BlockBeats News, September 5th, according to GMGN market data, the Robinhood ecosystem Meme coin GRASS reached a short-term market cap of $13.6 million this morning, hitting a new all-time high, and has now retraced to $8.3 million. The 24-hour price surged by 111%, with a trading volume of $8.7 million.

GRASS combines the "Touch Grass" internet meme with a "stock version of Pokémon GO" gameplay. The official description indicates that it is a location-based game where real stock fragments (tokenized stocks like AAPL, NVDA, TSLA, GME on the Robinhood Chain) will "spawn" at the actual locations of the corresponding companies (Apple Stores, GameStop, Tesla dealerships, etc.). By walking to these locations and interacting, users can collect these real tokenized stock fragments into their wallets.

BlockBeats reminds users: Most Meme coins lack practical use cases and experience significant price volatility. Please ensure asset protection and avoid FOMO.