Crypto Meme project MEME’s market capitalization briefly surged past $130 million, marking a new all-time high.
49 minutes ago
According to GMGN data, the meme stock crypto project MEME on Robinhood Chain has been rallying, with its market capitalization briefly surging past $130 million to a new all-time high before pulling back to $115 million. The token has surged over 1,000% in 24 hours, with trading volume reaching $77.8 million. MEME leverages Robinhood, a stock trading platform, pairing with tokenized US theater chain AMC Entertainment (stock ticker: AMC) as its liquidity pool, providing liquidity via the MEME/AMC trading pair. BlockBeats Note: Stock Meme is an emerging concept that combines traditional meme coins with tokenized US stocks. Unlike meme coins paired with USDT or ETH, these tokens are directly paired with on-chain US stock tokens (such as NVDA, TSLA, AAPL, etc.). This model retains meme coins' high volatility and community-driven speculative traits, 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 US stock tokens, forming a dual-driven mechanism of "sentiment speculation + real asset anchoring". Price fluctuations are significant, so investment requires caution.
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