Scilex (SCLX) Stock Jumps After Dream Bowl Meme Coin Listing Update: Why Is It Moving?

URL has been copied successfully!

Scilex Holding Company (NASDAQ:SCLX) shares surged 18.79% in Tuesday’s regular session after the company announced that its Dream Bowl I Meme Coin tokens could begin trading on Biconomy Exchange as early as June 23.

Scilex is a revenue-generating biotech company focused on non-opioid pain management products for acute and chronic pain, along with neurodegenerative and cardiometabolic diseases.

Meme Coin Listing Fuels Rally

Scilex said the token listing could improve liquidity and enable broader distribution for eligible token holders.

Biconomy serves more than 10 million users across over 180 countries and ranks among the top 40 global crypto exchanges by trading volume, with an average daily volume of about $2 billion.

As previously announced, Scilex stockholders and certain eligible equityholders as of the April 30 record date became entitled to …

Full story available on Benzinga.com

Please follow us:
Follow by Email
X (Twitter)
Whatsapp
LinkedIn
Copy link

This post was originally published here