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GSTOCK Market Cap Surpasses $24 Million, Hitting an All-Time High with a 170%+ Intraday Gain

Odaily News — According to market data from GMGN, the market cap of GSTOCK, a Meme coin in the Genius.fun ecosystem, has surpassed $24 million, reaching an all-time high. It is currently trading at approximately $24.2 million, with an intraday gain exceeding 170%.

On the news front, CZ today replied to crypto KOL Jasmy, stating, "The idea of acquiring a public company through a Meme was definitely not my own." Notably, Jasmy has mentioned GSTOCK in 9 consecutive posts this week.

GSTOCK uses BNCB, the on-chain token of BNB treasury company BNC, as its liquidity pool pairing. Genius.fun was launched by Genius Terminal, an on-chain trading terminal backed by YZi Labs with CZ serving as an advisor.

Odaily reminds readers that Meme coin prices are highly volatile and susceptible to market sentiment and trending events. Please be aware of trading risks.

Recommended reading: Is CZ-backed Genius.fun Leading the Meme Community in a Reverse Merger of a Public Company?