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Coin-stock Meme project MEME's market cap surpasses $130 million, surging over 41% in 24 hours.
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BlockBeats News, September 8 - According to GMGN data, MEME, the Stock Meme project on Robinhood Chain, has seen its market cap surpass $130 million, currently reported at $132 million, with a 24-hour surge of over 41%.

MEME leverages the stock trading platform Robinhood, pairing with tokenized US stock AMC Entertainment (US cinema chain, ticker: AMC) as the base pool, providing liquidity through the MEME/AMC trading pair.

BlockBeats Note: Stock Meme is an emerging玩法 that directly combines traditional Meme coins with tokenized US stocks: Meme coins are no longer paired with USDT or ETH, but instead form trading pairs directly with on-chain US stock tokens (such as NVDA, TSLA, AAPL, etc.), preserving the high-volatility, community-driven speculative nature of Meme coins while anchoring to the hype and narrative of real stocks. Trading fees often partially flow back to the community treasury to accumulate corresponding US stock tokens, creating a dual-driven model of "sentiment speculation + real asset anchoring." Price volatility is significant, and investment requires caution.

Source: BlockBeats

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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