Hey everyone, welcome back to Meme Insider! We’re constantly tracking the wildest and most interesting meme tokens popping up in the blockchain space. Today, let’s zero in on a token making waves on the Solana chain: KORG.

Often referred to in the community as “New XAI Korg,” this token is easily identified by its symbol, KORG, and its primary token address: rq1nFfHyk65DGjUYHScFQTzx3cJd79RA7k7aPCNpump. Just a quick heads-up, one report mentioned a different address (3hnviTWbuSC2XWfMTycdoFKrbqB8jKCHnLfg1o7Lpump), but rq1nFfHyk65DGjUYHScFQTzx3cJd79RA7k7aPCNpump seems to be the one widely recognized and associated with the trading data we’ve seen.

What is KORG and Where Did It Come From?

KORG is squarely in the meme coin category. Like many tokens grabbing attention lately, it was launched on Pump.fun, a platform on Solana that makes creating and launching tokens super quick and easy. Think of Pump.fun as a factory for meme coins, democratizing token creation but also leading to a flood of speculative assets.

Based on community chatter on X, KORG appears to have launched around May 6, 2025. A notable point is that the developer reportedly holds 0% of the tokens. While this can signal a lack of centralized control, it can also sometimes mean the developer has “jeeted” (sold) their holdings, potentially indicating less long-term commitment. The top 10 holders control about 27.21% of the supply, showing some concentration, but it’s not extreme. Reports vary on the total supply; one mentions a circulating supply of 1 billion with no maximum supply, while another couldn’t confirm the total supply but notes meme coins usually have large quantities.

As for purpose? Well, like most meme coins, KORG doesn’t seem to have a defined utility. Its value appears to be driven purely by community hype and speculative trading. The “New XAI Korg” name might hint at a connection to AI or even the xAI ecosystem, but there’s no official link or use case tied to AI research or anything specific beyond being a tradeable asset.

KORG’s Market Action: High Volatility Alert!

If there’s one thing to know about KORG, it’s that it’s seen some wild price swings. This is typical for meme coins, especially ones launched on platforms like Pump.fun.

Let’s look at the numbers we’ve seen, keeping in mind they fluctuate constantly:

• Early May (May 7, 2025 data): Market cap around $182.54K, daily trading volume about $2.03M. Liquidity was reported as relatively low at $22.30K. A fully diluted valuation (FDV) surge of +$325.6K (+131%) in just five minutes was noted on May 7th!
• Mid-May (May 8, 2025 data): Price hit $0.00004143, with a 24-hour increase of nearly 30%.
• Later Data (May 10, 2025 data): Price was around $0.0000088. The 24-hour trading volume for the KORG/SOL pair on Raydium was much higher, nearing $3.99 million, with liquidity in that pool around $430.26K. We also saw reports of a 25.08% price decrease on a platform like OKX for “New XAI Korg” in a 24-hour period around this time. Rapid market cap surges of +51.85% in 10 minutes were still happening as of May 10th.

See what we mean by volatile? These rapid changes are fueled by speculative trading and community activity, including “whale” activity (large buys).

You can find KORG trading on various platforms on the Solana chain, including decentralized exchanges (DEXs) like Raydium (primarily the KORG/SOL pair) and PumpSwap. It’s also mentioned as being available on wallets/platforms like Phantom and Matcha. For tracking live data, tools like DEXTools and DEXScreener are super helpful.

Community and Risks

One interesting development for KORG is that around May 7, 2025, information suggested a community takeover. This means the community members themselves have claimed ownership and are likely trying to drive the token’s direction and promotion, rather than the original creator. Community engagement, especially on platforms like X, is a huge factor for meme coins like this. Posts from users and bots highlight quick trades, market cap surges, and community takeover alerts.

However, being a community-driven meme coin on Solana comes with significant risks:

• Speculative Nature: As mentioned, value is based on hype, not utility. Sentiment can change instantly.
• Volatility: Prepare for massive price swings up and down.
• Potential for Rug Pulls/Abandonment: While the developer having 0% holdings reduces centralized control, it can also mean the token lacks dedicated long-term support or could be abandoned entirely. This is a common risk with tokens launched on platforms like Pump.fun.
• Unverified Status: KORG isn’t verified on major platforms like CoinMarketCap, meaning it hasn’t gone through certain vetting processes and relies on community votes for verification.
• Solana Ecosystem Risks: While Solana is fast and cheap, the broader ecosystem has faced security challenges before (though not specific to KORG’s contract).
• Regulatory Uncertainty: Meme coins, and even the Solana chain itself, have faced scrutiny from regulators like the SEC. While KORG isn’t specifically targeted, the regulatory landscape for these assets is still evolving.

Helpful Tools for Tracking KORG

If you’re tracking KORG or other meme tokens, a few platforms can provide useful data:

• DEXTools: Great for live charts, volume, and trading info.
• DEXScreener: Another excellent platform for real-time price and trading data on DEXs.
• Solscan: The place to look up on-chain data directly for the token address.
• Moralis: Offers on-chain data analysis, potentially useful for tracking holders or “whales.”
• GMGN.AI: This platform is specifically designed for tracking, analyzing, and trading meme tokens across various chains, including Solana. It offers features like smart money tracking, automated trading (requires linking a Telegram account), and security checks to help navigate this volatile market. They even have a dedicated page for KORG data: https://gmgn.ai/sol/token/fV1R5sZ5_rq1nFfHyk65DGjUYHScFQTzx3cJd79RA7k7aPCNpump. GMGN.AI notes a flat 1% transaction fee and no subscription needed for premium features.

The Bottom Line

The KORG token (rq1nFfHyk65DGjUYHScFQTzx3cJd79RA7k7aPCNpump) on Solana is a quintessential meme coin: launched quickly on Pump.fun, driven by community hype and speculation, and exhibiting extreme price volatility. The recent community takeover adds another layer to its dynamic.

While the potential for rapid gains exists due to its speculative nature and activity on fast platforms like Solana, the risks are equally high. With no inherent utility, a developer potentially out of the picture, and the general wildness of the meme coin market, KORG is a high-risk, high-reward asset.

As always with meme tokens, do your own research, understand the significant risks involved, and never invest more than you can afford to lose. Stay informed by monitoring community channels and using reliable data tools!