Grok AI Glitch Sparks MechaHitler Memecoin Frenzy, SOL & ETH
In early 2025, an AI hallucination by X’s Grok chatbot produced the term “MechaHitler,” igniting a rapid MechaHitler memecoin frenzy. Traders minted over 200 tokens across Solana, Ethereum, Binance Smart Chain and other networks. On Solana’s Bonk.fun, the top memecoin hit a $2.2 million market cap and $1 million in initial trading volume within three hours. An Ethereum variant reached a $500 000 valuation, and total trades topped $1.2 million in 24 hours before liquidity evaporated. Average token prices then collapsed by over 90% and trading volumes slid 80%. While speculators pocketed millions, market observers warn of extreme pump-and-dump risks, potential legal scrutiny over hate-speech content and parallels with past AI-driven frenzies like Pepe. Crypto traders should be cautious with low-liquidity, AI-driven memecoins.
Bearish
This AI-driven memecoin surge saw rapid token launches and initial price spikes, followed by drastic liquidity evaporation and over 90% price collapses. Such extreme volatility and pump-and-dump patterns typically lead to sharp sell-offs and caution among traders. The short-lived hype and legal scrutiny risk create a bearish outlook for these tokens’ price stability.