Stonk Completes $1 Million STONK Token Buyback
Stonk announced on X that it has completed a $1 million STONK token buyback, while distributing over $7.5 million in rewards to StonkFun ecosystem holders. As of now, the project has repurchased approximately 118.36 million STONK tokens worth about $1.09 million and burned 117.95 million tokens valued at roughly $11.93 million, with total revenue reaching $1.87 million. Following a post by Solana co-founder Toly regarding the token, STONK's market capitalization surged, briefly exceeding $100 million and currently standing at $95.11 million, marking a 292.7
Summaries are written by AI from the original article. Not investment advice.