Odaily Planet Daily reports that, according to GMGN market data, the Genius.fun ecosystem meme coin GSTOCK has surpassed a market cap of $24 million, reaching a new all-time high of approximately $24.2 million, with a gain of over 170% today.
On the news front, CZ replied to crypto KOL Jasmy today, saying, "The idea of acquiring a public company through a meme certainly did not come from me." Notably, Jasmy has mentioned GSTOCK nine times in a row this week.
GSTOCK pairs with BNCB, the on-chain token of BNB treasury company BNC. GSTOCK is launched by Genius Terminal, an on-chain trading terminal invested by YZi Labs and advised by CZ.
Odaily reminds you that meme coin prices are highly volatile and easily influenced by market sentiment and trending events—please be aware of trading risks.
Recommended reading: Genius.fun, backed by CZ, is leading the Meme community in a reverse takeover of a public company?
