GROK has surged over 72.4% in the past 24 hours, currently reported at $0.0188

Bitget2024/03/12 02:15

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

Bitget market data shows that GROK has increased by more than 72.4% in the past 24 hours, currently priced at $0.0188. Previously, Musk announced that xAI will open source Grok, which led to a rise in the price of the token GROK with the same name.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

The three co-founders of CoreWeave have cumulatively cashed out over $3.3 billion since the company went public, while its current stock price has plummeted more than 50% from its peak. At present, the company's bonds maturing in 2032 have fallen into distressed territory, with CDS spreads surging to 1,117 basis points, implying a default probability of 63%. Market concerns about its ability to repay debt are now spreading along the financing chain of AI computing power leasing.

华尔街见闻•2026/10/16 13:15