Meme Coin CME on Robinhood Chain Surges Past $8 Million in Market Cap

According to official announcements, Bithumb, South Korea's second-largest cryptocurrency exchange, will list Cluster Protocol (CP).

Data shows that Point Farm Capital, the top-ranked account on the FOMO platform’s daily leaderboard, currently holds approximately $9.8248 million in assets, with a paper gain of around $713,900 over the past 24 hours. Notably, its path to this paper gain was not smooth: records indicate the account once posted a paper loss of $2.695 million within the 24-hour window, but eventually turned a profit thanks to a sharp rally in STONK, pushing it to the top of the daily leaderboard. According to GMGN data, STONK has just hit an all-time high market cap of $190 million, with a 24-hour price increase of 50% and a 24-hour trading volume of $69.5 million. Data shows that STONK is the token generating the largest unrealized profit in Point Farm Capital’s portfolio, with a holding value of roughly $7.1898 million, cumulative unrealized profit of about $6.7478 million, and a return of approximately 1357.59%. The account’s average entry cost is around $1.3 million, while STONK’s current market cap stands at $176 million.

Boosted by expectations of faster interest rate hikes from the Bank of Japan and potential capital inflows into Japanese assets, the yen has extended its recent rally against the U.S. dollar. During Tuesday’s Asian trading session, the yen rose to a six-month high against the U.S. dollar, surpassing levels hit in late July when the U.S. and Japan intervened jointly in the foreign exchange market to curb the yen’s weakness. After Japanese Finance Minister Katsunobu Kato stated Japan will continue coordinating with the U.S. to ensure market stability, investors remain alert to the possibility of further intervention. Kato said at a Tuesday press conference: “We will maintain close communication with the U.S. Treasury and strive to preserve order in the foreign exchange market. Since the joint currency intervention with the U.S., our policy stance has not changed at all.” Christopher Wong, foreign exchange strategist at Oversea-Chinese Banking Corporation (OCBC) Research Department, noted: “The market has now almost fully priced in a 25-basis-point interest rate hike at next week’s Bank of Japan meeting. Remarks from economic advisor Sanae Takaichi have also driven a shift in rate expectations, with her projecting further tightening after a September rate hike.” (Source: Jin10)

Beating AI Express (from Dongcha) – NVIDIA CEO Jensen Huang shared data from compute power marketplace Ornn. Ornn noted that the H100, a training GPU released years ago, has seen its rental price surge by 22% over the past month, reaching a new high of $3.28 per unit per hour. Huang used this to emphasize that NVIDIA’s compute power can be continuously rented out for profit, serving as a revenue-generating asset. Ornn’s H100 Index is calculated based on actual rental transaction prices. Its daily settlement price on September 7 stood at $3.17 per hour, and Ornn’s latest displayed price has since climbed to $3.28. This data directly supports the "compute power durability" logic that Huang has repeatedly highlighted recently. NVIDIA also stated in its latest earnings call that GPUs can be redeployed across different clients and workloads.

According to official announcements, Upbit will list Cluster Protocol (CP), supporting trading pairs against KRW, BTC, and USDT.

According to market data, driven by CP’s listing on Upbit, South Korea’s largest cryptocurrency exchange, the token saw a short-term surge of over 50% and is now trading at $0.0256.