Meme coin 4Stock experiences a sharp pullback, falling below a $40 million market cap.

BlockBeats News, September 8 - According to GMGN data, the market cap of BSC ecosystem Meme coin 4Stock has sharply pulled back, falling below $40 million, halving from its peak. It is currently reported at $38 million, with a trading volume of $96.3 million in the 7 hours since its launch.

Note: 4Stock originates from the "Stock Meme" narrative introduced by Four.meme, which first launches 4Stock underlying assets pegged to stock assets, then allows the community to issue Memes using these assets as the base pool. BNC4 is the first 4Stock stock token, pegged 1:1 to BNC stock of the corresponding BNB treasury company. The Meme coin "4Stock" corresponds to the base pool BNC4.

BlockBeats reminds users that Meme coins often lack practical use cases and are subject to significant price volatility. Investment should be approached with caution.