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GSTOCK Market Cap Hits Record High Above $24 Million, Surges Over 170% Intraday

OdailyOdaily

Odaily News: According to GMGN market data, the market cap of GSTOCK, a Meme coin in the Genius.fun ecosystem, has broken through $24 million to reach a record high, currently at approximately $24.2 million, up over 170% intraday.

On the news front, CZ today replied to crypto KOL Jasmy, saying, "The idea of acquiring a listed company through a Meme was definitely not my own." Notably, Jasmy has mentioned GSTOCK in posts 9 consecutive times this week.

GSTOCK uses BNCB, the on-chain token of BNB treasury company BNC, as its liquidity pool pairing. Genius.fun was launched by Genius Terminal, an on-chain trading terminal invested in by YZi Labs with CZ serving as an advisor.

Odaily reminds readers that Meme coin prices are highly volatile and easily influenced by market sentiment and trending events. Please be aware of trading risks.

Recommended reading: Is CZ-backed Genius.fun leading the Meme community in a reverse takeover of a listed company?

This content is for informational and educational purposes only and does not constitute investment advice related to BTCC. BTCC makes every effort but cannot guarantee the truthfulness, accuracy, or originality of the content above.