STORY

StonkFun launchpad token, not a one-candle animal. It clipped about 15% on the day while still printing tens of millions in volume and remaining a tracked smart-money add versus PUMP trims. Bid this week is launchpad-fee reflexivity plus traders treating the pullback as inventory, not a dead ticker. Choppy tape means this is a shelf watch, not a chase of the bounce already printed off the lows.

CHART

Now

216.65M market cap (−16.2% 24h)

Clip

yes

Buyer shelf

~$180M MC [$0.22]

Why that shelf matters

launchpad-fee buyers and the recent add cohort have been defending the mid-0.20s after the daily air pocket

Invalid

~$140M MC [$0.17] if volume falls off with the next lower low

LATE FILL

yes — a slightly worse fill into the high-100s MC still matches the add-flow thesis; a break of 140M does not