After the suspension of the AI bot, the price of BOB coin has declined. At press time, BOB is trading at $0.0000194. The 24-hour trading volume of the coin has also dropped by 43.60%.
twitter inc The account of an AI-powered bot named ‘Explain This Bob’ has been suspended after Elon Musk Claimed It was a ‘scam crypto account’.
Musk accused the bot of being a scam in tweets that the bot responded to, and the account was suspended shortly after. But before the ‘Explain This Bob’ profile was deactivated, more than 400,000 followers supported the bot on Twitter, saying that its BOB coin was not a scam and that the suspension was unfair. The #FREEBOB hashtag started circulating on Twitter, and the project’s team even published a meme picture of Musk looking at Bob (the main character behind the bot) in prison.
#freebob pic.twitter.com/SOUm7opQ7o
— Bob (@BobEthToken) June 18, 2023
Musk’s statement sparked a wave of controversy not only because of the ban on ‘Explain This Bob’ but also because of his change of mind. Earlier, Kasturi supported the bot and really liked it.
i love bob
— Elon Musk (@elonmusk) April 19, 2023
‘Explain This Bob’ is an AI bot powered by its own BOB Coin and BOBSwap exchange. Created by Prabhu Biswal, a programmer from India, the bot employs Open AI’s GPT-4 model. It responded to everyone who tagged its account on Twitter, providing answers to any inquiries.
The bot’s official website states:
“Everybody loves Bob. Elon loves Bob. Bob also loves Bob. He just knows it all. When in doubt, ask Bob. He is here for you. He will blow your mind with his polite behavior. Why go see your doctor if you have bob, your wife or husband is bothering you, see bob. You’re constipated, see Bob. You don’t know where you’re going in life, see Bob. I mean let’s be real here. Who doesn’t love Bob. His Giga Brain is too big for the average Joe.
‘Explain This Bob’ does not have its own ERC-20 meme coin Bob Token (BOB). Since launching in April, BOB has made a splash, increasing its price by a total of over 1,000%, mostly due to Musk’s endorsement of the coin. At that time Prabhu Biswal was commented,
“Before Token came out, the backend cost for the bot was around $50, but now it costs more than $3,000 per month. The team gave me the freedom to use more powerful AI models. Working on developing on other platforms like Telegram, Discord, and Reddit, which will add to the backend cost. It would not have been possible for me to handle this cost before BOB Token and without my team.”
Now, after the suspension of the AI bot, the BOB coin price has dropped. As of press moment, BOB is trading at $0.0000194. The 24-hour trading volume of the coin has also dropped by 43.60%.
Daria is a crypto enthusiast who strongly believes in the future of blockchain. Being a hospitality professional, she is interested in finding ways in which blockchain can transform various industries and bring our lives to a different level.
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