$GORK Corrects 40% From the Highs, But Trading Volume Explodes by 400%
After reaching an impressive $73 million market cap just two days after its launch, $GORK has now seen a sharp correction of over 40%, bringing its current market cap to around $45 million. Yet despite this price pullback, interest in the token hasn’t faded—in fact, quite the opposite. The real headline today is volume. In the past 24 hours alone, $GORK’s trading volume has exploded by 400%, currently sitting at a staggering $280 million. That gives it a volume-to-market cap ratio of 630%, a clear signal that traders aren’t done with this one yet.
Holders & liquidity
This surge in volume suggests that $GORK is far from losing momentum. Instead, it’s capturing broader attention across the memecoin world. Corrections after parabolic moves are normal, but when such corrections are met with increasing volume and growing participation, it often signals an ongoing accumulation phase rather than a full-on reversal.
In fact, the number of $GORK token holders has grown by 4,000 in just the last day. As of this writing, the total number of holders stands at 19,589. This kind of adoption speed is rare even among the top-tier memecoins, and if it continues, $GORK could become one of the fastest-growing memecoins of 2025.
Let’s break down where this massive volume is coming from. The majority of liquidity continues to be concentrated on Pump.Swap, which alone accounts for more than $131 million of the daily volume. It remains the “liquidity black hole” for $GORK and continues to dominate the trading action.
Next comes Meteora, contributing almost $18 million, followed by a strong presence across major centralized exchanges (CEXs). Gate.io leads the pack here with over $12 million in trading volume, making it the best CEX to trade $GORKright now in terms of liquidity and order book depth.
Other notable CEX contributors include:
MEXC with $8.6 million
Bitget with close to $8 million
HTX (formerly Huobi) with just over $5 million
This multi-exchange liquidity presence is a bullish signal in itself. It shows that $GORK is not a one-platform wonder, but rather is building exposure across both DeFi and CeFi trading environments. That kind of infrastructure is crucial if the token aims to sustain and scale its community.
While price action has cooled off from the peak, the data points to strong underlying momentum. High volume, a growing holder base, and expanding liquidity across multiple platforms all indicate that $GORK still has plenty of life left in it. Whether this is a short-term consolidation or the setup for a second wave, it’s certainly a token worth watching closely.
As always with volatile memecoins, risk management is key. But when metrics are this strong just days after launch, you can’t ignore the signals. $GORK may have pulled back, but the game is far from over.
