4Stock quickly raised $40 million, with top profitable addresses seeing floating gains of $500,000, as the FOMO community joins the fray.

BlockBeats News, September 8 - Today, the BSC chain witnessed a "short squeeze" narrative, with meme coin 4Stock surging to a market cap of $40 million within 2 hours of launch. As of press time, GMGN data shows that the top profitable address for this token is a newly created address, which invested a total of $124,000 at an average market cap of $7 million. It currently holds 1.77% of the token supply and has not made any sell or transfer moves yet.

On the other hand, the second most profitable address is crypto KOL Wick Li (@SuperL9), who invested $4,000 at an ultra-low market cap of $144,000, accumulating profits of $476,000. In the past half hour, this address has been consistently reducing its position, locking in $228,000 in profits so far.

In addition to the aforementioned profitable addresses, multiple KOLs from the fomo community are buying this token. Among them, pow has bought $153,000 at an average entry market cap of $30.8 million. Logan Lim has bought $129,600 at an average entry market cap of $18.7 million.

Note: 4Stock is a "Stock Meme" narrative launched by Four.meme, which first introduces 4Stock underlying assets linked to stock assets, and then allows the community to issue Memes using these assets as the base pool. BNC4 is the first 4Stock, pegged 1:1 to the corresponding stock asset.