GMGN data shows that the BSC-based meme coin Stonks briefly pushed its market capitalization above $8 million, marking an intraday jump of more than 190x, and it now sits at $7.8 million. The story behind Stonks comes from the "BNB Stonks Szn" campaign launched by BNB Chain. On the campaign poster, the usual word "Stocks" is intentionally written as "Stonks," the familiar meme phrasing used across the crypto crowd. And a warning from Odaily: meme coins swing hard, are fueled by market mood and speculative hype, and have no intrinsic value or real use case. Caution is advised.

BSC Meme Coin Stonks Surges Over 190x in a Day, Market Cap Briefly Tops $8M
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News EditorBSC meme coin Stonks saw its market cap briefly surge past $8 million, gaining over 190x intraday, and now stands at $7.8 million. The token's narrative stems from BNB Chain's "BNB Stonks Szn" campaign, which intentionally misspells "Stocks" as "Stonks"—a common meme in crypto. Odaily warns investors of high volatility and lack of fundamental value.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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