Solana-based token STONK's market cap briefly breaks $150 million, hitting a new all-time high

Odaily News: According to GMGN data, STONK, a token on Solana, briefly surpassed a $150 million market cap, and is now reported at $136 million, with a 24-hour increase of over 430%.

It is reported that Stonk allows users to issue meme tokens, which can be paired with tokenized RWAs, including tokenized stocks and Pre-IPO stock tokens. Solana co-founder Anatoly Yakovenko previously retweeted a Stonk-related post and asked, "What is Stonk Token?"

Odaily reminds users that Meme coin prices are highly volatile, and investors should participate with caution.