The Neuralink (NLINK) crypto token has witnessed an astonishing surge of 3,400%, propelled by the successful implantation of Elon Musk‘s revolutionary Neuralink device. The token’s value soared to $0.0000000000003508, marking a historic moment as the innovative device enters its inaugural human trial phase.
Unveiling the NLINK Token: Merging Cryptocurrency with Futuristic Tech
Originally launched in 2018, the NLINK token emerged with a mission to integrate cryptocurrencies with cutting-edge technologies. Boasting a finite supply of 420 quadrillions, the token has played a pivotal role in managing electric vehicle charging and carbon emissions through blockchain infrastructure. Operating on BNB Chain’s BEP20 token standard, NLINK currently holds a market capitalization of $176,053.
Despite its shared name, NLINK maintains no direct affiliation with Elon Musk and is categorized as just another memecoin. The token’s versatility was evident in its participation in a decentralized autonomous organization focused on commercializing electric vehicle infrastructure.
Neuralink: Bridging Minds and Machines
At the heart of this surge is Neuralink, a groundbreaking chip designed to establish a direct link between the human brain and computers, primarily aiding disabled individuals in controlling their limbs. Elon Musk described it as the modern equivalent of the clicker setup used by theoretical physicist Stephen Hawking for communication.
“Initial users will be those who have lost the use of their limbs. Imagine if Stephen Hawking could communicate faster than a speed typist or auctioneer. That is the goal,” Musk tweeted.
During the trial phase, brain-computer interface specialist Andrew Jackson highlighted the advanced electronics involved in the process, acknowledging the solid engineering while noting the neuroscience aspects as relatively basic.
Elon Musk’s Cryptocurrency Influence: Beyond NLINK
Elon Musk’s influence in the cryptocurrency realm extends beyond NLINK. Known for his tweets impacting the price of Dogecoin, Musk has also delved into accepting cryptocurrencies as payment methods for his ventures. In 2021, Musk launched a perfume named Burnt Hair, accepting Dogecoin as a payment method. Similarly, Bitcoin found its place as a payment option at Tesla, Musk’s electric vehicle company.
In another instance, Musk played a role in the creation of GROK, a token named after an artificial intelligence tool developed by X. Launched in 2023, GROK experienced a surge to $0.0227 within 24 hours, ultimately undergoing an 88% decrease to its current value of $0.003722.