GSTOCK, a Meme token on BSC, briefly reached a market capitalization of $18.11 million, according to data cited by Odaily from GMGN. The token was still valued at $11.3 million at the time of the report, after posting a gain of more than 190x over the previous 24 hours. GSTOCK was issued through Genius.fun, a new launchpad on BNB Chain. The report said it is traded in a pair with BNCB, the tokenized stock of CEA Industries. Odaily also warned that Meme tokens can see sharp price swings and urged investors to take part with caution. The move put GSTOCK among the latest fast-rising tokens on BSC, though the report did not provide further trading details beyond the market cap figures, the 24-hour gain, and its listing context on Genius.fun.
GSTOCK on BSC briefly reached a market capitalization of $18.11 million, with its 24-hour gain exceeding 190x, according to GMGN data cited by Odaily. The token was later quoted at $11.3 million.
Odaily said GSTOCK is a Meme token issued on Genius.fun, a new launchpad on BNB Chain. It is traded in a pair with BNCB, the tokenized stock of CEA Industries.
Odaily also warned users that Meme tokens are highly volatile and said investors should participate with caution.
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