StonkFun, a token issuance platform on Solana, said on Sept. 21 that 17% of STONK’s total supply has already been burned. Separately, market data from GMGN showed STONK’s market capitalization at $312 million at the time of reporting. The token was also up 26.25% over the past 24 hours, according to the same data source. The update combines an official statement from the platform with current market figures, covering both the supply reduction and the token’s latest valuation. No additional details on the burn process were disclosed in the source material.
StonkFun, a token issuance platform on Solana, said on Sept. 21 that 17% of STONK’s total supply has been burned.
According to GMGN market data, STONK’s market capitalization was reported at $312 million, with a 24-hour gain of 26.25%.
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