Meme coin CINEMA briefly hit a market cap of over $12 million before falling back to $4 million, surging more than 10-fold in 24 hours.
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According to GMGN data, the stock-meme project CINEMA on Robinhood Chain briefly surged past $12 million in market cap to a new high before quickly retreating to $4 million. The token has rallied over 10-fold in 24 hours, with trading volume reaching $6.5 million. CINEMA is paired with tokenized US stock AMC Entertainment (the American theater chain), under the ticker AMC. BlockBeats Note: Stock Meme is an emerging concept that merges traditional meme coins with tokenized US stocks. Instead of pairing meme coins with USDT or ETH, they form trading pairs directly with on-chain US stock tokens (e.g., NVDA, TSLA, AAPL). This model retains meme coins’ high volatility and community-driven speculative traits, while tapping into the popularity and narrative of real stocks. Typically, a portion of transaction fees flows back to the community treasury to accumulate the corresponding US stock tokens, forming a dual-driven model of "sentiment hype + real asset anchoring". Prices are highly volatile, so investors should exercise caution.
Crypto meme project AMC briefly surged past $4 million in market capitalization within its first hour of launch, with trading volume hitting $7.6 million.
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Samsung Electronics rose 2.6%, while SK Hynix gained over 4%.
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Crypto-stock Meme project MEME briefly surpassed $20 million in market capitalization, notching an 800x gain in the past 24 hours.
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U.S. spot Bitcoin ETFs recorded a net inflow of $730.8 million yesterday.
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Yesterday, U.S. Ethereum spot ETFs recorded a net inflow of 141.4 million U.S. dollars.
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Qianwen Office has surpassed 30 million users just one month after its launch, having completed 120 version updates.
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