FROGE, Q*, and other meme coins have multiplied in value, while Sam returns and Musk's call to action activates the "OpenAI concept".

Joyce

2023-11-27 13:00

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What is the hottest meme coin this weekend? Is it SHIB, PEPE, or DOGE? In the community's view, the answer is undoubtedly "Q*". Following the "Musk Grok", the "OpenAI concept" has become another hot meme after Sam's return to OpenAI news and Musk's "exposure" of Q* from OpenAI.

Following closely behind is its "derivative meme" FROGE. Last week, in the overseas crypto community, FROGE was undoubtedly the "meme top", and in the past four days, FROGE's price has increased by a thousand times.

FROGE: OpenAI's "Unofficial Mascot"

According to community discussions, the value of FROGE lies in the fact that "froge is the unofficial mascot of OpenAI".

On November 22nd, The Wall Street Journal published an article titled "Five Chaotic Days: How Sam Altman Returned to OpenAI," which mentioned that "froge" the frog has become the unofficial mascot of OpenAI. A photo was attached showing the "froge" emoji on an OpenAI employee's laptop and a frog painting visible through the window of OpenAI's headquarters. The article can be found at https://www.nytimes.com/2023/11/22/technology/how-sam-altman-returned-openai.html.

Later, Greg Brockman, former president of OpenAI, published this detail from the report on Twitter, with the caption "Found this in the New York Times today - froge is now famous." With the founder's retweet, the hype value of forge is about to explode.

Therefore, the meme coin FROGE, which emerged in May 2023, rose sharply by over 10 times on November 23rd, despite approaching zero. And this is just the beginning.

As we all know, the meme coins PEPE, with a frog avatar, and DOGE, named after an animal, are already the leaders of memetic coins. In the eyes of the community, FROGE combines the characteristics of PEPE and DOGE, and with the added significance of Open AI's recent founder departure controversy, it is "THE PERFECT MEME".

The FROGE team also quickly launched its official website on November 25th, calling FROGE a "symbol of OpenAI employees' solidarity and perseverance," and today launched a YouTube channel and Chinese and English Telegram communities.

According to dexscreener data, in the past four days, the price of FROGE has increased by thousands of times, following a more than 10-fold increase on November 23rd.

Elon Musk claims to have discovered OpenAI's Q*; namesake meme coin triples in value

除了 FROGE，名字为「Q*」的 meme 币的价格也在上个周末翻了近三倍。

Apart from FROGE, the price of the meme coin named "Q*" also nearly tripled over the past weekend.

On November 25th, Elon Musk tweeted "Guys, I found Q*" with a picture of a mathematical research paper on "Hodge-Riemann cohomology classes" and said "Grok can do it all".

"Q*" mentioned by Musk comes from a report published by Reuters on November 23. The report stated that before Sam Altman was forced to leave OpenAI, an employee wrote a letter to the board stating that OpenAI was researching a breakthrough project called Q* (pronounced Q-Star) in AGI, which could potentially threaten human existence."

On November 23rd, Musk retweeted this report with the caption "Unknown Q*".

After this tweet was sent out, the token named "Q*" saw a 40-fold increase in value within one hour.

After the heat subsided, the price of Q* gradually fell until November 25th when Musk tweeted again that he had "discovered Q*". In the midst of the community's enthusiastic discussion of Q*, it rose again, with a 24-hour increase of over 100% at the time of writing.

经历腰斩后 GROK 再现荣光

After experiencing a setback, GROK regains its glory

Due to Musk's mention of his own Grok in a tweet about Q*, GROK, which was once a fortune password, also attracted the attention of the community and experienced a wave of growth.

Earlier this month, before the OpenAI conference, Musk announced the official release of his AI model Grok system on Twitter. Subsequently, Grok became the object of speculative attention, with over 600 tokens named "GROK" on Ethereum alone, and the price of one GROK token rising fivefold in just two days.

Two weeks ago on November 14th at 0:00, on-chain detective ZachXBT stated on Twitter that "meme coin GROK was created by scammers". As a result, the GROK token experienced a short-term drop of over 50%. Although there was a brief recovery, it has been difficult to return to its previous high.

When the community was still watching, Musk's mention caused GROK to unexpectedly rise against the trend, achieving a 200% increase over the weekend, and has broken through the previous high as of the time of writing.