
According to the market data from Gate.io, the price of the FORM token is currently $2, with a 24-hour increase of 5.57%. The current circulating market value of the FORM token is $760 million, ranking 79th in the market.
BinaryX Recently, there have been frequent changes in token symbols in the blockchain and GameFi fields, from $BNX to $Four to $FORM, which has attracted widespread attention in the market. Behind this series of rebranding, it reflects BinaryX‘s significant adjustments in brand, ecosystem expansion, and market strategy.
- $BNX (2021): Initially as based on BNB Token of the chain, supporting Play-to-Earn (P2E) games like ‘CyberDragon’ and ‘CyberChess’, and taking on DAO governance and staking functions.
- $Four (February 2024): Influenced by the BNB Chain Meme Token craze, BinaryX renamed $BNX to $Four, hoping to enhance market recognition in the Meme and GameFi fields.
- $FORM (February 2025): Due to the confusion caused by the symbol “Four” being used by multiple projects in the community, BinaryX has decided to rename $Four to $FORM, while giving it a broader DeFi, GameFi, and Meme ecosystem application, further upgrading the brand image.
BinaryX’s strategic intent
- Brand upgrade: BinaryX attempts to unify the brand image of the Four ecosystem, making $FORM a symbol of innovation in the blockchain industry.
- Community sharing: $Four has become Web3 Cultural assets, BinaryX returns them to the community by renaming them to eliminate market confusion, while making $FORM the core token.
- Ecosystem Expansion: BinaryX remains committed to the integration of GameFi, DeFi, and Meme ecosystems, promoting the development of the Four.Meme platform, and empowering community governance through DAO.
As a project that combines GameFi and DAO, BinaryX still has strong market competitiveness. However, frequent renaming may raise doubts among investors about its long-term strategy stability. The future market positioning of $FORM depends on the continuous development of the BinaryX ecosystem and the community’s acceptance.
Author:
Icing, Gate.io Researcher
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