BSC Meme Coin Stonks Market Cap Surpasses $19M, Reaches All-Time High

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Meme coin news: The BSC-based Stonks reached a new all-time high of $15.2 million, pushing its market cap above $19 million. The coin’s surge follows BNB Chain’s “BNB Stonks Szn” campaign, which rebranded “Stocks” as “Stonks.” Stonks also announced on X that 80% of platform revenue will be used to buy back and burn tokens. Market updates indicate that meme coins remain highly volatile, with no intrinsic value—investors are advised to carefully assess the risks.

Odaily Planet Daily reports that, according to GMGN data, the BSC meme coin Stonks briefly surpassed a market cap of $19 million, hitting a new all-time high, and is currently trading at $15.2 million.

It is reported that the Stonks narrative originated from the "BNB Stonks Szn" campaign launched on the BNB Chain. The promotional posters used the meme-style spelling "Stonks" instead of the standard "Stocks," a common meme expression within the crypto community.

Additionally, Stonks posted on X today stating its plan to use 80% of platform revenue to repurchase and burn STONKS.

Odaily reminds users that meme coins experience significant price volatility, largely driven by market sentiment and speculative hype, with no real value or use case; investors should be aware of the risks.

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