I was researching it a bit more and it seems that there are more of these 'memecoins' that pay out tokenized stocks. I saw that one of the bigger ones is Marscoin (Link) which pays out Spacex stock and it had a 37 Million market cap running on Binance chain.

The way I see it, long-terms these kind of coins are unlikely to work as holder need the volume of traders have Dividends but traders are kind of getting killed by the 4% tax. It's only been a day and I will look to slowly reduce my exposure a bit if the price pumps a bit again.

I like to think about the idea of holding 2%+ of the supply and see the coin run up to multiple millions of market cap on high volume but at the same time it feels like a longshot and more likely for volume to get lower as time passes for things to sooner than later die. It is an interesting concept though which triggered me and hopefully will trigger many more going forward.

Good Luck!