Musk exploded again! Changing his name to "Gorklon Rust" set off the cryptocurrency circle, and the Gork memecoin soared 7000% overnight!

On May 6, 2025, according to the Crypto King's official account, on May 4, Elon Musk changed his X nickname to "Gorklon Rust" and changed his avatar to a Gork spoof picture, which immediately caused crazy ripples in the cryptocurrency circle. Gork was originally a satirical version of the xAI chatbot Grok. This funny move triggered a large number of Gork-themed memecoins to emerge, with the highest single-day surge of 7000%.

According to DexScreener data, the "New XAI Gork" token on the Solana chain had a 24-hour trading volume of up to US$75 million and a market value of US$59.8 million. Several other tokens rose by 588% and 131%, but there were also projects that soared and then collapsed by 95%, performing a typical "carpet-style pull".

Gork's account followers also soared from 86,000 to 113,000. Musk did not explain, but the crypto community did not need to explain - his nickname update alone was enough to set off a speculative frenzy. This scene is similar to the 504% increase in KEKIUS caused by his "Kekius Maximus" at the end of 2024, or the 30% increase in DOGE caused by replacing the Twitter bird with a dog icon in April 2023.

History has once again proved that the actions of "Dogefather" can still leverage the entire memecoin market.