STONK hits new highs after erasing 27% crash
- —STONK rose to $0.37, erasing a 27% drop within days
- —Daily trading volume for STONK is around $43 million
- —The token is up over 13,000% to date, with most gains in September
- —StonkFun reported over $1.1M in daily revenue on September 20, with $660K for STONK buybacks
Why it matters: STONK's rally highlights demand for Solana reflection tokens, but its price hinges on platform fees and buybacks.
Source: Cryptopolitan