Is Gork Token Worth Holding? A Straightforward Analysis for Alpha/Solana Investors
After losing more than 50% of its value, many investors are wondering: should we hold or sell Gork? The token, linked to the Solana network and an NFT collection on Bitcoin, dropped from 7 cents to 3 cents amid a broader decline in meme coins across Solana.
This drop isn’t surprising. Solana has seen a 55% decrease in network activity, and a large percentage of transactions are failing due to congestion. Additionally, the flood of new meme tokens has saturated the market, weakening demand—Gork included.
Should You Hold or Exit?
If you're a short-term trader, exiting now may help minimize your losses. But if you believe in the project's long-term vision and can tolerate the risk, holding might be a viable option—just stay alert and monitor market trends closely.
Bottom Line: The market is unstable. Diversifying your portfolio and avoiding excessive risk is the wise choice for now.
