After Musk named Grok male AI companion, Valentine's market value exceeded 15 million US dollars, TAKI, CHAD and ANDREJ all fell by nearly 90%

2025/07/17 15:41

PANews reported on July 17 that according to gmgn data, after Elon Musk announced that he would name Grok's male AI companion "Valentine", the market value of the meme coin Valentine quickly exceeded 15 million US dollars, soaring 86,000% in one hour. At the same time, other meme coins with related names fell sharply, such as TAKI fell 87% in one hour, CHAD fell 97%, and ANDREJ fell 92%.

Earlier news, Elon Musk planned to name Grok's male AI companion Valentine.

After Musk named Grok male AI companion, Valentine's market value exceeded 15 million US dollars, TAKI, CHAD and ANDREJ all fell by nearly 90%After Musk named Grok male AI companion, Valentine's market value exceeded 15 million US dollars, TAKI, CHAD and ANDREJ all fell by nearly 90%

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Westpac and Australia’s RBA Launch Chainlink-Based Tokenized Asset Settlement Project

Westpac and Australia’s RBA Launch Chainlink-Based Tokenized Asset Settlement Project

Westpac Institutional Bank has partnered with Chainlink and Imperium Markets to implement blockchain-based tokenized asset settlement capabilities through Project Acacia. The Chainlink Runtime Environment will orchestrate secure Delivery vs. Payment (DvP) settlement of tokenized assets across blockchain markets and Australia’s existing PayTo domestic payments system. We are excited to announce that Westpac Institutional Bank ( @Westpac ) and Imperium Markets are implementing Chainlink in Project Acacia, a new joint initiative between the Reserve Bank of Australia and Digital Finance CRC (DFCRC). https://t.co/pLh1i6Vqzy The Chainlink Runtime… pic.twitter.com/hO84SJnVqh — Chainlink (@chainlink) July 17, 2025 Australia’s central bank has estimated that tokenization could save asset issuers up to AUD $12 billion annually in Australian markets. The initiative builds on the RBA’s broader six-month pilot program announced in July , which selected 24 industry participants to conduct 19 real-money transactions and five proof-of-concept simulations across multiple asset classes. Westpac Extends PayTo Infrastructure for Tokenized Asset Transactions Westpac’s proof of concept seeks to demonstrate that the existing PayTo infrastructure can handle the settlement and clearing of large wholesale banking payments required for tokenized asset transactions. PayTo, launched by Westpac in 2024, operates as a digital-first alternative to direct debit payments that enables real-time transactions with enhanced visibility and control for customers. The system settles transactions using banks’ existing exchange settlement accounts with the RBA while offering rich transaction data, verified authorization, and secure storage capabilities. Jeff Byrne, Managing Director of Global Transaction Services at Westpac Institutional Bank, said the bank is “helping the RBA explore what digital currencies could look like in the real world, while giving our customers access to new payment options safely and securely.” Beyond the immediate settlement capabilities, the project extends Westpac’s PayTo capabilities to emerging technologies such as asset tokenization while demonstrating ways to unlock new value while protecting customers. The proof of concept also provides Westpac with an opportunity to test post-quantum cryptography in financial systems, using advanced encryption algorithms designed to resist potential future quantum computer attacks. David Walker, Westpac’s Chief Technology Officer, described the initiative as “a real-world opportunity to learn and create something that will be incredibly important in the future, and something we might need to apply at scale.” Westpac maintains a long-term equity investment in Australian cybersecurity company QuintessenceLabs, which has developed quantum-enhanced cryptography solutions already deployed in defense and large organization applications. Walker stated that “creating the next generation of payments architecture requires the strategic involvement of all the banks, telcos, retailers and governments working together.” The Australian Securities and Investments Commission has granted regulatory relief to facilitate the testing, with project findings expected in the first quarter of 2026. Global Financial Institutions Accelerate Blockchain Infrastructure Development Chainlink has positioned itself at the center of a potential $260 trillion market opportunity through partnerships with major financial institutions to unlock the untokenized assets market via its Cross-Chain Interoperability Protocol. Earlier this year, Chainlink partnered with Abu Dhabi Global Market to develop blockchain standards and explore tokenization frameworks within regulated environments. RedStone’s market analysis also reveals that the tokenized real-world assets market reached $24.31 billion by June 2025, driven by a 260% surge from $8.6 billion at the start of the year, with private credit claiming more than half of the total market value at $14 billion. 📢 #Tokenized #RWA space has reached an ATH of $24.31 billion, moving from a “buzzword into a multi-billion-dollar financial system,” per @redstone_defi , @gauntlet_xyz , and @RWA_xyz . #crypto #blockchain https://t.co/bdsQCS4mwd — Cryptonews.com (@cryptonews) June 26, 2025 Notably, Australia’s approach contrasts with the restrictive stances some of its major banks have taken toward crypto platforms, with the National Australia Bank blocking payments to certain crypto exchanges in 2023, citing concerns about scams. Project Acacia’s focus on regulated institutional applications could generate AU$19 billion annually in economic gains, according to Professor Talis Putnins from the Digital Finance Cooperative Research Centre. Organizers have described Australia’s real-money settlement testing on third-party platforms as a world-first for the country in the digital finance industry.
Share
CryptoNews2025/07/17 23:21