HuoXing Finance reports that, according to GMGN data, over the past two and a half hours, NiuLai fell 10% and MarsCoin dropped 14.5%, potentially due to the sudden surge in price of the new tokens 4Stock and BNC4. 4Stock is a “stock meme” narrative launched by Four.meme, initially introducing 4Stock as an underlying asset tied to stock assets, followed by allowing the community to issue memes backed by this asset. BNC4 is the first 4Stock, pegged 1:1 to its corresponding stock asset.
MarsCoin Drops 14.5% Amid Surge in 4Stock and BNC4
MarsBitShare
Summary
Meme coin news broke on September 8, with MarsCoin falling 14.5% in 2.5 hours, according to GMGN data. Nula also dropped 10%. The decline coincided with surges in 4Stock and BNC4. 4Stock, a new digital asset news project from Four.meme, allows users to link tokens to stock assets. BNC4 is the first token, pegged 1:1 to its underlying stock.
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