For memes, press 1

At 10:01 AM Eastern on Monday, 28 September, a pool opened on Raydium for NOK, a token that tracks Nokia Oyj shares. Sunrise announced the listing at 10:04 and named the issuer as Backpack Securities. Raydium posted three minutes after that.

In between, at 10:03, StonkFun posted: "For memes, press 1. You can now launch coins paired with $NOK from @Nokia, on StonkFun." A StonkFun coin trades against a quote asset its creator picks, usually SOL; the launchpad war covers how that made StonkFun pump.fun's main rival. From Monday morning, one of the choices on StonkFun's pair list is Nokia stock.

The first two NOK-paired coins filled their bonding curves and moved to Raydium at 10:05, two minutes after the post. By 1:45 PM, StonkFun's public API listed 313 coins paired with NOK, and nine had graduated. The names are a phone museum: Nokia 3310, Nokia 1100, an 8810 Gold Edition, a Lumia 920, Snake, BRICK, a ringtone spelled ta-da-da-DAAA, and 80085 and 8008135, the words every kid once typed on a calculator. Several names were launched more than once; there are two 80085s and two Nokia Cats.

Most of the money went to two coins. Nokia 3310 was worth about $123,000 at 1:45 PM, down from a peak near $230,000. The larger 80085 peaked near $269,000 and was back to $70,000. The other seven graduates were worth between $2,100 and $17,000. The other 304 were still on their bonding curves, and most never got going: half never traded above $3,650, close to what a StonkFun coin shows before anyone buys it. Sixteen ran past $10,000 first. Snake and Telecoin both peaked near $21,600 and were back under $6,000 by 1:45 PM. Adding all 313 together gives about $1.3 million, but most of that is coins sitting at their starting value.