BEM, a token on BSC (BNB Smart Chain), briefly exceeded an $8 million market capitalization, according to GMGN data cited by Odaily. Its reported market cap stood at $7.54 million, while the token had gained 115.6% over 24 hours. BEM is the core token of the TapeOut protocol, and users can continuously produce it through mining machines. Odaily cautioned that meme coin prices can be highly volatile and urged investors to participate carefully.