Data: BSC Meme Coin UPONLY's short-term market value exceeded 4 million USD, with an intraday increase of over 90 times

According to GMGN data, the market capitalization of the Meme coin UPONLY on the BSC chain briefly surpassed 4 million USD, with an intraday increase of over 90 times, currently reported at approximately 3.7 million USD.

According to community information, the concept of UPONLY originates from CZ's earlier proposal of "stocks that will never go down," which means using reserve funds for buybacks whenever the price drops by a certain amount, to create a price support mechanism.

ChainCatcher reminds users that the price of Meme coins is highly volatile, largely relying on market sentiment and conceptual speculation, with no actual value support at present. Investors should pay attention to asset safety and participate cautiously.