed 100x in 2023?&#128165; <a href=\"https:\/\/twitter.com\/search?q=%24SPONGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$SPONGE<\/a> is BACK with V2 &ndash; Bigger, Better, and ready to absorb the damp! <\/p>\n<p>Hurry and stake now to join the ride! &#128293;<a href=\"https:\/\/twitter.com\/hashtag\/SpongeV2?src=hash&amp;ref_src=twsrc%5Etfw\">#SpongeV2<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/Web3?src=hash&amp;ref_src=twsrc%5Etfw\">#Web3<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/Crypto?src=hash&amp;ref_src=twsrc%5Etfw\">#Crypto<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/Alts?src=hash&amp;ref_src=twsrc%5Etfw\">#Alts<\/a> <a href=\"https:\/\/t.co\/VMooQjC79H\">pic.twitter.com\/VMooQjC79H<\/a><\/p>\n<p>&mdash; $SPONGE (@spongeoneth) <a href=\"https:\/\/twitter.com\/spongeoneth\/status\/1772216915101978792?ref_src=twsrc%5Etfw\">March 25, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The migration to the Polygon network allows the project to use the features of the MATIC chain to offer lower transaction fees and faster transactions to its users. Sponge V2 also leverages the momentum of the meme coin trend, with the team capitalizing on the excitement surrounding meme-based cryptocurrencies.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Someone say <a href=\"https:\/\/twitter.com\/search?q=%24SPONGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$SPONGE<\/a>?! &#129533;&#128166;<a href=\"https:\/\/twitter.com\/hashtag\/MemeCoin?src=hash&amp;ref_src=twsrc%5Etfw\">#MemeCoin<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/Crypto?src=hash&amp;ref_src=twsrc%5Etfw\">#Crypto<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/Staking?src=hash&amp;ref_src=twsrc%5Etfw\">#Staking<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/BTC?src=hash&amp;ref_src=twsrc%5Etfw\">#BTC<\/a> <a href=\"https:\/\/t.co\/0f4qU07L7q\">pic.twitter.com\/0f4qU07L7q<\/a><\/p>\n<p>&mdash; $SPONGE (@spongeoneth) <a href=\"https:\/\/twitter.com\/spongeoneth\/status\/1785308215355252906?ref_src=twsrc%5Etfw\">April 30, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The platform has a staking option through which investors can earn a passive income by staking $SPONGE V2 tokens, with an impressive 340% annual percentage yield (APY) on the Polygon network and 163% on the Ethereum network.<\/p>\n<p>The yield reduces every day, though, making now the best time to buy. So far, upwards of 9.888 billion SPONGE tokens have been locked on the staking dashboard.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Exciting news! There are now over 9.8 Million <a href=\"https:\/\/twitter.com\/search?q=%24SPONGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$SPONGE<\/a> tokens staked! &#128293;&#129533;<a href=\"https:\/\/twitter.com\/hashtag\/SpongeV2?src=hash&amp;ref_src=twsrc%5Etfw\">#SpongeV2<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/Crypto?src=hash&amp;ref_src=twsrc%5Etfw\">#Crypto<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/100x?src=hash&amp;ref_src=twsrc%5Etfw\">#100x<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/Alts?src=hash&amp;ref_src=twsrc%5Etfw\">#Alts<\/a> <a href=\"https:\/\/t.co\/WBt3fCvnZm\">pic.twitter.com\/WBt3fCvnZm<\/a><\/p>\n<p>&mdash; $SPONGE (@spongeoneth) <a href=\"https:\/\/twitter.com\/spongeoneth\/status\/1780884014850531577?ref_src=twsrc%5Etfw\">April 18, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h4>Sponge V2 P2E Game<\/h4>\n<p>You can also earn through the platform&rsquo;s play-to-earn game (P2E),&nbsp;<em>Sponge Racer,&nbsp;<\/em>where you get to engage in racing competitions and earn token rewards.<\/p>\n<p>The P2E game is an initiative that merges gaming elements with cryptocurrency rewards, broadening its audience while delivering additional value to token holders. This is expected to drive further demand for Sponge V2 and ensure its long-term sustainability.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Don't forget, <a href=\"https:\/\/twitter.com\/hashtag\/SPONGERS?src=hash&amp;ref_src=twsrc%5Etfw\">#SPONGERS<\/a>! &#129533;&#128166;<a href=\"https:\/\/twitter.com\/hashtag\/SpongeV2?src=hash&amp;ref_src=twsrc%5Etfw\">#SpongeV2<\/a> is bringing exciting utility through our upcoming <a href=\"https:\/\/twitter.com\/hashtag\/P2E?src=hash&amp;ref_src=twsrc%5Etfw\">#P2E<\/a> game! &#128293; <\/p>\n<p>Get ready to earn <a href=\"https:\/\/twitter.com\/search?q=%24SPONGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$SPONGE<\/a> tokens by playing the game and ranking on the leaderboard.<\/p>\n<p>Stay tuned for more info! &#128640;<a href=\"https:\/\/twitter.com\/hashtag\/MemeCoin?src=hash&amp;ref_src=twsrc%5Etfw\">#MemeCoin<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/Crypto?src=hash&amp;ref_src=twsrc%5Etfw\">#Crypto<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/Alts?src=hash&amp;ref_src=twsrc%5Etfw\">#Alts<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/100x?src=hash&amp;ref_src=twsrc%5Etfw\">#100x<\/a> <a href=\"https:\/\/t.co\/5aaLxGz8N1\">pic.twitter.com\/5aaLxGz8N1<\/a><\/p>\n<p>&mdash; $SPONGE (@spongeoneth) <a href=\"https:\/\/twitter.com\/spongeoneth\/status\/1771117138381525404?ref_src=twsrc%5Etfw\">March 22, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Sponge launched at $0.000025 last year, and with the V2 price now at $0.001576, the price has skyrocketed 6,303%.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Buy <a href=\"https:\/\/twitter.com\/search?q=%24SPONGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$SPONGE<\/a> now, or FOMO in later; the choice is yours! &#129533;&#128166;<a href=\"https:\/\/twitter.com\/hashtag\/SpongeV2?src=hash&amp;ref_src=twsrc%5Etfw\">#SpongeV2<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/MemeCoin?src=hash&amp;ref_src=twsrc%5Etfw\">#MemeCoin<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/Binance?src=hash&amp;ref_src=twsrc%5Etfw\">#Binance<\/a> <a href=\"https:\/\/t.co\/qbKjvo6VwH\">pic.twitter.com\/qbKjvo6VwH<\/a><\/p>\n<p>&mdash; $SPONGE (@spongeoneth) <a href=\"https:\/\/twitter.com\/spongeoneth\/status\/1781608793861722237?ref_src=twsrc%5Etfw\">April 20, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>If you buy now, you stand to benefit from the impact of new listings on top-tier exchanges that are expected to come soon.<\/p>\n<p><a href=\"https:\/\/insidebitcoins.com\/visit\/sponge\" target=\"_blank\" rel=\"noopener nofollow\">Visit the Sponge V2 website here<\/a>.<\/p>\n<h3>Also Read:<\/h3>\n<ul>\n<li><a href=\"https:\/\/insidebitcoins.com\/news\/two-hidden-meme-coins-to-watch-in-2024-new-crypto-gems-with-100x-potential\">Two Hidden Meme Coins to Watch in 2024 &ndash; New Crypto Gems With 100x Potential<\/a><\/li>\n<li><a href=\"https:\/\/insidebitcoins.com\/news\/crypto-youtuber-crypto-boy-provides-update-on-sponge-v2-ahead-of-its-upcoming-listing\">Crypto YouTuber Crypto Boy Provides Update on Sponge V2 Ahead of Its Upcoming Listing<\/a><\/li>\n<li><a href=\"https:\/\/insidebitcoins.com\/news\/maximize-portfolio-potential-with-the-top-3-solana-based-meme-coins-for-the-next-bull-run\">Maximize Portfolio Potential with the Top 3 Solana-Based Meme Coins for the Next Bull Run<\/a><\/li>\n<li><a href=\"https:\/\/www.linkedin.com\/pulse\/best-penny-crypto-investments-top-picks-explosive-growth-calsona-j8nhe\">Best Penny Crypto Investments: Top Picks for Explosive Growth in 2024!<\/a><\/li>\n<\/ul>\n                                        <div class=\"inContentProviderSingle inContentColor--insidebitcoins fc-row\">\n                        <div class=\"inContentProviderSingle--wrapper\">\n                            <div class=\"container\">\n                                <div class=\"row mb-lg-3\">\n                                    <div class=\"col-12 col-md-8\">\n                                        <p class=\"inContentProviderSingle--title\">PlayDoge (PLAY) - 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