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.
1 hours ago
According to GMGN data, the stock-meme token project AMC on Robinhood Chain saw its market cap briefly surpass $4 million within one hour of launch, with trading volume reaching $7.6 million. The market cap has since retreated to $2 million. The AMC meme token leverages stock trading platform Robinhood, pairing with tokenized AMC Entertainment (the U.S. cinema chain with stock ticker AMC) as its liquidity pool, using the AMC/AMC trading pair to provide liquidity. Additionally, on-chain data shows that trader Bonk Guy transferred AMC tokens from a sub-address to his main address and holds them, with the current position valued at approximately $18,000. BlockBeats Note: Stock Meme is an emerging concept that combines traditional meme coins with tokenized U.S. stocks. Instead of pairing with USDT or ETH, meme coins are directly paired with on-chain U.S. stock tokens (such as NVDA, TSLA, AAPL, etc.). This retains the high volatility and community-driven speculative nature of meme coins while tying to the popularity and narrative of real stocks. A portion of transaction fees often flows back to the community treasury to accumulate corresponding U.S. stock tokens, forming a dual-driven model of "sentiment speculation + real asset anchoring". Prices are highly volatile; invest with caution.
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