The Threat of STONKSGUY on Solana
The emergence of STONKSGUY poses a significant risk to the real STONKS community, which operates on both Ethereum and Solana. Community members are actively warning others about this fraudulent token, which threatens to mislead investors and undermine the original project.
The STONKSGUY token reportedly achieved a market cap of $8 million sooner than expected, raising alarm bells among those familiar with the project. A Telegram post shared by the STONKSGUY team indicated a quick rise in market cap, showing figures close to:
- $750,000 initially
- $1.4 million shortly thereafter
However, on-chain analysts have expressed concerns regarding the sustainability of this token, noting that it has an unlocked liquidity pool (LP) and a team with questionable credibility. As a result, many believe that STONKSGUY is likely to crash to zero.
Identifying the Scam Behind STONKSGUY
According to Degen Spy, a trusted on-chain analyst, STONKSGUY is linked to a group known for orchestrating multiple rug pulls, including other tokens such as MAYA, DNUT, and FINE. This group reportedly controls over 80% of the total supply of these fraudulent tokens.
Another analyst, Guardian, cautioned the STONKS community against investing in this “vampire attack” on the original STONKS token, emphasizing the legitimacy of the real STONKS available on Ethereum and Solana.
The One and Only Real STONKS
The genuine STONKS token is celebrated as the largest meme in the crypto space, aimed at fostering a community-driven project where users can thrive. It embodies the spirit of the Stonks meme, creating opportunities for engagement and investment.
History of the STONKS Meme
The STONKS meme has a rich history, gaining popularity through various social media platforms since its inception:
- June 5, 2017: The STONKS meme was posted on the Facebook page Special Meme Fresh.
- February 9, 2018: YouTuber HallucinatoryMenu shared a clip featuring the meme, amassing over 19,000 views.
- June 10, 2024: STONKS was reborn as a crypto sensation.
STONKS Tokenomics
The STONKS token boasts impressive tokenomics, which are crucial for its viability:
- Total Supply: 420.69 billion STONKS
- Circulating Supply: 100% of the total supply
- Marketing Allocation: 7% of the total supply
- Liquidity: Burned
STONKS Roadmap
The STONKS project has a well-defined roadmap, divided into three phases:
- Phase 1: Foundation
- Phase 2: Longevity
- Phase 3: Marketing STONKS – Now Multichain
The STONKS token is now available on Ethereum and Solana, with more than 2,000 holders participating in its community. The official addresses for STONKS are:
- ETH Contract Address: 0x7d4a23832fad83258b32ce4fd3109ceef4332af4
- SOL Contract Address: 8P6WDZ59qwMrTgXWaxFN5J19dGwvY2XEavCyRdA25PNm
STONKS can be purchased on platforms like Jupiter and Raydium.
Conclusion: Protecting the STONKS Community
It is imperative for the STONKS community to remain vigilant against scams like STONKSGUY that could jeopardize the integrity of the original project. By emphasizing the legitimacy of the true STONKS token, community members can protect themselves and preserve the value of their investments.
As the community continues to grow, collective awareness and education about the dangers of fraudulent tokens will be crucial in ensuring the success of the STONKS project. Stay informed, stay safe, and support the genuine STONKS community.
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