CoinScoopBNC drops over 8% as BNC4 token trades at 10% premium
Shares of CEA Industries (BNC) fell more than 8% to $4.77 following the US market open. Meanwhile, the BSC-based token BNC4, which is designed to be 1:1 pegged to BNC, is trading at $5.25, reflecting a 10% premium over the underlying stock. The BNC4 token was launched on Four.meme following comments by CZ regarding the on-chain migration of IPOs.
Summaries are written by AI from the original article. Not investment advice.