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What is Stonks (STNK)?

Stonks basic info

Name:Stonks
Ticker:
Introduction:

What is Stonks (STNK)?

Stonks (STNK) is a meme coin on Solana created as a tribute to the iconic Stonks meme. For those unfamiliar, the Stonks meme, also known as Stonks Guy or Meme Man, features a 3D-rendered figure in a suit with a blank expression, often paired with the word “stonks” to humorously depict questionable financial decisions. Originating in 2017, this meme has become a beloved symbol of internet humor about investing and trading.

STNK is more than just a meme, though. It holds a special place in blockchain history as the first meme coin launched on Solana, a high-performance blockchain known for its speed and low transaction costs. The STNK contract was deployed on April 2, 2021, marking the beginning of its journey. Although it initially went unnoticed, the community has since rallied around it to bring the project back into the spotlight.

Who Created Stonks (STNK)?

The origins of Stonks meme coin remain shrouded in mystery.

What VCs Back Stonks (STNK)?

STNK does not have any venture capital backing.

How Stonks (STNK) Works

Stonks meme coin operates on the Solana blockchain. As the first meme coin on Solana, STNK holds historical significance in the crypto space. Its early deployment on the blockchain is a testament to its pioneering status. By tokenizing the Stonks meme, STNK taps into a well-loved piece of internet culture, making it more than just a financial asset. It’s a cultural phenomenon.

Here’s a breakdown of its key features and mechanics:

1. Limited Supply

One of the defining characteristics of STNK is its finite supply. There will only ever be 581,918.10 STNK tokens in existence. This scarcity is designed to create value over time, much like Bitcoin’s capped supply of 21 million coins.

2. Locked Liquidity

The largest liquidity pool for STNK has been fully and permanently locked. This means that the tokens set aside for trading cannot be tampered with or withdrawn, providing stability and reducing the risk of scams or rug pulls.

3. Contract Renounced

The mint and freeze authority for the STNK contract has been renounced. In simple terms, this means that the original creators no longer have control over the token’s contract. The community now governs STNK, making it a truly decentralized project.

4. Verified and Secure

STNK has been fully verified on platforms like RugCheck.xyz, a tool designed to help investors identify trustworthy projects. This verification adds an extra layer of confidence for anyone considering joining the STNK community.

5. Intellectual Property Rights

One of the most exciting aspects of STNK is its ownership of the intellectual property rights to the original Stonks meme. The rights were acquired from DankBankHQ and the original artist, Henry Hooper. This gives STNK a unique edge, as it is the only project with the legal right to use and tokenize the Stonks meme.

STNK Goes Live on Bitget

In a crowded market of cryptocurrencies, STNK stands out for its historical significance, community-driven ethos, and cultural relevance. It’s a reminder that crypto isn’t just about technology or finance; it’s also about fun, creativity, and community.

Become a part of the historical STNK by trading STNK on Bitget now!

As the Stonks Guy would say, “Stonks only go up!”

STNK on Bitget PoolX

STNK will be a part of Bitget PoolX, a platform for users to earn new tokens for free on an hourly basis.

From 13 December 2024, 10:00 – 18 December 2024, 10:00 (UTC), you can lock ETH to grab a share of 390 STNK.

Lock ETH to Get STNK now!

How to Trade STNK on Bitget

Listing time: December 13, 2024

Step 1: Go to STNKUSDT spot trading page

Step 2: Enter the amount and the type of order, then click Buy/Sell

Trade STNK on Bitget now!

Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.

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Current price:
All-time high:$374.56
All-time low:$91.86

STNK supply and tokenomics

Circulating supply:579,700.6 STNK
Total supply:581,918.1 STNK
Max supply:581,918.12 STNK
Market cap:$63.79M
Fully diluted market cap:$64.04M

Links

Buy Stonks for $1Buy STNK now

What is the development prospect and future value of STNK?

The market value of STNK currently stands at $63.79M, and its market ranking is #577. The value of STNK is not widely recognized by the market. When the bull market comes, the market value of STNK may have great growth potential.

As a new type of currency with innovative technology and unique use cases, STNK has broad market potential and significant room for development. The distinctiveness and appeal of STNK may attract the interest of specific groups, thereby driving up its market value.

What will the price of STNK be in 2025?
Based on STNK's historical price performance prediction model, the price of STNK is projected to reach $179.32 in 2025.
What will the price of STNK be in 2030?
In 2030, the STNK price is expected to change by -18.00%. By the end of 2030, the STNK price is projected to reach $321.65, with a cumulative ROI of +163.14%.
Reminder: Just like all cryptocurrency investments, investors must closely monitor the market performance of STNK and be aware of the associated risks. The world of cryptocurrencies is full of uncertainties, so thorough research and preparation are essential.

Is STNK worth investing or holding? How to buy STNK from a crypto exchange?

If you want to buy STNK, the following information may be helpful for your investment decisions:
In the last 7 days, the price of STNK has fallen by -35.85%, leading to negative returns for most STNK investors. The market is currently pessimistic about the price trend of STNK.
It is important to note that the current price of STNK has retreated by -70.62% from its all-time high. This coin is currently considered high-risk, and while its price may rebound in the future, there is significant uncertainty.
Additionally, it's important to understand that each coin has its own optimal times for buying and selling. The optimal time to invest is dynamic: when a coin is undervalued, it's wise to adopt a buying strategy; when it becomes overvalued, you should decisively sell the coin.
To decide whether STNK is worth investing in, you need to consider various market factors such as the overall trend of the cryptocurrency market, the project's fundamentals, its current market valuation, and whether the current price is suitable for buying. If the project's fundamentals suddenly change or the price becomes excessively high, you should adjust your investment strategy and trading operations accordingly.
Your investment decisions should be based on your own risk tolerance, financial status, market analysis and research, especially the timing of your investments. Correct timing can ensure more reliable returns. Keep in mind that investing in STNK or any cryptocurrency comes with certain risks and uncertainties.
Regardless of your outlook on the development prospects and future trends of STNK, if you want to buy or sell STNK, you can consider Bitget for your trading needs. The best place to buy STNK is an exchange that offers hassle-free and secure transactions, combined with a user-friendly interface and high liquidity. Every day, millions of users choose Bitget as their trusted platform for crypto purchases.
Investing in Stonks has never been easier. Simply sign up on Bitget, complete the identity verification process, and make payments using bank transfers, debit cards, or credit cards, all while ensuring security through crypto wallets. This is a widely adopted method to buy Stonks. Here's a step-by-step guide on how to buy Stonks on Bitget.

How to get Stonks through other methods?

Using cash to buy Stonks is not the only way to obtain Stonks. If you have the time to spare, you can get Stonks for free.
Learn how to earn Stonks for free through the Learn2Earn promotion.
Earn free Stonks by inviting friends to join Bitget's Assist2Earn promotion.
Receive free Stonks airdrops by joining ongoing challenges and promotions.
All crypto airdrops and rewards can be converted to Stonks through Bitget Convert, Bitget Swap, or spot trading.

What is Stonks used for and how to use Stonks?

The use case of Stonks may expand as the crypto market and the project itself develop. Currently, you can use STNK to achieve the following goals:
Arbitrage by trading STNK: Since STNK is a frequently traded cryptocurrency, the price of STNK is always fluctuating. Earn more STNK by buying low and selling high on the exchange. Bitget spot market provides a variety of STNK trading pairs to fully meet your needs.
Earn by staking STNK: You can also generate income through financial management methods such as staking STNK or lending STNK. Bitget Earn offers a variety of financial products designed to help you earn more income from your STNK.
Send or pay STNK: If you want to give STNK to your friends, a charity, or a fundraiser, or you want to pay someone with STNK, you can quickly and easily send STNK to the recipient through their payment address.
You can also go to the official website of the Stonks project to learn more about the use cases of STNK. For example, find out if the project supports the use of within its community or ecology, or if the project allows you to purchase physical or virtual products in .

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