BSC Meme Coin BNC4 Market Cap Drops Below $5 Million as BNC Pre-market Gains Narrow

The market capitalization of the BSC meme coin BNC4 has fallen below $5 million, currently at $4.72 million, following a 30% drop within five minutes. Meanwhile, the underlying stock BNC (CEA Industries) saw its pre-market gains narrow to 61.89%, trading at $5.69. BNC4 was recently launched by Four.meme as a 1:1 tokenized version of the stock following comments from Changpeng Zhao (CZ) regarding the future of IPOs on-chain.