NECTAR, a BSC-based token tied to the "immortal fruit fly" theme, has pushed its market capitalization above $3 million, according to GMGN market data cited by BlockBeats. The token was quoted at $3.38 million in market cap, while turnover over the past two hours reached $5.8 million.
The move follows an earlier comment from Binance co-founder Changpeng Zhao, or CZ, who said it would be "too cool" to see someone build an "immortal fruit fly" project on BNB Chain. Separately, a post from the NECTAR developer described the token as an experimental project deployed on BSC.
According to that description, NECTAR uses real FlyWire whole-brain connectome data from fruit flies to simulate a neural network. It then converts on-chain trading volume and price data into neural signals that guide buyback and burn decisions. BlockBeats also warned that the token has a small market cap and high price volatility, adding that early-position holders have already booked sizable gains and that the token may face notable short-term selling pressure.
NECTAR, an "immortal fruit fly" themed token on BSC, has climbed past a $3 million market capitalization, according to GMGN market data cited by BlockBeats on Sept. 15. The token was valued at $3.38 million, with trading volume over the past two hours reaching $5.8 million.
Earlier, Binance co-founder Changpeng Zhao, known as CZ, said, "If we could see someone make an 'immortal fruit fly' on BNB Chain, that would be very cool."
In a separate post, the NECTAR developer described the project as an experimental token deployed on BSC. The post said the project uses real FlyWire fruit fly whole-brain connectome data to simulate a neural network, and converts on-chain trading volume and price data into neural signals that drive buyback and burn decisions.
BlockBeats warned that the token's market cap remains small and price swings are large. It added that holders who entered at lower levels have already made substantial profits, and that the token could face significant short-term selling pressure. Investors should remain cautious.
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