STONK Jumps 48% After Integrating AAVE, AVAX and NEAR Token Launches
- —STONK gained 48% in 24 hours and 73% on the week, hitting $0.36
- —StonkFun revenue hit a record $19.1 million, with $1.1 million in the past day
- —Buybacks used $11.38 million; 10.95 million STONK burned in five days
- —Launchpad volume peaked at $2.672 billion, with Raydium accounting for 64%
Why it matters: Rising revenue and token burns cut STONK's supply, but an overbought Stochastic RSI at 95 points to correction risk after the new high.
Source: AMBCrypto