Elon Musk Meme-Coin-Power loses clout

Elon Musk's ability to trigger explosive rally from meme coins seems to be released.

His youngest Stunt On social media-the assumption of the name “Gorklone Rust” and the corresponding change in his profile picture-gave a Solana-based token called Gork a short upswing, but the dynamics did not last long.

According to Musk's contribution, Gork reached a maximum of around $ 75 million market capitalization, but then fell back quickly, which illustrates a pattern that has been shown in several of its latest crypto-shoutouts. At the beginning of 2025, a token, which was connected to his “Harry Bōlz” gag, reached hardly $ 10 million. Even “Kekius Maximus”, which had won a little trip at the end of 2024, did not get over $ 90 million. None of them broke the $ 100 million mark-far from the days, as a single tweet from Musk Dogecoin was able to enrich it by billions.

Analysts are now wondering whether its influence on the crypto market is still relevant. Despite a range of over 200 million people, even Musks have the most unusual gestures to trigger sustainable rally. A dealer noticed that today's fragmented meme coin scene, which is flooded by cloning and effortless money transactions, had watered down the power of individual prominent-even that of Musk.

In addition, there are immediate imitators, which appear on platforms such as pump.fun, withdraw the interest of investors and undermine the trust. If every meme becomes a dozen cheaper imitation, even Musk's magic can hardly shine.

He can still cause a stir, but the data indicate that the meme coin area has developed. Striking stunts may cause excitement at short notice, but that serious value develops from this is no longer guaranteed – not even for Elon Musk.