Meme crypto token project MEME has exceeded a market capitalization of $40 million, surging 36.7% in the past 24 hours.
36 minutes ago
According to GMGN data, the stock-meme project MEME on Robinhood Chain has seen its market capitalization exceed $40 million, now retreating to $38 million, with a trading volume of $6.9 million in the same period and a 24-hour gain of 36.7%. MEME leverages stock trading platform Robinhood, pairing its token with tokenized U.S. cinema chain AMC Entertainment (ticker: AMC) as a liquidity pool, providing liquidity via the MEME/AMC trading pair. BlockBeats Note: Stock Meme is an emerging concept that merges traditional meme coins with tokenized U.S. stocks: instead of pairing meme coins with USDT or ETH, they are directly paired with on-chain U.S. stock tokens (such as NVDA, TSLA, AAPL, etc.). This model retains meme coins’ high volatility and community-driven speculative traits while tapping into the popularity and narratives of real stocks. A portion of transaction fees typically 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; investors should exercise caution.
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