Huo Xing Finance reports that, on September 8, according to GMGN data, the price of BNC4 surged to a high of $35 before plunging 85%, currently trading at $4.7. The 3-hour trading volume reached $69.6 million, closely tracking the after-hours U.S. stock price of its underlying asset, BNC ($4.16), ending its previous significant premium.
BNC4 price drops 85% after reaching a high of $35, now trading at $4.70
MarsBitShare
Summary
The BNC4 crypto price dropped 85% after reaching $35 on September 8 and is now trading at $4.7. Trading volume over three hours reached $69.6 million, aligning with the nighttime trading price of its underlying stock, BNC, at $4.16. The token previously traded at a significant premium.
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