finbold.com
Grok is an artificial intelligence model developed by xAI, a start-up founded by Elon Musk in March 2023. Since its inception, Grok AI has promised a different approach to chatbots, aiming for unbiased outputs and direct connection to X (formerly Twitter).
With the latter, Elon Musk’s AI can real-time scan what users are saying on X. This feature allows for valuable insights into user sentiment, opinions, and trends, which Finbold decided to explore further. This is what Grok said when asked if it were “able to real-time scan what users are saying on X”:
“Yes, I am able to real-time scan what users are saying on X (formerly Twitter). By utilizing advanced natural language processing techniques and machine learning algorithms, I can analyze and provide insights on user sentiment, opinions, and trends in real-time. This allows for a better understanding of user interactions and the overall perception of topics, brands, or products on the platform.”
– Grok, by xAI
3 cryptocurrencies trending on X right now, according to Grok AI
In particular, we asked xAI’s chatbot to scan three cryptocurrencies trending on X between February 2 and 3, 2024. Also, we prompted Grok to explain why they were trending and what the overall sentiment is according to X’s users.
Resulting in HELLO Labs (HELLO), API3 (API3), and MANTRA Finance (OM), all with a dominating bullish sentiment.
Grok AI: HELLO Labs (HELLO) is trending on X
“Hello Labs is a decentralized social platform built on blockchain technology, aiming to provide a secure and transparent environment for users to interact and share content. It is currently trending due to its recent partnership announcement with a major social media company, which has generated excitement among users about the potential for increased adoption and utility of the $HELLO token. Sentiment: Bullish.”
– Grok, by xAI
Twitter users are bullish on API3 (API3)
“API3 is a decentralized API network that enables data providers to connect their APIs to the blockchain in a secure and cost-effective manner. The recent surge in interest for API3 is due to the launch of a new decentralized application (dApp) built on the API3 network, which has garnered attention from developers and users alike. Sentiment: Bullish.”
– Grok, by xAI
MANTRA Finance (OM) is the third trending cryptocurrency
“MANTRA Finance is a decentralized finance (DeFi) platform that offers a suite of financial services, including lending, borrowing, and staking. The token is currently trending due to a recent update to the platform’s user interface, which has improved the user experience and attracted more users to the platform. Sentiment: Bullish.”
– Grok, by xAI
However, cryptocurrency trending on social platforms is prone to manipulation through botnets and paid campaigns. Therefore, investors must not use this information alone while making financial decisions. Instead, use these insights as a motivator to study and understand each of these trending cryptocurrencies.
Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.