Crypto meme project MEME’s market cap briefly tops $11 million, surging over 600 times in 24 hours.
56 minutes ago
According to GMGN data, the crypto-stock meme project MEME on Robinhood Chain saw its market capitalization briefly surge past $11 million to a new high, currently trading at $11.2 million. The token has rallied over 600 times in 24 hours, with a trading volume of $7.8 million. MEME is paired with tokenized U.S. stock AMC Entertainment (the U.S. theater chain), under the ticker AMC. Additionally, another crypto-stock meme project CINEMA on Robinhood is also paired with AMC, making the two tokens liquidity competitors. BlockBeats Note: Crypto-stock meme (Stock Meme) is an emerging concept that combines traditional meme coins with tokenized U.S. stocks: instead of pairing with USDT or ETH, meme coins are directly matched with on-chain U.S. stock tokens (such as NVDA, TSLA, AAPL, etc.). This model retains the high volatility and community-driven speculative traits of meme coins while leveraging the popularity and narrative of real stocks. Part of transaction fees often flows back to the community treasury to accumulate corresponding U.S. stock tokens, forming a dual-driven model of "sentiment speculation + real asset anchoring". Note: Price fluctuations are significant, invest with caution.
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