{"id":5518,"date":"2025-05-05T12:45:00","date_gmt":"2025-05-05T11:45:00","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=5518"},"modified":"2025-05-05T12:21:07","modified_gmt":"2025-05-05T11:21:07","slug":"gork-elon-musk-x-rally-memecoin","status":"publish","type":"post","link":"https:\/\/preprod.investx.fr\/en\/crypto-news\/gork-elon-musk-x-rally-memecoin\/","title":{"rendered":"GORK Meme Coin Soars After Elon Musk Sparks Frenzy on X"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\" class=\"wp-block-heading\" id=\"elon-musks-surprise-move-sends-gork-soaring\">Elon Musk&#8217;s Surprise Move Sends GORK Soaring<\/h2>\n\n\n\n<p>The quirky billionaire <strong>Elon Musk<\/strong> continues to make waves in the crypto world. His decision to change his pseudonym on X (formerly Twitter) to <strong>&#8220;Gorklon Rust&#8221;<\/strong> was enough to propel the <strong>memecoin GORK<\/strong> &#8211; a token based on <strong><a href=\"https:\/\/preprod.investx.fr\/en\/crypto-investing\/buy\/solana\/\">Solana<\/a><\/strong> &#8211; into the spotlight.<\/p>\n\n\n\n<figure class=\"wp-block-embed aligncenter is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">Pretty wild that not even Elon Musk changing his pfp has a significant impact anymore:<a href=\"https:\/\/twitter.com\/search?q=%24GORK&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$GORK<\/a> went from $45M to $75M market cap, and now back to $65M.<br><br>Reminds me of when he posted a Milady almost exactly two years ago, floor price went from 3.9 ETH to 7.5 ETH and then back to 4\u2026 <a href=\"https:\/\/t.co\/uspdedTveq\">pic.twitter.com\/uspdedTveq<\/a><\/p>&mdash; wale.moca \ud83d\udc33 (@waleswoosh) <a href=\"https:\/\/twitter.com\/waleswoosh\/status\/1919322634019316150?ref_src=twsrc%5Etfw\">May 5, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>In just a few hours, this token inspired by Grok, Musk&#8217;s conversational AI from xAI, saw its value surge by over <strong>100%<\/strong>, reaching a peak of <strong>$0.096<\/strong> before settling slightly at <strong>$0.06274<\/strong>. Its market capitalization briefly exceeded <strong>$82 million<\/strong>, making it one of the hottest memecoins on CoinMarketCap.<\/p>\n\n\n\n<p>This remarkable rise echoes past events where Musk&#8217;s name changes on social media triggered similar market movements.<\/p>\n\n\n\n<p>In December 2024, his alias <strong>&#8220;Kekius Maximum&#8221;<\/strong> caused a surge in the value of <strong>Pepe Coin<\/strong> and its clones. In February 2025, his pseudonym <strong>&#8220;Harry Bolz&#8221;<\/strong> led to the instant creation of dozens of new tokens.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" class=\"wp-block-heading\" id=\"technical-analysis-is-gork-ready-to-continue-its-surge\">Technical Analysis : Is GORK Ready to Continue its Surge ?<\/h2>\n\n\n\n<p>Technical data analysis confirms that GORK remains in the spotlight for savvy <a href=\"https:\/\/preprod.investx.fr\/en\/crypto-investing\/\">crypto investors<\/a>. With a daily <a href=\"https:\/\/preprod.investx.fr\/en\/trading\/crypto\/\">trading<\/a> volume of 70 million, it has the potential to continue rising. However, the buyer\/seller ratio is balanced, indicating a crucial point between profit-taking and new buyers&#8217; entry.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" width=\"1024\" height=\"527\" src=\"https:\/\/preprod.investx.fr\/en\/wp-content\/uploads\/sites\/5\/2025\/05\/dexscreener.com_gork_SOL_2025-05-05_09-33-43-1024x527-1.png\" alt=\"GORK price in 1H\" class=\"wp-image-5551\" srcset=\"https:\/\/media.investx.fr\/wp-content\/uploads\/sites\/5\/2025\/05\/dexscreener.com_gork_SOL_2025-05-05_09-33-43-1024x527-1.png 1024w, https:\/\/media.investx.fr\/wp-content\/uploads\/sites\/5\/2025\/05\/dexscreener.com_gork_SOL_2025-05-05_09-33-43-1024x527-1-300x154.png 300w, https:\/\/media.investx.fr\/wp-content\/uploads\/sites\/5\/2025\/05\/dexscreener.com_gork_SOL_2025-05-05_09-33-43-1024x527-1-768x395.png 768w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n<\/div>\n\n\n<p>On the other hand, the RSI in 1H shows a bearish divergence, with a score of <strong>54<\/strong> approaching the neutral zone.<\/p>\n\n\n\n<p>Currently at the mid resistance of its Bollinger Band, the memecoin must stay above <strong>$0.046<\/strong> to avoid dropping to the next demand zone at <strong>$0.017<\/strong>. This would represent a <strong>73%<\/strong> drop from its current price.<\/p>\n\n\n\n<p>According to renowned experts like @HazePump, GORK could soon reach a market capitalization of <strong>$100 million<\/strong>. In other words, despite a observed <strong>20%<\/strong> correction, the potential for recovery remains, especially with the renewed interest in memecoins.<\/p>\n\n\n\n<p>It is crucial to monitor the buying volumes to break the ATH (All-Time High) and confirm a new bullish wave.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" class=\"wp-block-heading\" id=\"should-you-buy\">Should You Buy?<\/h2>\n\n\n\n<p>The recent developments surrounding GORK once again demonstrate the significant influence that dominant figures like Elon Musk have on the <a href=\"https:\/\/preprod.investx.fr\/en\/learn\/crypto\/\">cryptocurrency<\/a> market.<\/p>\n\n\n\n<p>Far from being mere jokes, memecoins now require <strong>analysis<\/strong> of both social trends and traditional technical indicators. A <strong>strict risk management<\/strong> approach remains key to taking advantage of these opportunities.<\/p>\n\n\n\n<figure class=\"wp-block-embed aligncenter is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">New Listing from <a href=\"https:\/\/twitter.com\/hashtag\/BitgetOnchain?src=hash&amp;ref_src=twsrc%5Etfw\">#BitgetOnchain<\/a> &#8211; <a href=\"https:\/\/twitter.com\/search?q=%24GORK&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$GORK<\/a> (New XAI gork)<br><br>\ud83d\udd39Pair: GORK\/USDT <br>\ud83d\udd39Deposit available: now <br>\ud83d\udd39Trading available: May 3, 12:00 (UTC) <br><br>Details: <a href=\"https:\/\/t.co\/0qPrOxufUC\">https:\/\/t.co\/0qPrOxufUC<\/a> <a href=\"https:\/\/t.co\/q5KqqdhL1K\">pic.twitter.com\/q5KqqdhL1K<\/a><\/p>&mdash; Bitget (@bitgetglobal) <a href=\"https:\/\/twitter.com\/bitgetglobal\/status\/1918632484939673613?ref_src=twsrc%5Etfw\">May 3, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>However, GORK remains vulnerable to <strong>significant drops if the hype fades.<\/strong> Divergences and lack of interest from new buyers could result in a drop of over <strong>70%.<\/strong> For those willing to take the risk, here is a detailed guide on how to purchase it on Bitget:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Create a Bitget account<\/strong>: Sign up on bitget.com with your email or phone, verify the code sent, and activate 2FA for security.<\/li>\n\n\n\n<li><strong>Verify your identity (KYC)<\/strong>: Submit an ID to complete the necessary KYC verification for trading.<\/li>\n\n\n\n<li><strong>Add funds<\/strong>: Deposit cryptocurrencies (USDT, BTC) or fiat via credit card (Visa, Mastercard) or wire transfer in the &#8220;Deposit&#8221; section.<\/li>\n\n\n\n<li><strong>Access the market<\/strong>: Go to &#8220;Spot Market,&#8221; search for &#8220;GORK,&#8221; and select the GORK\/USDT pair.<\/li>\n\n\n\n<li><strong>Make the purchase<\/strong>: Choose a market order (immediate purchase) or limit order (set price), enter the quantity, and confirm.<\/li>\n<\/ul>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-16018d1d wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/preprod.investx.fr\/go-bitget\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Buy GORK on Bitget and get $10 !<\/a><\/div>\n<\/div>\n\n\n\n<p>More on this topic :<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/preprod.investx.fr\/en\/crypto-news\/ethereum-defies-bitcoin-dip-eth-2000\/\">Ethereum Defies Bitcoin Dip : Is $2,000 ETH Closer Than We Think ?<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/preprod.investx.fr\/en\/noticias-cripto\/elon-musk-dogecoin-to-1-2025-doge-memecoin\/\">Can Elon Musk Send Dogecoin to $1 in 2025 ? Hype vs Reality<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/preprod.investx.fr\/en\/crypto-news\/ripple-xrp-drop-below-2-price-outlook\/\">Will Ripple (XRP) Crash Below $2 This Week ? Analysts Weigh In<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Following Elon Musk&#8217;s latest provocation on X, the GORK memecoin has surged in the past hours, transitioning from obscurity to the spotlight. Discover the reasons behind this sudden rise and the potential outlook for investors.<\/p>\n","protected":false},"author":32,"featured_media":5510,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_yoast_wpseo_focuskw":"gork","_yoast_wpseo_title":"GORK Soars as Elon Musk\u2019s X Name Change Fuels Hype","_yoast_wpseo_metadesc":"GORK meme coin jumps after Elon Musk changes his name on X : could this be the start of a new meme coin wave ?","footnotes":"","faq_titre":"","questions_frequentes":"","custom_permalink":""},"categories":[11,10],"tags":[],"class_list":["post-5518","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins","category-crypto-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>GORK Soars as Elon Musk\u2019s X Name Change Fuels Hype<\/title>\n<meta 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