Finbold 2025-05-01 09:25:20

Crypto trader turns $1,500 into $300k in 5 hours

Summary: ⚈ A trader turned $1,513 into $300K in 5 hours with GORK coin. ⚈ GORK surged after its surprise listing on the Moonshot exchange. ⚈ The trade signals a potential return of meme coin mania in 2025. Thanks to the cryptocurrency market being choppy after President Donald Trump’s return to the White House, and especially after the Liberation Day announcement, instances of traders rapidly achieving three or four-figure returns on digital assets have become somewhat scarce in 2025. Late on April 30, one cryptocurrency investor broke the lull by executing a well-timed buy of $1,513 worth of the Solana ( SOL ) based meme coin New XAI gork (GORK). Within approximately 5 hours, the investment exploded in value, ensuring the trader’s 7.24 million GORK was worth nearly $300,000. Soon after, the crypto trader sold 3.86 million of the meme coin, making just under $133,000. They, simultaneously, retained 3.38 million GORK, bringing their unrealized gains to approximately $162,000, per the data Finbold retrieved on May 1 from GMGN. The staggeringly successful trade was made possible by GORK’s sudden and dramatic rally that came after the cryptocurrency exchange Moonshot decided to list the meme coin. GORK is one of the many meme coin paying tribute – and, arguably, attempting to take advantage of – xAI’s Grok artificial intelligence ( AI ) model. GORK price chart. Source: DEXTools A return to meme coin mania? Simultaneously, the digital asset maneuver marks a return to the typo of trades that have become relatively rare in 2025, especially when compared to 2024 which featured investors – either through luck, skill, or insider access – using meme coins to turn hundreds or thousands of dollars into tens of thousands or millions within hours or days. The biggest similar trade of the current year has been the controversial activity surrounding the launch of several ‘official’ Trump-family-themed digital assets shortly before the inauguration. The trading was contentious primarily because many of the tokens had a significantly shorter lockup period than the main Official Trump ( TRUMP ), allowing insiders to take advantage of the pump to their own benefit. Featured image via Shutterstock The post Crypto trader turns $1,500 into $300k in 5 hours appeared first on Finbold .