BNC4, a tokenized stock on the BSC chain, is trading at a premium of over 47% compared to its underlying stock in the U.S. market.

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BNC4, an altcoin to watch on the BSC chain, is trading at a 47% premium over its underlying stock, BNC, in the U.S. market. On-chain data shows BNC4 rose 13% in the past hour to $7.272, while BNC is at $5.15. BNC4 is the first 4Stock token under the Four.meme project, pegged 1:1 to BNB-backed BNC stock. The mechanism links 4Stock pools to real stock assets, enabling the community to issue meme tokens.

Odaily Planet Daily reports, according to GMGN data, the BSC chain’s token BNC4 rose 13% in the past hour, with its current price at $7.272. Meanwhile, according to BIT market data, the underlying U.S. stock BNC is trading at $5.15, with BNC4’s premium over the underlying stock expanding to over 47%.

BNC4 is the first 4Stock token under the Four.meme "Stock Meme" narrative, pegged 1:1 to the BNC stock, which represents the BNB treasury company. This mechanism first introduces 4Stock as the underlying asset tied to stock assets, then allows the community to issue Meme tokens based on this pool; the underlying pool for BNC4 is thus 4Stock.

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