Meme Coin BONER Raises $70 Million in Just 3 Days, Top Address Gains $1.73 Million

On September 1, the meme coin BONER raised $70 million in just three days, with its current market cap falling to $53.56 million. The top address for this token belongs to crypto KOL Eric (@econoar) from the FOMO platform, who started accumulating when the market cap was $170,000, investing a total of $26,800 at an average purchase price of $826,000 market cap, resulting in an unrealized gain of $1.728 million. This morning, he continued to buy BONER in small amounts. Analysts suggest that the rapid increase in the token's market cap may be attributed to the limited circulation of the paired stock token HIMS on the Robinhood chain, which was only about 15,000 units last Friday. BONER has been continuously pushed up by buying pressure, causing HIMS's price to deviate significantly from its actual stock price, peaking at a 2x premium, further driving up BONER. Meme stocks combine traditional meme coins with tokenized U.S. stocks, creating a new trading model where the trading pairs are directly composed of U.S. stock tokens on the chain, forming a dual-driven model of "sentiment speculation + real asset anchoring."

This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.