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Rune
@RuneCrypto_
earning yield onchain / @anyswapbot
Joined August 2022
3.1K Following    161K Followers
$220,000 in tokenized SP500 distributed through a memecoin on @BNBCHAIN here’s why i think stock memecoins are the next meta on BNB: @binance just launched bStocks: tokenized US equities, 1:1 backed, self-custodial, tradable 24/7 on BNB chain. zero maker fees until august. they’re going all in on this the problem is distribution. how do you get retail to hold tokenized stocks? the institutions have been trying to figure this out for years. the answer turned out to be memes? $SP69 has onboarded 6,000+ people into tokenized SP500 by just existing. 80% of all SPYb holders got there through this memecoin. $MARSCOIN distributed $950K in tokenized SpaceX at $40M mcap CZ said he’d buy a couple memecoins to try stuff. binance is pushing tokenized stocks harder than anything i’m in both, $SP69 & $MARSCOIN. the thesis is simple: memes are the distribution layer for binance’s stock infrastructure. the numbers already prove it. the mcaps hasn’t caught up yet
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$220,000 worth of tokenized SP500 (SPYb by @binance) distributed to $SP69 holders real, 1:1 backed tokenized stocks representing the 500 largest companies on earth, all sitting in degen wallets right now $220K and counting: every trade generates more, every day the number grows SPYb had 700 holders a few days ago. now it has 6600. memecoins did that. one ticker onboarded more people into tokenized stocks than every institutional campaign on @BNBCHAIN combined every dollar of volume on $SP69 creates new tokenized stock holders. every new holder strengthens the ecosystem @binance is building $220,000 distributed. the next $220K will come faster than the first hold the meme, earn the index
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