BSC Meme coin Stonks' market cap briefly surged past $4 million, up over 86x intraday

Odaily reported that, according to GMGN data, the market cap of the BSC Meme coin Stonks briefly surged past $4 million, up over 86x intraday, and is currently reported at $3.7 million.

It is understood that the Stonks narrative originates from the "BNB Stonks Szn" campaign launched by BNB Chain. The related promotional poster spells the conventional term "Stocks" as "Stonks," the latter being a common meme-ified expression in the crypto community.

Odaily reminds users that Meme coin prices are highly volatile, often relying on market sentiment and speculative concepts, and lack real value or use cases. Investors should be aware of the risks.