A lucky trader turned $1,513 into $295,000 in five hours on GORK
An unknown trader purchased 7.24 million unknown tokens under the ticker GORK for $1,513 right after the asset was launched. Five hours later, he sold 3.86 million coins for $132,700, keeping 3.38 million GORK (about $162,300 at the current price). The investor's profit amounted to about $295,000, with a return of 19,100%.
GORK is a new meme coin launched on the platform for generating 'meme' coins Pump.fun on the Solana (SOL) network less than a day ago. In the first 24 hours, its price increased by more than 42,000% — at the time of writing, the token is trading at $0.04095. The asset's market capitalization reached $40 million, and trading volume broke $102 million.
Apparently, GORK was created as a parody of Grok — a chatbot from the xAI startup backed by Elon Musk. The token has no real utility. Its growth is based solely on hype. Some investors call the coin a 'scam,' but that doesn't stop traders from profiting from the volatility.
#memecoin🚀🚀🚀
