According to GMGN data cited by BlockBeats on Sept. 8, the market capitalization of 4Stock, a meme token in the BSC ecosystem, has fallen below $30 million, down by half from the level seen after CZ reposted a BNC-related post. The wallet ranked first on the token’s profit leaderboard spent a total of $7,614 to build its position and is continuing to reduce exposure to lock in gains. It still holds tokens worth $196,300, has already sold $237,000 worth of tokens, and transferred out another $39,800 worth. Its total profit now exceeds $450,000. BlockBeats also noted that 4Stock emerged from the “stock meme” narrative launched by Four.meme. Under that structure, a 4Stock underlying asset linked to a stock asset is created first, and the community can then issue meme tokens using that asset as the liquidity pool base. BNC4 is described as the first 4Stock stock token, pegged 1:1 to shares of BNC, a BNB treasury company, while the meme token “4Stock” corresponds to the BNC4 pool.
BlockBeats reported on Sept. 8, citing GMGN data, that the market capitalization of 4Stock, a meme token on BNB Smart Chain (BSC), has dropped below $30 million. That marks a 50% decline from the level reached after CZ reposted a BNC-related post.
The wallet ranked No. 1 on the token’s profit leaderboard spent a total of $7,614 to build its position and is still trimming holdings to lock in gains. It continues to hold tokens worth $196,300, has sold $237,000 worth of tokens, and transferred out another $39,800 worth. Total profit has exceeded $450,000.
BlockBeats said 4Stock originated from the “stock meme” narrative introduced by Four.meme. The model first creates a 4Stock underlying asset linked to a stock asset, then allows the community to issue meme tokens using that asset as the base pool. BNC4 is the first 4Stock stock token and is pegged 1:1 to the stock of BNC, a BNB treasury company. The meme token “4Stock” corresponds to the BNC4 pool.
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