Easily track altcoins! Grok AI to be integrated into Twitter X, scam bots on the rise as a concern
DeFi researcher Ignas revealed this morning in a tweet that "Grok," the first product under Elon Musk's artificial intelligence company xAI, will be integrated into X Twitter next week. This feature will make it easier for cryptocurrency traders to track market trends, but it may also lead to a surge in scam bot accounts and potential issues with token speculation or bubbles.
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Grok to Integrate with X Next Week
Ignas first mentioned the feature of Grok integrating real-time data, stating that users will be able to easily find trending tokens through this function without spending hours scrolling through various tweets on X.
1/5 Grok AI will be integrated into X next week, affecting crypto as well.
You'll be able to find trending tokens without endlessly scrolling through X for hours.
My worry? X launched AI without addressing the bot problem: 🧵 pic.twitter.com/LydnAEtYjp
— Ignas | DeFi Research (@DefiIgnas) November 22, 2023
You won't need to browse Twitter repeatedly to find popular tokens. Simply ask Grok, "Show me the hottest AI tokens this month," and Grok will quickly extract tweets from X to find the information for you.
He emphasized that if more retail traders use this tool and buy popular tokens, the demand and popularity of trading bots will increase to try and front-run these tokens.
At the same time, Ignas also expressed concerns that the focus and discussion on certain tokens within the cryptocurrency community may become overly enthusiastic, especially after the introduction of Grok, which could lead to more irrational speculation and bubbles in the market.
Rise of Scam Bots?
Additionally, Ignas believes that while Grok's real-time capture of the latest information can be an advantage, it may also pose serious issues.
He pointed out that there will be more bot accounts appearing, aiming to attract users who track hot topics on the chain through Grok by posting a large number of high-risk token advertisements on the platform to manipulate token prices:
I hope that future versions of Grok can accurately assess the credibility of tweet content and consider the authenticity of the account, especially when Grok is still lagging behind GPT-4.
$Grok Token Soaring! Nearly 600 Tokens with the Same Name Surge Thousands of Times, Concealing RugPull Risks
Ignas also warned that we may see more tweets discussing "How to Find Hundredfold and Thousandfold Tokens Using Grok" in the future, reminding users to be cautious of risks.
Previously positioned as one of the competitors of Google and Microsoft in the AI field, the chatbot product "Grok" was launched earlier this month, boasting lower monthly subscription fees, a more lifelike tone, and the ability to integrate real-time information.
xAI, an imitation of Grok from "The Hitchhiker's Guide to the Galaxy," officially launched, with humor, satire, and the latest news
It is understood that current subscribers of X will be able to use all AI tools, including Grok, for free.
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