BNC4 Premium Exceeds 47% Against BNC Amid 13.66% One-Hour Surge

iconChainthink
Share
AI summary iconSummary
BNC4, a real-world assets (RWA) news token on BSC, surged 13.66% in one hour to $7.36. The underlying stock, BNC, trades at $5.15, resulting in a 47% premium. BNC4 is part of Four.meme’s 4Stock series, which is pegged 1:1 to BNC shares. The 4Stock concept combines meme coin culture with real-world assets, enabling the community to create memes using tokenized stocks. Meme coins remain highly volatile and lack real-world utility.

ChainThink reports that, according to GMGN data, the BSC-chain token BNC4 rose 13.66% in the past hour and is currently trading at $7.36.

According to BIT (bit.com) market data, U.S. stock BNC is currently trading at $5.15, with the premium between the crypto asset and its underlying stock further widening.

BNC4 is the first stock token in the 4Stock series launched by Four.meme, pegged 1:1 to the BNC shares of the BNB treasury company.

4Stock originated from the "stock Meme" narrative, first introducing underlying assets tied to stock assets, then allowing the community to issue Meme tokens backed by these assets; the Meme coin "4Stock" corresponds to the underlying pool BNC4.

Please note that meme coins often have no real-world use cases and experience significant price volatility—invest with caution.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.