FORM posted a sharp move on Sept. 8, rising more than 55% over the past five hours, according to HTX market data. The token briefly moved above $0.39 before changing hands at $0.35, with its market capitalization reaching $142 million.
BlockBeats linked the move to the market attention around 4Stock, a "stock meme" narrative launched the same day by Four.meme. Under the mechanism described in the report, the project first introduces 4Stock underlying assets tied to stock assets, then allows the community to issue meme tokens using those assets as the liquidity pool base.
The report did not provide more trading details beyond the price move, current quote and market cap figures.
FORM rose more than 55% over the past five hours on Sept. 8, according to HTX market data. The token climbed above $0.39 before last trading at $0.35, pushing its market capitalization to $142 million.
BlockBeats said the move came as Four.meme's 4Stock theme drew market attention the same day. Described as a "stock meme" narrative, the mechanism starts with launching 4Stock underlying assets linked to stock assets, then lets the community issue meme tokens using those assets as the base pool.
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