Meme Coin Stonk Hits New All-Time High with Market Cap Exceeding $138 Million

The Solana-based meme coin Stonk reached a new all-time high with its market capitalization briefly surpassing $138 million, currently trading at $122 million with a 312% increase over the past 24 hours. Stonk allows users to issue meme tokens and pair them with tokenized real-world assets, including tokenized stocks and pre-IPO equity tokens.