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The internet has produced countless financial memes, but few are as influential as stonks. What started as a simple joke about stock trading has evolved into a defining symbol of irrational markets, speculative investing, and crypto culture. Whether it’s meme coins, NFTs, or WallStreetBets-style trading, stonks captures the chaotic, often absurd nature of modern finance.


## The Origin of the Stonks Meme

The stonks meme was first posted in 2017 by the Facebook page “Special Meme Fresh.” It featured a bald, low-poly businessman standing in front of a rising stock market chart, with the word STONKS in bold capital letters. The intentional misspelling of “stocks” highlighted the misguided confidence of amateur investors who make questionable financial decisions yet still expect to profit.

The meme quickly spread beyond traditional stocks, resonating with the crypto community, meme traders, and retail investors. It became shorthand for describing markets that don’t make sense, assets that moon for no reason, and people investing based on vibes rather than fundamentals.

### 🚀 TRADE  STONKS NOW
<a href="https://www.gate.io/zh/pilot/solana/stonks-stonks" target="_blank" title="">https://www.gate.io/zh/pilot/solana/stonks-stonks</a>


## How Stonks Took Over Crypto meme

The crypto industry embraced the stonks meme as its own, largely because crypto markets often defy logic. Here are some of the most iconic ways stonks culture has shaped crypto investing:

1.Meme Coins and Irrational Hype

The rise of <a href="/ja/price/dogecoin-doge" target="_blank" class="blog_inner_link">Dogecoin</a> (DOGE), <a href="/ja/price/shiba-inu-shib" target="_blank" class="blog_inner_link">Shiba Inu</a> (SHIB), and Pepecoin (PEPE) perfectly embodies the stonks mentality. These coins gained massive market caps not because of utility, but because of memes, hype, and community-driven speculation. Every time a meme coin pumps for no reason, stonks energy is at work.

2.The WallStreetBets Effect on Crypto

The GameStop (GME) short squeeze in early 2021 was one of the biggest stonks moments in financial history. Led by WallStreetBets (WSB) on Reddit, retail traders drove GME’s price up over 1,500% in just a few weeks. The movement’s success inspired similar tactics in crypto, with traders pumping coins like Dogecoin and AMC stock.

3.NFT Mania and the Stonks Mentality

During the NFT boom, projects like Bored Ape Yacht Club (BAYC) and CryptoPunks skyrocketed in value. Many buyers weren’t purchasing NFTs for their artistic value but because they believed prices would keep rising. This speculative rush, where people throw money at digital assets hoping for a future payday, is classic stonks behavior.

4.DeFi Yield Farming and Unsustainable Gains

The DeFi summer of 2020 introduced a new kind of stonks madness: yield farming. Investors were jumping between liquidity pools offering ridiculous APYs (often over 1,000%) without considering sustainability. Many projects collapsed, but not before some early adopters made absurd profits—the ultimate stonks move.

5.Elon Musk and Crypto Stonks

Elon Musk has played a major role in the stonks-fueled rise of crypto assets. His tweets alone have sent Dogecoin soaring, boosted <a href="/ja/price/bitcoin-btc" target="_blank" class="blog_inner_link">Bitcoin</a>, and even affected stocks like Tesla. Every time he posts a cryptic meme or one-word tweet, traders react, proving that sometimes markets move based on memes rather than fundamentals.



## Why Stonks Reflects Modern Investing Culture

The stonks meme has evolved beyond just a joke—it now represents a new era of investing driven by social media, memes, and community hype. Traditional finance used to be dominated by institutions, but retail traders, meme communities, and crypto enthusiasts have disrupted the system.

## The Double-Edged Sword of Stonks Investing

While stonks energy can lead to massive profits, it also comes with risks:
•        Hype Cycles and FOMO – Many assets pumped by memes later crash.
•        Market Manipulation – Some projects use memes to attract buyers before dumping.
•        No Fundamental Value – Many stonks-driven investments don’t survive long-term.

Despite these risks, the stonks meme isn’t going anywhere. It’s a perfect reflection of how the internet, finance, and crypto have merged into one chaotic, unpredictable ecosystem.



## Final Thoughts: Stonks mem  Will Always Be Part of Crypto

In both crypto and traditional markets, stonks is more than just a meme—it’s a mindset. It represents the power of internet culture, the unpredictability of markets, and the humor investors use to navigate financial chaos.

Whether you’re watching meme coins pump, NFTs sell for millions, or social media traders manipulate stocks, one thing is clear: stonks energy is here to stay.


<div class="blog-details-info">
<div>Author:** Rooick Z. **, Gate.io Researcher
<div class="info-tips">\*This article represents only the views of the researcher and does not constitute any investment suggestions.All investments carry inherent risks; prudent decision-making is essential.
<div>\*Gate.io reserves all rights to this article. Reposting of the article will be permitted provided Gate.io is referenced. In all cases, legal action will be taken due to copyright infringement.
</div>


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How Stonks Became the Ultimate Meme in Crypto and Finance