Genius.fun has seen 13,001 tokens created within 24 hours of its launch, with a total of $529,400 in fee splits distributed to creators.
1 hours ago
On-chain trading terminal Genius Terminal, which is invested in by YZi Labs and has CZ as an advisor, has released the 24-hour data for its new token launch platform Genius.fun: 13,001 tokens have been created, with a total of $529,400 in fee splits paid to creators and $303,100 in buyback amounts. On the evening of September 17, token launch platform Genius.fun was officially launched on BNB Chain, allowing creators to transfer tokenized stocks such as bSTOCKS to a neutral foundation and unwrap them, so as to exercise equity-related rights off-chain. According to GMGN market data, among the tokens issued by Genius.fun so far, GSTOCK has the highest market cap, currently at $6.9 million, and once quickly surged past $10 million after launch. The GSTOCK token is paired with BNCB, the on-chain token of BNB Treasury Company BNC, as its liquidity pool base. BlockBeats reminds users that the prices of related tokens are highly volatile, and users should exercise caution when investing.
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