What Is Stonks (STNK)?
Stonks (STNK) is a meme-based cryptocurrency developed on the Solana blockchain. It draws inspiration from the popular “Stonks” meme, a humorous representation of questionable financial decisions, which has become a significant part of internet culture since its inception in 2017. Launched on April 2, 2021, Stonks holds historical significance as the first meme coin on Solana, a blockchain known for its high-speed transactions and low fees. With its connection to a widely recognized meme and its limited supply, STNK combines cultural relevance with blockchain technology.
How Stonks Works
Stonks operates as a decentralized token on the Solana blockchain, designed with several notable features. The token has a fixed supply of 581,918.10, intended to create scarcity and align with models used by other limited-supply cryptocurrencies. Its largest liquidity pool is permanently locked, enhancing security and minimizing the risk of manipulation. The mint and freeze authority of STNK has been renounced, ensuring decentralized governance led by the community. Additionally, the token has been verified on platforms like RugCheck.xyz, providing transparency to investors. A unique aspect of STNK is its ownership of the intellectual property rights to the original “Stonks” meme, which adds an additional layer of legal recognition to the project.
Who Are the Founders of Stonks?
The founders of Stonks remain anonymous, a practice that is relatively common in cryptocurrency projects, particularly in the meme coin sector.
How Many Stonks (STNK) Tokens Are in Circulation?
STNK, the native token of the Stonks ecosystem, is available on various exchanges. It has a total supply of 581,918.10 tokens.
How to Buy Stonks (STNK) on Bitget?
Consider investing in Stonks (STNK)? Follow these steps:
1. Create an account on Bitget .
2. Verify your identity.
3. Deposit funds.
4. Check out the available STNK trading pairs on Bitget.
Is Stonks a Good Investment?
Stonks may appeal to speculative investors and collectors due to its limited supply and historical significance as the first meme coin on Solana. However, as with most meme coins, its value is highly volatile and driven by market sentiment rather than utility. Prospective investors should conduct thorough research and consider their risk tolerance before investing.
Simple 3-step guide to buying STNK today in Curacao
Create your free Bitget account
Select a funding method
Complete your Stonks purchase
Step 1: Create a free account on the Bitget website or the app
Step 2: Place an order for Stonks using a payment method of your choice:
Buy Stonks with a debit/credit card
For Visa or Mastercard, select Credit/Debit card, then click Add New Card under the "Buy" tab
Credit/Debit in the Buy Crypto tab of the Bitget app
Credit/Debit in the Buy Crypto tab of the Bitget websiteSelect your preferred fiat currency, enter the amount you wish to spend, link your credit card, and then complete your payment with zero fees.
Add a new card to complete your payment on the Bitget app
Enter your bank card details to complete your payment on the Bitget websiteFor Diners Club/Discover card, click Buy Crypto > [Third Party] in the top navigation bar to place your Stonks order.
How to buy crypto with credit/debit cardBuy Stonks with Google Pay or Apple Pay
Converting your Google Pay and Apple Pay balance into Stonks is easy and secure on Bitget. Simply click Buy Crypto > [Third Party] in the top navigation bar to place your Stonks order.How to buy crypto via third-party gatewayBuy with bank transfer
We accept various payment methods, including iDeal and SEPA for EUR, PIX for BRL, PayID for AUD, UPI for INR, QRIS, DANA, and OVO for IDR, SPEI for MXN, and GCash for PHP. These services are facilitated by Alchemy Pay, Banxa, Mercuryo, and Simplex payment gateways. Simply select Buy Crypto > [Third Party] in the top navigation bar and select a fiat currency to place your Stonks order.Buy Stonks with the fiat balance in your Bitget account
You can Deposit fiat funds using Advcash, SEPA, Faster Payments, or PIX payment gateways to top up your Bitget fiat balance. Then, click Buy Crypto > [Cash conversion] in the top navigation bar to place your Stonks order.P2P trading
With Bitget P2P, you can buy crypto using over 100 payment methods, including bank transfers, cash, and e-wallets like Payeer, Zelle, Perfect Money, Advcash, and Wise. Simply place an order, pay the seller, and receive your crypto. Enjoy secure transactions with escrow protection.How to buy crypto on Bitget P2P
Step 3: Monitor Stonks in your Bitget spot wallet
Bitget—where the world trades Stonks
How to buy 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
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FAQ
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