Is $VALENTINE the Next Small Cap Gem As Elon Musk Names Grok Companion?
The price of $VALENTINE is up by an astonishing 48,000% in the past 24 hours, with the new meme token reaching a peak of $0.02308 earlier this morning.
The altcoin has surged after Elon Musk revealed earlier today that Valentine will be the name of the first male AI companion on the Grok app, after putting the question to his followers yesterday.
Interestingly, $VALENTINE listed on Raydium only yesterday, as if someone anticipated that it might end up becoming the companion’s name.
But it has since fallen by 32.5% since reaching its peak earlier today, while the lack of any official connection with Grok may give it a limited lifespan.
Is $VALENTINE the Next Small Cap Gem As Elon Musk Names Grok Companion?
The Grok app has been branching out in recent weeks, expanding its features to include AI companions for users.
The first of these were a blonde anime girl and a red panda (who apparently offers a ‘bad’ mode), but now Elon Musk has revealed that a male companion – styled after Edward from the Twilight series of books/films – is coming.
And yes, his name will be Valentine, a fact which caused the price of $VALENTINE (also known as Valentine Grok Companion) to skyrocket.
As we see from the chart below, $VALENTINE had apparently listed on Raydium yesterday, before Musk announced the name.
It basically flatlined for the entire day, and did not surge until 8:15am (UTC +1), when Musk posted the tweet above.
And despite dipping just after 9:00am, its price has held up fairly well, having consolidated at around the $0.0175 level.
Of course, it’s an open question as to whether it will sustain its performance, given that it’s piggybacking unofficially on Elon Musk.
It has been part of just over 100,000 transaction so far since launching, while its volume over the past 24 hours is $50 million.
This is pretty good for such a new coin, but it also exposes the coin to sudden swings (in either direction), with liquidity at only $588,000.
It’s also worth noting that there appears to be more than one Valentine-inspired meme coin at the moment, as highlighted by a tweet from analyst/trader Thanos.
The $VALENTINE we’re covering in this article is the first one in Thanos’ tweet, and what’s interesting is that Thanos has recommended one (also running on Solana) with a smaller market cap.
This choice is based largely on the fact that it launched after Musk’s name announcement, making it slightly less suspect.
Snorter Raises $1.9 Million in Hugely Popular Presale: Is Trading Bot the Next Big Alt?
If $VALENTINE looks like it may dump very soon, there are other new tokens right now that show more long-term promise.
One of the most interesting of these is Snorter (SNORT), an Ethereum- and Solana-based token that’s in the process of launching its own trading bot.
It’s currently holding its presale, having so far raised $1.9 million from increasingly bullish investors.
This figure indicates significant confidence in Snorter, and the main reason for such confidence is the coin’s fundamentals.
As an automated sniping bot, Snorter will make rapid trades on behalf of users, buying up emerging tokens before they enjoy their biggest rallies.
That’s not all, because Snorter also comes with a copy trading feature, meaning that users can choose to ape trades of the biggest and smartest investors.
Other features include atomic swaps, limit orders, and protection against rugpulls and honeypot scams.
This all promises to make Snorter one of the best and most comprehensive trading bots in the market, with SNORT the only way to gain access to its features.
Holders of SNORT can also stake the token for a passive income, so demand for the token could be huge.
Investors can buy it now by going to the Snorter website, where SNORT is currently selling for $0.0985.
This price will rise incrementally every few days, until the sale ends, so interested buyers should act sooner rather than later.
The post Is $VALENTINE the Next Small Cap Gem As Elon Musk Names Grok Companion? appeared first on Cryptonews.
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Is $VALENTINE the Next Small Cap Gem As Elon Musk Names Grok Companion?
The price of $VALENTINE is up by an astonishing 48,000% in the past 24 hours, with the new meme token reaching a peak of $0.02308 earlier this morning.
The altcoin has surged after Elon Musk revealed earlier today that Valentine will be the name of the first male AI companion on the Grok app, after putting the question to his followers yesterday.
Interestingly, $VALENTINE listed on Raydium only yesterday, as if someone anticipated that it might end up becoming the companion’s name.
But it has since fallen by 32.5% since reaching its peak earlier today, while the lack of any official connection with Grok may give it a limited lifespan.
Is $VALENTINE the Next Small Cap Gem As Elon Musk Names Grok Companion?
The Grok app has been branching out in recent weeks, expanding its features to include AI companions for users.
The first of these were a blonde anime girl and a red panda (who apparently offers a ‘bad’ mode), but now Elon Musk has revealed that a male companion – styled after Edward from the Twilight series of books/films – is coming.
And yes, his name will be Valentine, a fact which caused the price of $VALENTINE (also known as Valentine Grok Companion) to skyrocket.
As we see from the chart below, $VALENTINE had apparently listed on Raydium yesterday, before Musk announced the name.
It basically flatlined for the entire day, and did not surge until 8:15am (UTC +1), when Musk posted the tweet above.
And despite dipping just after 9:00am, its price has held up fairly well, having consolidated at around the $0.0175 level.
Of course, it’s an open question as to whether it will sustain its performance, given that it’s piggybacking unofficially on Elon Musk.
It has been part of just over 100,000 transaction so far since launching, while its volume over the past 24 hours is $50 million.
This is pretty good for such a new coin, but it also exposes the coin to sudden swings (in either direction), with liquidity at only $588,000.
It’s also worth noting that there appears to be more than one Valentine-inspired meme coin at the moment, as highlighted by a tweet from analyst/trader Thanos.
The $VALENTINE we’re covering in this article is the first one in Thanos’ tweet, and what’s interesting is that Thanos has recommended one (also running on Solana) with a smaller market cap.
This choice is based largely on the fact that it launched after Musk’s name announcement, making it slightly less suspect.
Snorter Raises $1.9 Million in Hugely Popular Presale: Is Trading Bot the Next Big Alt?
If $VALENTINE looks like it may dump very soon, there are other new tokens right now that show more long-term promise.
One of the most interesting of these is Snorter (SNORT), an Ethereum- and Solana-based token that’s in the process of launching its own trading bot.
It’s currently holding its presale, having so far raised $1.9 million from increasingly bullish investors.
This figure indicates significant confidence in Snorter, and the main reason for such confidence is the coin’s fundamentals.
As an automated sniping bot, Snorter will make rapid trades on behalf of users, buying up emerging tokens before they enjoy their biggest rallies.
That’s not all, because Snorter also comes with a copy trading feature, meaning that users can choose to ape trades of the biggest and smartest investors.
Other features include atomic swaps, limit orders, and protection against rugpulls and honeypot scams.
This all promises to make Snorter one of the best and most comprehensive trading bots in the market, with SNORT the only way to gain access to its features.
Holders of SNORT can also stake the token for a passive income, so demand for the token could be huge.
Investors can buy it now by going to the Snorter website, where SNORT is currently selling for $0.0985.
This price will rise incrementally every few days, until the sale ends, so interested buyers should act sooner rather than later.
The post Is $VALENTINE the Next Small Cap Gem As Elon Musk Names Grok Companion? appeared first on Cryptonews.
Read More
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