ChainCatcher reports that following Elon Musk’s tweet stating “Gork returns today,” the Solana-based meme coin named Gork experienced a brief surge early this morning. Its market cap soared from less than $1 million to $14 million before sharply falling back, currently around $6 million. The token’s 24-hour increase reached 520%, with a trading volume of $20.9 million. As of now, the token has been listed for approximately 301 days.
According to reports, this meme coin originated from an account on X (formerly Twitter) called “gork” (X: gork), which mimics xAI Grok and has 349,000 followers. In May 2025, the account gained popularity after Elon Musk changed his X nickname to “Gorklon Rust” and used a Gork-themed avatar. The same-named Gork meme coin on the Solana blockchain temporarily increased in market cap by over $130 million. Additionally, the account has not posted any tweets since November 18 of last year. ChainCatcher reminds users that meme coin trading is highly volatile, often driven by market sentiment and hype, with no intrinsic value or utility, so investors should be cautious of risks.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
US Stock Pre-market Crypto Concept Stocks Show Mixed Performance, UPXI Up 2.78%
According to Gate News, on March 17, U.S. stock market pre-market crypto-related stocks showed mixed performance, with UPXI up 2.78%, BMNR down 0.34%, SBET up 0.24%, and ALTS down 0.73%. msx.com is a decentralized RWA trading platform that has launched numerous U.S. stock and ETF tokens.
GateNews30m ago
Pi Network Gains Attention in India Amid Utility Push
Pi Network, launched in 2019, introduced a mobile-first approach to cryptocurrency mining by allowing users to mine Pi Coin directly from their smartphones without requiring high computational power.
The project reached a major milestone with the launch of its open mainnet in early 2025. This is en
Coinfomania1h ago
Crypto Trading Firm BlockFills Seeks Chapter 11 Protection
BlockFills filed Chapter 11 after reporting $50–$100M in assets against $100–$500M in liabilities.
The firm suspended client withdrawals in February as liquidity pressures and a $75M loss emerged.
A Dominion Capital lawsuit alleging asset misappropriation led to a court order freezing
CryptoFrontNews1h ago
Robert Kiyosaki Warns of Global Market Crash, Bitcoin Could Soar to $750,000
"Rich Dad Poor Dad" author Robert Kiyosaki has issued another warning that global markets could crash, predicting that Bitcoin and hard assets will surge significantly. He forecasts Bitcoin could reach $750,000, emphasizing the importance of holding cash and diversifying investments to navigate market volatility.
GateNews1h ago
Huang Renxiun Releases Positive Expectations for Token Industry, HKG Sunced Surges Over 29% in Afternoon Trading
Hong Kong stock Xunce (03317.HK) surged more than 29% on the afternoon of March 17. Nvidia's Huang Renxun mentioned that larger models will reduce token generation speed, which will impact enterprise revenue. As a leading domestic provider of real-time data infrastructure, Xunce is regarded as Hong Kong stock's "token first stock."
GateNews2h ago
Chainlink vs XRP: XRPL Accused of Being a "Ghost Chain," Token Model Dispute Escalates
The dispute between Chainlink and XRP has escalated again over "whether XRPL possesses core value," with technical positioning and value capture mechanisms becoming the focal point. Chainlink representatives have questioned XRPL's development, while the XRP camp has fought back, emphasizing the transparency of its token distribution. Despite obvious market cap differences, the two sides have no direct product competition yet community tensions and "narrative competition" persist.
GateNews2h ago