STONK, the token of the token-launch platform Stonkfun.xyz, rose 15% in 36 hours as its holder count increased by 4,000, from 99,020 on October 24 to 103,080. The positive funding rate climbed from 0.0046% to 0.0182%, indicating a predominance of long positions in a perpetual market worth $6.41 million. Stonkfun.xyz’s monthly revenue also reached $6.26 million, its second-highest level behind September’s $28.65 million. However, positive spot netflows of approximately $316,000 over 24 hours show that sellers outnumber buyers and could limit further gains in the short term.
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