{"id":156444,"date":"2025-05-09T18:00:00","date_gmt":"2025-05-09T15:00:00","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=156444"},"modified":"2025-05-09T09:12:06","modified_gmt":"2025-05-09T06:12:06","slug":"elon-musks-meme-coin-power-is-losing-its-punch","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/elon-musks-meme-coin-power-is-losing-its-punch\/","title":{"rendered":"Elon Musk&#8217;s Meme Coin Power Is Losing Its Punch"},"content":{"rendered":"<p>His latest social media <strong><a href=\"https:\/\/x.com\/waleswoosh\/status\/1919322634019316150\" target=\"_blank\" rel=\"nofollow\">stunt<\/a><\/strong> \u2014 adopting the name \u201cGorklon Rust\u201d and switching his profile picture to match \u2014 gave a brief boost to a Solana-based token named GORK, but the momentum didn\u2019t last.<\/p>\n<p>GORK peaked around a $75 million market cap after Musk\u2019s post, only to drop back quickly, highlighting a pattern seen in several of his recent crypto shoutouts. In early 2025, a token tied to his \u201cHarry B\u014dlz\u201d gag barely reached $10 million. Even \u201cKekius Maximus,\u201d which gained some traction in late 2024, topped out below $90 million. None of them broke the $100 million barrier \u2014 a far cry from the days when a single Musk tweet could add billions to Dogecoin.<\/p>\n<p>Analysts now question whether his crypto influence is still relevant. Despite a social reach of over 200 million, even Musk\u2019s most outlandish gestures are struggling to ignite lasting rallies. One trader remarked that today\u2019s fragmented meme coin scene, flooded with clones and low-effort cash grabs, has diluted the power of any individual endorsement \u2014 even his.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/fed-pivot-may-trigger-massive-bitcoin-rally-warns-expert\/\" title=\"Fed Pivot May Trigger Massive Bitcoin Rally, Warns Expert\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/03\/bitcoin331133-240x170.webp\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Fed Pivot May Trigger Massive Bitcoin Rally, Warns Expert<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>Adding to the problem are the instant knockoff tokens that appear on platforms like Pump.fun, each siphoning off investor interest and eroding trust. When every meme becomes a dozen cheap imitations, even Musk\u2019s magic struggles to stand out.<\/p>\n<p>While he can still generate buzz, the data suggests the meme coin space has moved on. Flashy stunts might stir short-term excitement, but turning that into serious value is no longer guaranteed \u2014 not even for Elon Musk.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Elon Musk\u2019s ability to spark explosive meme coin rallies appears to be wearing thin.<\/p>\n","protected":false},"author":3,"featured_media":50335,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[24],"tags":[],"class_list":["post-156444","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Elon Musk&#039;s Meme Coin Power Is Losing Its Punch<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, 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