GSTOCK market cap hits record $24 million, up over 170% intraday
The meme coin GSTOCK, part of the Genius.fun ecosystem, has reached a record market capitalization of over $24 million, rising more than 170% today. The surge follows comments from Changpeng Zhao (CZ) regarding a meme coin acquisition idea, and repeated mentions of the token by crypto influencer Jasmy. GSTOCK is paired with BNCB, an on-chain token from the BNB treasury company BNC. Genius.fun is a platform launched by Genius Terminal, which is advised by CZ and backed by YZi Labs.
Summaries are written by AI from the original article. Not investment advice.