Following Musk's tweet "Grok returns today," the long-standing Meme coin gork surged over 520% in a single day

On February 26th, data from GMGN monitoring (link: https://gmgn.ai/sol/token/i_m4TE56o8_38PgzpJYu2HkiYvV8qePFakB8tuobPdGm2FFEn7Dpump) shows the Solana-based meme coin **gork** saw a short-term surge early this morning, driven by Elon Musk’s tweet: “Gork returns today.” At one point, its market cap skyrocketed from under $1 million to $14 million before plummeting back—currently sitting at $6 million. The token is up 520% in 24 hours, with a trading volume of $20.9 million over the same period, and has been live on-chain for roughly 301 days. The meme coin traces back to an X account mimicking xAI’s Grok, named “gork” (X: @gork), which now has 349,000 followers. Back in May 2025, the token’s market cap spiked to over $130 million after Musk temporarily changed his X handle to “Gorklon Rust” and used a Gork-themed avatar. Notably, this “gork” X account has not posted any tweets since November 18 last year. BlockBeats warns users that meme coin trading is extremely volatile, often fueled by market sentiment and meme culture, with no underlying value or real-world use case. Investors should be aware of these risks.