Meme coin FRONTIER hits $3 million in just 10 minutes post-launch, paired with ANTHROPICx1L via the Long.xyz platform.
47 minutes ago
According to GMGN data, Robinhood's on-chain meme coin FRONTIER hit a market cap of $3 million and trading volume of $2.3 million just 10 minutes after launch. FRONTIER is inspired by a recent article from Anthropic CEO Dario Amodei, in which he explains to the public why the AI industry should slow down and proposes a three-part plan to achieve this. FRONTIER trades in pairs with ANTHROPICx1L (Anthropic 1x Long tokenized position) via the Long.xyz platform. Long.xyz is Robinhood's on-chain meme coin launch platform, focused on an innovative "coin-stock meme" model that ties traditional meme coins directly to tokenized U.S. stocks, forming a dual-driven mechanism of "sentiment speculation + real asset anchoring". The platform allows users to issue meme tokens and pair them directly with on-chain U.S. stock tokens (such as NVDA, TSLA, AAPL, etc.) instead of traditional USDT or ETH pairs. A portion of transaction fees flows back to the community treasury to accumulate the corresponding U.S. stock tokens, creating a unique value capture model. Anthropic currently has high IPO expectations, but as it remains unlisted, direct long positions are difficult in traditional markets. On-chain platforms like this provide speculative exposure via such tokenized long positions paired with meme coins, representing an upgraded version of the earlier trend of pairing meme coins with stock tokens like NVDA. BlockBeats reminds users that related tokens have high price volatility and significant uncertainty, so users should exercise caution when investing.
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