According to Fomo platform data, trader point farm capital earned approximately $5.001 million in 24 hours, with an account value of $6.527 million, ranking first in profitability. Its largest position is 35.1 million STONK tokens valued at $4.707 million, showing a 1008.21% return. The trader also holds 6.9 million ZCAT ($629,000, +439.07%) and 33.1 million CTO ($313,000, +992.32%).
Stonk announced the completion of over $1 million worth of STONK token buybacks, while distributing over $7.5 million in rewards to StonkFun ecosystem holders. The platform's fee revenue has reached approximately $1.87 million. Previously, Stonk tweeted "Support Stonk Token," which was retweeted by Solana co-founder Toly, who asked "What is Stonk Token." According to GMGN data, the STONK token on Solana briefly exceeded a market cap of $100 million before retreating to $86.55 million, with a 1-hour decline of 5.46%.
According to GMGN data, Solana-based token STONK briefly surpassed a $100 million market cap, surging over 140% in 24 hours before settling at $94.41 million. The token allows users to launch meme coins and pair with tokenized RWAs like tokenized stocks and pre-IPO shares. Odaily warns of high volatility.
The stock-meme narrative is expanding beyond BSC and the Robinhood chain, with Solana emerging as the latest venue for speculative fever. According to GMGN data, STONK, the platform token of SF, a leading stock-meme launchpad, gained more than 60% in 24 hours and reached a market cap of $12.38 million, marking an all-time high since its listing. Meanwhile, MANLET, the first meme coin SF issued that pairs with the meme token ANSEM, exploded overnight. It rose more than 10x in a single night and delivered cumulative 24-hour gains of 2,214%. Its market cap is currently $6.17 million, with $9.7 million in 24-hour trading volume. BlockBeats cautioned that these tokens are highly volatile and urged users to proceed with caution when investing. The rapid moves show that the stock-meme theme, which first captured attention on the Robinhood chain and BSC, is now finding fresh momentum on Solana, though the high volatility highlights the risks of chasing such assets.
GMGN data shows that STONK, a Solana ecosystem token, briefly reached a market cap of $9 million, surging more than 140% on the day. Its market cap was last reported at $7.7 million. Odaily cautioned that meme coins are subject to sharp price swings, often driven by market sentiment and hot events, and lack real value support. Investors should remain cautious.
