Binance-Linked Rensheng Token Rises Above $110 Million Market Cap

According to GMGN, the token briefly exceeded a $110 million market capitalization and was later at $113 million, while posting a daily gain of more than 40%.

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Terms & Concepts
  • Market capitalization: The total value of a token, typically calculated by multiplying its current price by circulating supply.
  • Token: A digital asset issued on a blockchain, often used for trading, payments, or access within a crypto ecosystem.