Tesla CEO Elon Musk Did It Again! He Made a Surprise Announcement, and This Altcoin’s Price Soared!

Tesla CEO Elon Musk has made a new post related to his artificial intelligence, Grok.

Elon Musk said in a post on his X account, “Gork is returning today.”

Following Musk’s post, “Gork,” a long-standing memecoin, saw its value increase by 460% in a single day.

“Gork,” a memecoin based on Solana, experienced a significant surge early this morning following Elon Musk’s tweet, “Gork is back today.”

With this surge, its market value jumped from under $1 million to $14 million at one point, before falling again and currently standing at $5.2 million.

Gork, a memecoin, mimics xAI’s Grok. In May 2025, the token’s market value surpassed $130 million after Musk temporarily changed his X username to “Gorklon Rust” and used a Gork-themed avatar.

Gork’s price surged to $0.013 following Musk’s post, but it has since given back some of that gain. Gork is currently trading at $0.005 at the time of writing.

*This is not investment advice.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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