Meme cryptocurrency FATCOIN surges more than 500% in 24 hours, reaching a new all-time high with a market cap exceeding $10 million.

According to GMGN market data, the meme coin FATCOIN on Robinhood Chain has hit a new all-time high, with its market cap surpassing $10 million, surging over 5x in 24 hours and posting a 24-hour trading volume of $7.5 million. FATCOIN (nicknamed "Fat Coin") is paired with tokenized U.S. stock of weight loss drug leader Eli Lilly (LLY). BlockBeats Note: Stock Meme refers to an emerging trend that combines traditional meme coins with tokenized U.S. stocks: instead of pairing with USDT or ETH, meme coins form trading pairs directly with on-chain U.S. stock tokens (e.g., NVDA, TSLA, AAPL, etc.). This model retains meme coins' high volatility and community-driven speculative attributes while tapping into the popularity and narratives of real stocks. A portion of transaction fees is often returned to the community treasury to accumulate the corresponding U.S. stock tokens, forming a dual-driven model of "sentiment speculation + real asset anchoring". Note: Price volatility is significant, so investment requires caution.