BlockBeats News, September 4th, according to GMGN data, the newly launched meme coin on the BSC chain, Stonks, achieved a one-hour market cap express of $2.5 million, and is currently trading at $2.52 million.

This meme coin took inspiration from the BSC official trading event 'BNB Stonks Szn' (Stonks is also American slang, synonymous with Stocks) and is paired against the tokenized US stock QQQ (Invesco QQQ Trust, tracking the Nasdaq 100 index) on the BSC.

BlockBeats reminds users that the price of such tokens is highly volatile, and advises caution when investing.