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BlockBeats News, September 4th, according to TradingBeats (formerly Hyperinsight) monitoring, AMC's pre-market price increase has narrowed, with the current increase at 6.69%, now trading at $2.7.
Also, according to GMGN Market Data, the meme coin with AMC stock as its underlying asset MEME has seen a synchronous decline in market value, now falling below the $100 million mark to $94.07 million.
MEME utilizes the stock trading platform Robinhood, pairing with the tokenized US stock AMC Entertainment (American theater chain, stock symbol AMC) as the underlying pool, using the MEME/AMC trading pair to provide liquidity.
BlockBeats Note: Stock Meme is an emerging trend that directly combines traditional meme coins with tokenized US stocks: Meme coins are no longer paired with USDT or ETH but are directly matched with on-chain US stock tokens (such as NVDA, TSLA, AAPL, etc.), retaining the speculative nature being highly volatile and community-driven. Meanwhile, they leverage the popularity and narrative of real stocks. Transaction fees often partly flow back to the community treasury to accumulate the corresponding US stock tokens, forming a dual-driving model of "sentiment-driven speculation + real asset anchoring." Due to significant price fluctuations, investment should be approached with caution.
Disclaimer: The current content is sourced from third-party perspectives or directly translated by AI from third-party perspectives. CoinEx does not guarantee the authenticity, accuracy, and originality of the content, and it does not constitute any investment advice from CoinEx. The prices of cryptocurrencies are highly volatile, please be aware of the potential risks.
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