Tokenized stock BNC4 remains over 47% premium to its underlying stock BNC.
55 minutes ago
According to GMGN data, BSC-based tokenized stock BNC4 rose 13.66% in the past hour, currently trading at $7.36. Per BIT (bit.com) market data, US-listed stock BNC is priced at $5.15. The premium of the tokenized stock over its underlying equity has widened further. Note: 4Stock originated from the "stock meme" narrative launched by Four.meme. It first rolls out 4Stock underlying assets tied to equities, then allows the community to issue meme coins using these assets as liquidity pools. BNC4 is the first 4Stock tokenized stock, pegged 1:1 to BNC, the stock of the BNB treasury company. The meme coin "4Stock" corresponds to the BNC4 pool. BlockBeats reminds users that most meme coins have no practical use cases, are highly volatile, and investors should exercise caution.
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Four.meme has launched a daily buyback mechanism for BNC4, which will repurchase and burn the Meme token with the highest daily paired trading volume.
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