ChainThink reports that on September 8, under the "short squeeze" narrative on the BSC chain, the meme coin 4Stock reached a market cap of $40 million within two hours of launch.
GMGN data shows that the top-profitable address is a newly created one, which has accumulated an investment of $124,000 at an average market cap of $7 million, holding a 1.77% stake, with no sales or transfers made yet.
The second-highest profit address belongs to crypto KOL Wick Li (@SuperL9), who invested $4,000 when the market cap was $144,000, accumulating a total profit of $476,000;
Continuous position reduction over the past half-hour has locked in $228,000 in profits. Additionally, several KOLs in the FOMO community are buying: POW has purchased $153,000 at an average entry market cap of $30.8 million;
Logan Lim has purchased $129,600 at an average entry market cap of $18.7 million.
4Stock introduces the "Stock Meme" narrative by first launching 4Stock as the underlying asset tied to stock assets, then allowing the community to issue Meme tokens backed by this pool.
BNC4 is the first 4Stock, pegged 1:1 to the underlying stock asset.