[4Stock Rapidly Hits $40 Million, Top Profitable Address Gains $500K, FOMO Community Joins the Battle] BlockBeats News, September 8: Today, the BSC chain witnessed a 'short squeeze' narrative as the meme token 4Stock reached a market cap of $40 million within 2 hours of launch. As of press time, GMGN data shows that one of the profitable addresses on the leaderboard is a newly created address, which invested a total of $124,000 at an average market cap of $7 million. The address currently holds 1.77% of the tokens and has not made any sell or transfer actions yet. On the other hand, the second most profitable address belongs to crypto KOL Wick Li (@SuperL9), who invested $4,000 when the market cap was at a low $144,000, accumulating a profit of $476,000. Over the past half hour, this address has been actively reducing its holdings, locking in $228,000 in profits so far. Apart from the aforementioned profitable addresses, several KOLs from the FOMO community are buying into the token. Among them, pow has purchased $153,000 worth of tokens at an average entry market cap of $30.8 million, while Logan Lim has bought $129,600 worth at an average entry market cap of $18.7 million. Note: 4Stock is a 'stock meme' narrative launched by Four.meme, which first introduces 4Stock as an underlying asset tied to stock assets, then allows the community to issue memes based on this asset pool. BNC4 is the first 4Stock, pegged 1:1 to corresponding stock assets. [Original Link]