STONK enters correction phase after $0.35 ATH – Weekly gains cut to 12%

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StonkFun (STONK) fell by more than 16% in 24 hours, reducing its weekly gains to only 12% after hitting an all-time high of $0.35. Daily trading volume dropped sharply from around $140 million to $50 million, while daily protocol fees plunged more than threefold in a week, falling from $1.85 million to $588K. Both Spot and Futures markets showed strong seller dominance, at 74.18% and 50.79% respectively. Despite having roughly one-tenth the market cap of PUMP, STONK generates 21% more revenue over the past seven days.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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