BEM, a token on BNB Smart Chain (BSC), briefly pushed its market capitalization above $8 million before slipping to $7.54 million, according to data cited by Odaily from GMGN. The report said the token was up 115.6% over the past 24 hours at the time of publication. Odaily also identified BEM as the core token of the TapeOut protocol, adding that users can continuously produce BEM through mining machines. The outlet attached a risk reminder, saying Meme coins can see sharp price swings and that investors should approach the market with caution. The item also referenced a related article titled "After CZ’s triple interaction, the on-chain CPU project built by a 16-year-old took off."
Odaily reported, citing GMGN data, that BEM, a token on BNB Smart Chain (BSC), briefly saw its market capitalization rise above $8 million before standing at $7.54 million. The token was up 115.6% over the past 24 hours.
The report said BEM is the core token of the TapeOut protocol, and that users can continuously produce BEM through mining machines.
Odaily added a risk warning, saying Meme coins can be highly volatile and urging investors to participate with caution.
The brief also linked to a related read: "After CZ’s triple interaction, the on-chain CPU project built by a 16-year-old took off."
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