As a Token that imitates the xAI Grok chatbot, GORK was listed on BNAlpha on May 1st, and due to Musk following its official X account and replying with a GRIN emoticon on May 3rd, it saw a single-day rise of over 50%, becoming the market focus.

The surge of GORK reflects two major characteristics of the meme coin market: first, the decisive role of social media influence, as Elon Musk's every move can still trigger drastic market fluctuations in a short period; second, the siphoning effect of the listing strategies of leading exchanges like BN on liquidity, as GORK's rapid rise is closely related to its exposure on BN Alpha.
It is worth noting that the heat of the meme coin market is not an isolated phenomenon. Meme coins on the Base network, such as Brett and Degen, are also performing actively, reflecting the driving effect of the rapid development of the Layer 2 ecosystem on meme coins. In addition, established meme coins like PEPE and Shiba Inu also showed an upward trend in early May, indicating the market's preference for low market cap, high volatility assets.
However, the high-risk characteristics of meme coins cannot be ignored. The surge of GORK lacks fundamental support, and its price fluctuations mainly rely on market sentiment and speculative trading.
The operations of Bitcoin and Ethereum should follow the "range trading" strategy, utilizing support and resistance levels for high selling and low buying. Investment in meme coins requires strict position control to avoid blindly chasing highs, while also paying attention to the new listing dynamics on exchanges like BN to seize early opportunities.