BSC Meme coin Stonks market cap briefly surpasses $13 million, hitting a new all-time high

Odaily News, according to GMGN data, the market cap of BSC Meme coin Stonks briefly surged past $13 million, reaching a new all-time high, and is currently reported at $12.91 million.

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

Odaily reminds users that Meme coin prices are highly volatile, largely driven by market sentiment and concept speculation, and lack actual value or use cases. Investors should be mindful of the risks.