Elon Musk’s avatar change singles out GORK as the next hot meme
By: bitcoin ethereum news|2025/05/05 19:45:01
0
Share
GORK is the next hot meme token, boosted by Elon Musk’s new avatar and nickname change. Despite this, the token has struggled to break the $100M market capitalization. Elon Musk boosted a new meme launched just four days ago. Musk changed his screen name to “gorklon rust”, linked to the GORK ticker of the currently trending token. Musk has not promoted the token explicitly, but has used his outsized social media presence. In the past, Musk has changed his avatar to draw attention to Kekius Maximus (KEKIUS), leading to an almost vertical rally. This time around, the Musk effect is more muted. KEKIUS peaked at $181M in total market capitalization, currently sliding to $21M in total market cap. GORK is still valued at $66M, even after several rallies in the past four days. New XAI Gork (GORK), as the token is known, is a Solana-based asset, benefitting from the recent return to hot memes. GORK currently trades at $0.066, while still being mostly dependent on decentralized markets. GORK draws buying volumes from whales and smart money Over the past few days, however, GORK managed to draw in significant buying volumes, leading to several jumps to a higher range. The periods of heightened buying activity led traders to view GORK as possibly boosted by whales or insider buyers. Alphanomics data shows GORK is one of the most actively traded tokens on Solana DEX, with $134M swapped in the past 24 hours. The potential rally of GORK also competes with the influence of Housecoin (HOUSE) , as well as the recent recovery of FARTCOIN. GORK aims for the category of irrational tokens, though its recent launch means it does not have a cult community yet. The token’s connection to Musk may lead to future rallies, as the asset will be closely watched and may produce secondary rallies. GORK is still awaiting centralized listings, as the token is currently only present on Bybit. The influence of Musk is seen as a possible factor in securing centralized listings on Tier 1 top exchanges. However, those listings do not guarantee immediate rallies. Some may actually use those listings as opportunities to cash out. $1B market cap may be unattainable In the first days of GORK trading, top traders cashed out under $500K, a smaller haul compared to earlier memes. The top trader shows a pattern of buying the dip, then selling after the price improves again. GORK is already held by 20,048 owners, with no significant lockup wallets. The token now hopes to follow the meme playbook of knocking off higher market cap levels, with predictions of $200M to $500M. However, reaching $1B valuations is currently not an easy feat for memes, following months of subdued market sentiment and more cautious buyers. The biggest GORK holder is also a whale for the ZEREBRO AI agent project. GORK is currently the wallet’s most significant investment, followed by AI16Z, DARK, and other AI assets, also including the POPCAT meme token. Cryptopolitan Academy: Coming Soon – A New Way to Earn Passive Income with DeFi in 2025. Learn More Source: https://www.cryptopolitan.com/elon-musk-singles-out-gork-as-next-hot-meme/
You may also like

How to capture the next Alpha in the narrative of predictive markets?
The prediction market is by no means a new casino in the cryptocurrency world, but rather a pricing engine for "event assets" that fills a 400-year gap in financial history: an article that reveals how it will reshape the logic of wealth in the next decade.

"Legal" Ponzi scheme? Unveiling the circular lending of Gemini exchange and its founder
Internal related-party transactions and financial black holes have triggered a crisis of trust, and the valuation logic has completely collapsed in the secondary market.

The first stock of stablecoins, Circle, has officially launched the new public chain ARC points system, and the interactive guide is here
Arc is an internal project of Circle. Although it has not publicly raised funds, Circle Ventures launched the Arc Builders Fund (amount undisclosed) to attract investments from over 30 top VC networks in ecological projects.

Oil prices are approaching a critical point. What will happen in mid-April?
Time becomes the deciding factor, and the oil market will take three paths.

The oil price is approaching a critical point, what will happen in mid-April?
Time Becomes a Determining Factor as the Oil Market Takes Three Paths

Mechanism drives value, deflation leads the future: MIAU will officially launch on PancakeSwap on April 13
MIAU provides a new value paradigm for the industry with its threefold advantages of "FunPlusWeb3 trendy IP ecosystem + mechanism consensus + relative deflation."

Zhou Hang, the founder of Yidao Yongche: Cryptocurrency has finally arrived at its time to shine
Cryptocurrency has not failed; it has simply targeted the wrong users over the past decade.

Who else cannot be distilled into skill?
Token Hundred Thousand Slaughter Yama

Who else cannot be distilled into skill?
Token Yama of Decimation

The huge shock in the South Korean cryptocurrency market: How should traders view it?
As the contradiction between the institutional capital inflow brought by the new government's "pro-crypto" policy and the tightening of retail infrastructure intensifies, this structural "information asymmetry" in the Korean market will persist for a long time, continuously giving rise to fleeting e...

From "Kimchi Premium" to Bithumb's Rectification: An Interpretation of the Current Situation in the South Korean Crypto Market
Market structure or information gap? — Why does the South Korean crypto market often make global traders "lag behind."

How to Automate Your Workflow with AI (No Code Required)
Let Perplexity Do the Work for You

Conversation with Pantera Founder: Bitcoin Has Reached Escape Velocity, Traditional Assets Are Being Left Behind
BTC still needs 6-8 months to reach its bottom.

Is it still worth buying Circle on the callback?
Can Circle transform from a "stablecoin company that earns interest" into a global digital dollar infrastructure?

BIT Launches Landmark "Same Name Virtual Account" Feature: Ushering in a New Era of OTC Trading that is Convenient, Efficient, and Compliant
This marks a milestone for BIT in optimizing the large-scale fiat onramp channel and enhancing the asset allocation experience for high-net-worth individuals and institutional clients.

Further Oracle Integration Reveals Polymarket's Ambitions
The expansion of the data source is essentially an expansion of the market radius.

CoinGlass: 2026 Q1 Cryptocurrency Market Share Research Report
In the first quarter of 2026, the overall cryptocurrency market remained highly active, but trading volume gradually declined from the January peak.

Tiger Research: Analysis of the Current Situation of Retail Investors in Nine Major Asian Markets
We analyzed the entry barriers of the largest markets for nine potential user groups in Asia, as well as the responses of exchanges.
How to capture the next Alpha in the narrative of predictive markets?
The prediction market is by no means a new casino in the cryptocurrency world, but rather a pricing engine for "event assets" that fills a 400-year gap in financial history: an article that reveals how it will reshape the logic of wealth in the next decade.
"Legal" Ponzi scheme? Unveiling the circular lending of Gemini exchange and its founder
Internal related-party transactions and financial black holes have triggered a crisis of trust, and the valuation logic has completely collapsed in the secondary market.
The first stock of stablecoins, Circle, has officially launched the new public chain ARC points system, and the interactive guide is here
Arc is an internal project of Circle. Although it has not publicly raised funds, Circle Ventures launched the Arc Builders Fund (amount undisclosed) to attract investments from over 30 top VC networks in ecological projects.
Oil prices are approaching a critical point. What will happen in mid-April?
Time becomes the deciding factor, and the oil market will take three paths.
The oil price is approaching a critical point, what will happen in mid-April?
Time Becomes a Determining Factor as the Oil Market Takes Three Paths
Mechanism drives value, deflation leads the future: MIAU will officially launch on PancakeSwap on April 13
MIAU provides a new value paradigm for the industry with its threefold advantages of "FunPlusWeb3 trendy IP ecosystem + mechanism consensus + relative deflation."
