BREW, the token of BSC-based new issuance platform Brew, has climbed past a $28 million market capitalization, according to GMGN data cited by BlockBeats on Sept. 11. The token is now nearing its previous high of $32 million, while its 24-hour gain exceeded 83%. Trading volume reached $11.9 million.
Brew allows users to launch paired tokens using meme coins, altcoins and stock tokens as liquidity pools. Since going live on Sept. 7, BREW has seen sharp swings, with its market cap at one point dropping below $4 million before rebounding.
Public information also shows that Nina Rong, growth executive director at BNB Chain, recently followed Brew’s official X account. BlockBeats warned that the token remains highly volatile and carries significant uncertainty, urging users to stay cautious when making investment decisions.
BREW, the token tied to BSC-based new issuance platform Brew, has risen above a $28 million market capitalization, according to GMGN data cited by BlockBeats on Sept. 11. The token is approaching its previous peak of $32 million, with daily gains of more than 83% and trading volume at $11.9 million.
Brew supports paired token issuance using meme coins, altcoins and stock tokens as pool assets. Since its launch on Sept. 7, BREW has gone through sharp price swings. Its market cap at one point fell below $4 million before rebounding.
Public information shows that Nina Rong, growth executive director at BNB Chain, recently followed Brew’s official X account. BlockBeats said related tokens carry large price swings and significant uncertainty, and cautioned users to be careful with investments.
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