BlockBeats News, February 26th, according to GMGN monitoring, influenced by Musk's tweet stating "Gork returns today," the Solana ecosystem's namesake meme coin gork experienced a short-term surge early this morning. Its market value soared from less than $1 million to $14 million at one point, then retreated significantly, currently trading at around $6 million. The token's price increased by 520% in 24 hours, with a trading volume of $20.9 million during the same period. As of now, the token has been online for about 301 days.
It is reported that this meme coin originated from an account on X platform mimicking xAI Grok named "gork" (X: gork), currently with 349,000 followers. In May 2025, the account gained popularity when Musk changed his X nickname to "Gorklon Rust" and used a Gork-themed avatar. The Solana on-chain namesake meme coin gork saw its market value surge to over $130 million. Furthermore, this account on X has not posted any tweets since November 18th last year up to today.
BlockBeats reminds users that meme coin trading is highly volatile, mostly driven by market sentiment and concept hype, with no actual value or use case. Investors should be aware of the risks.
