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GORK Meme Coin Goes Wild After Elon Musk Changes His Display Name on X to Gorklon Rust
By: bitcoin ethereum news|2025/05/05 09:30:04
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The world’s richest man, Elon Musk, is once again, stirring up the market with his antics. He changed his display name on X to Gorklon Rust, a playful variation of Grok—his AI chatbot developed by xAI. Immediately, GORK—a new Solana meme coin with the same name—exploded on the price chart, skyrocketing nearly 100% in the last 24 hours to trade around $0.06274. And with growing speculation that it may have been launched by Elon Musk’s xAI team as a parody version of the original Grok AI, the search volume for the meme coin has increased massively over the past few hours. As a matter of fact, it is currently the top trending meme coin on CoinmarketCap, underscoring the incredible FOMO vibe surrounding it. Meanwhile, BTC Bull, another new meme coin is trending too, having surpassed the $5.3 million mark in its presale. Prominent crypto influencers with hundreds of thousands of subscribers have been tracking its presale performance, calling it one of the best meme coins to buy. Elon Musk Ignites the Latest Market Frenzy with a New Display Name on X X owner Elon Musk continues to trigger meme coin frenzies, especially through attention-grabbing changes on his X account. In December 2024, the famous billionaire changed his moniker on the X platform, referring to himself as Kekius Maximum. Then, he also changed his profile picture to a frog gladiator playing a video game. This move triggered a parabolic growth in the price of Pepe and several new meme coins embodying the theme. Similarly, in February 2025, Musk changed his X display name to Harry Bolz, a play on the words “hairy balls.” Similar to the Kekius Maximum saga, several meme coins with the same name cropped up, registered explosive growth, and delivered outsized returns to early buyers. In the latest development of this saga, Musk has changed his name to Gorklon Rust. GORK, a new meme coin speculated to be a parody version of Grok rallied nearly 100% following his X transformation, reaching an all-time high of $0.083 on May 4th before a brief pullback to $0.06274. While its market cap has also dropped from its peak of $72 million to around $68 million at press time, projections from experts suggest that the bull run is not over yet for GORK. All eyes are currently on the token’s RSI, which is currently hovering between 34 and 37. This indicates that bulls are still in action even though the bears remain in control. In the event that the bulls regain dominance—which is more likely considering the growing popularity of the GORK—a move towards its ATH of $0.083 is plausible in the coming days. Cues from prominent analysts like Haze suggest that the Solana meme coin could be heading to $100 million market cap soon. Is BTC Bull the Best Meme Coin to Buy Now? GORK may have experienced a slight pullback, but its recent performance still highlights the potential of meme coins in delivering excellent returns within a short timeframe. Therefore, it is always crucial for degens to identify promising gems early and invest in them to maximize their chances of securing the next 100x returns. However, among the multitude of new meme coins in the market right now, one that clearly rides that momentum is BTC Bull. The core appeal of this brand new meme coin stems from its connection with the strongest brand in crypto—BTC. Its intrinsic value is tied to how Bitcoin grows over time, rewarding believers in a market that’s poised for a prolonged bull run. Every investor will receive free BTC airdrop whenever Bitcoin hits important milestones, including $150k, $200k, and $250k. More so, to ensure that the token grows alongside BTC, there will be token burns when the Bitcoin price rises to $125k, $175k, and $225k. Additionally, the project offers a high-yield staking option, which allows early investors to amplify their returns even before Bitcoin starts hitting the monumental price territories. As mentioned earlier, prominent names in the industry have been quick to discover the project’s potential, with some even eyeing as much as 100x returns when it lands on exchanges. Visit BTC Bull This article has been provided by one of our commercial partners and does not reflect Cryptonomist’s opinion. Please be aware our commercial partners may use affiliate programs to generate revenues through the links on this article. Source: https://en.cryptonomist.ch/2025/05/05/gork-meme-coin-goes-wild-after-elon-musk-changes-his-display-name-on-x-to-gorklon-rust/
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