Multicoin Capital Transfers 261,000 HYPE Tokens to Coinbase, Valued at $21.7 Million

According to GMGN market data, the meme coin microduck — modeled after an open-source robot from Hugging Face — briefly surged past $28 million in market capitalization, hitting a new all-time high. Its 24-hour trading volume reached $16.7 million, with a 17% 24-hour price gain. The meme coin draws inspiration from Hugging Face’s real open-source small robot "Microduck", released on August 27, 2026: a 25cm duck-shaped reinforcement learning (RL) robot priced at roughly $399, and also incorporates related NVIDIA acquisition rumors. It has no official connection to Hugging Face, Pollen Robotics, or NVIDIA; it is an independent meme token launched by the community capitalizing on the trend. BlockBeats reminds users: Most meme coins have no practical use cases and are highly volatile. Please protect your assets and avoid FOMO.

According to GMGN data, SPACEHOOD, a meme coin paired with the SPCX stock issued via Long.xyz on the Robinhood chain, has hit a new all-time high with a market cap exceeding $21 million. Its current market cap stands at $15 million, up over 27% in 24 hours, with a 24-hour trading volume of $11.4 million, ranking third in Long.xyz’s 24-hour volume rankings. Stock Meme, an emerging trend merging traditional meme coins with tokenized U.S. equities, operates on a distinct mechanism: instead of pairing with USDT or ETH, meme coins form trading pairs directly with on-chain U.S. stock tokens (e.g., NVDA, TSLA, AAPL). This model preserves meme coins’ high volatility and community-driven speculative traits while tapping into the popularity and narratives of real stocks. Typically, a portion of transaction fees flows back to community treasuries to accumulate the corresponding U.S. stock tokens, forming a dual-driven model of "sentiment speculation + real asset anchoring". BlockBeats reminds users that meme coins are highly volatile, so investment should be approached with caution.

On-chain analyst Ai Yi (@ai_9684xtpa) monitored that as ETH fell below $2,400, the whale holding a long position of 45,000 ETH has incurred an unrealized loss of $4.1 million. The whale added 28,300 ETH to its position on August 31 when ETH’s price dropped below $2,500. Its current latest position exceeds $107 million, ranking as the second-largest ETH position on Hyperliquid. The entry price is $2,486.37, liquidation price is $2,252.68, leaving a remaining buffer of $233.69.

AI programming startup Cognition AI is set to close a new funding round that will push its valuation to around $47 billion. According to sources familiar with the matter, the latest round is valued at roughly $1 billion. The sources added that Cognition’s demand for this round far outstripped expectations, so the final funding size could exceed $1 billion. The company has received nearly $10 billion in letters of intent to invest, with negotiations still underway and specific details subject to change.

Pump.fun official announcement: The limit order feature for the Solana blockchain is now live, enabling users to set take-profit and stop-loss orders in the Pumpfun application.

According to Bitget's market data, spot gold dipped to $4,300 per ounce, down 0.67% on the day.