STONK, the platform token of Solana token issuance platform StonkFun, briefly reached a record market capitalization (the value of all circulating tokens) above $150 million on Sept. 6, according to GMGN market data reported by BlockBeats. Its market cap later stood at $140 million, while the token gained 449% over 24 hours and recorded $61.3 million in trading volume. BlockBeats cautioned users that the token’s price was highly volatile and urged them to invest carefully.