Grok is an artificial intelligence model developed by xAI, a startup founded by Elon Musk in March 2023. Since its inception, Grok AI has promised a different approach to chatbots, aiming for unbiased output and a direct connection to X (formerly Twitter).
In the latter case, Elon Musk's AI can scan what users are saying on X in real time. This feature allowed valuable insight into user sentiment, opinions, and trends, which Finnvold decided to investigate further. When asked if it was possible to “scan what users are saying in X in real time,” Grok replied:
“Yes, you can scan what users are saying in real time on X (formerly Twitter). By leveraging advanced natural language processing techniques and machine learning algorithms, we analyze user sentiment, opinions, and trends in real time to generate insights. “This allows us to better understand user interactions and overall perceptions of topics, brands, and products on our platform.”
– Grok, written by xAI
According to Grok AI, 3 cryptocurrencies currently trending in X
Specifically, we asked xAI's chatbot to scan for three cryptocurrencies trending on X between February 2 and 3, 2024. It also prompted Grok to explain why they are trending and what the overall sentiment is by X users.
As a result, HELLO Labs (HELLO), API3 (API3), and MANTRA Finance (OM) dominated bullish sentiment.
Grok AI: HELLO Labs (HELLO) is trending on X
“Hello Labs is a decentralized social platform built on blockchain technology that aims to provide a secure and transparent environment for users to interact and share content. The $HELLO token is , is currently trending due to its recent partnership announcement with a major social media company, creating excitement among users about the potential for increased adoption and utility of the $HELLO token. Sentiment: Bullish.”
– Grok, written by xAI
Twitter users are bullish on API3 (API3)
“API3 is a decentralized API network that enables data providers to connect their APIs to blockchains in a secure and cost-effective manner. This is due to the release of new decentralized applications (dApps) that are gaining attention from both developers and users. Sentiment: Bullish.”
– Grok, written by xAI
MANTRA Finance (OM) is the third most trending cryptocurrency
“MANTRA Finance is a decentralized finance (DeFi) platform that offers a set of financial services such as lending, borrowing, and staking. The token is available for purchase through recent updates to the platform's user interface, which have improved the user experience and made it more user-friendly. It is currently trending because it has attracted many users to the platform. Sentiment: Bullish.”
– Grok, written by xAI
However, cryptocurrencies trending on social platforms tend to be manipulated through botnets and paid campaigns. Therefore, investors should not use this information alone when making financial decisions. Instead, use these insights as motivation to research and understand each of these trending cryptocurrencies.
Disclaimer: Content on this site should not be considered investment advice. Investments are speculative. When you invest, your capital is at risk.
