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Quick Flip Nets Trader Six-Figure Profit From Memecoin Bet

02.05.2025 8:00 1 min. read Alexander Stefanov
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Quick Flip Nets Trader Six-Figure Profit From Memecoin Bet

Wild gains in the crypto market have been few and far between in 2025, with volatility cooling off after President Trump’s return and recent political developments like Liberation Day.

But on the night of April 30, a sharp move by one investor reignited memories of last year’s meme coin frenzy.

With just over $1,500, the trader bought into GORK—a Solana-based meme token inspired by Elon Musk’s AI project, Grok. Within five hours, that tiny stake ballooned to nearly $300,000 as GORK surged following a listing on the Moonshot exchange.

The investor wasted no time cashing in, offloading a portion of their tokens for about $133,000 while holding onto the rest—worth roughly $162,000 in unrealized gains at the time of reporting, based on data from GMGN.

GORK is one of several tongue-in-cheek tokens riding the wave of hype around AI and pop culture, a space that’s gone quieter this year compared to 2024’s explosive trends. Back then, speculative trading in meme assets was common, with fortunes made overnight.

The last trade of this scale came during the controversial launch of Trump-themed tokens earlier in the year. Some coins linked to the Trump name had short lock-up periods, sparking debate over insider advantages during the initial pump.

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