PANews reported on March 7 that Musk's Grok said that if a Memecoin is launched, it will be named "GrokCoin", inspired by its AI identity, and both interesting and attractive. Grok pointed out that Memecoins usually originate from Internet trends and humorous culture, such as the origin of Dogecoin's dog emojis, and quickly gain attention through community interaction on platforms such as X.