QMMM Holdings Ltd (QMMM) saw an explosive rise in its stock price on Tuesday, closing the regular trading session with a massive gain of over 1700%. But after the market closed, the stock started dropping fast.

So what caused this wild ride?

QMMM announced a bold move into the world of blockchain and artificial intelligence. The company is building what it calls a “crypto-autonomous ecosystem,” combining AI technology with blockchain to create new tools for digital finance.

As part of this plan, QMMM will launch a $100 million crypto treasury. This fund will invest in major cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and Solana (SOL). The goal is to back its ecosystem with strong digital assets.

In addition, QMMM is creating a decentralized data marketplace. This platform will use AI to analyze large sets of trading data, giving investors smarter insights and helping them make better decisions.

QMMM’s CEO, Bun Kwai, said the company wants to lead the shift toward Web3 – the next generation of the internet powered by blockchain. He emphasized that QMMM aims to grow responsibly, follow regulations, and work with partners to build a strong ecosystem.

Despite the hype during regular hours, QMMM’s stock took a big hit after-hours. After closing at $207—a huge jump from its $14.92 opening price—the stock fell nearly 50%, landing around $105 in after-market trading.

Key takeaways:
– QMMM stock soared 1736.73% during Tuesday’s session.
– The company is launching a new AI and blockchain-powered ecosystem.
– A $100 million crypto treasury will support Bitcoin, Ethereum, and Solana.
– A decentralized marketplace will help traders with AI-based insights.
– Shares dropped significantly after hours despite the earlier surge.

Keywords: QMMM stock, blockchain, AI, crypto treasury, Bitcoin, Ethereum, Solana, Web3, decentralized data marketplace, stock price surge, after-hours trading.