4Stock market cap plunges 48% after topping $47 million

  • 4Stock’s market capitalization fell about 48% after exceeding $47 million.
  • 4Stock reached a $24.88 million low and later reported a $35 million market cap.
  • BNC4 is the first 4Stock, anchored 1:1 to its corresponding stock asset.

4Stock’s market capitalization briefly exceeded $47 million before dropping about 48% to a low of $24.88 million, according to GMGN data cited by BlockBeats on Sept. 8. It later stood at $35 million, while three-hour trading volume reached $33.9 million. The project is part of Four.meme’s stock-themed Meme narrative: it first introduces an underlying 4Stock asset linked to a stock asset, then allows the community to issue Meme assets using that asset as a liquidity pool. BNC4 is the first 4Stock and is anchored 1:1 to its corresponding stock asset.

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