Meme coin SCHIFFY briefly surged past $8.4 million in market cap early this morning, hitting an all-time high.
2 hours ago
According to GMGN market data, the Meme coin SCHIFFY on the Robinhood Chain ecosystem briefly hit a market cap of over $8.4 million early this morning, marking an all-time high. Its market cap has since fallen back to $7.48 million, with a 24-hour gain of 135.5%. SCHIFFY adopts the slogan "He doesn't fetch. He accumulates."—a parody of gold bull Peter Schiff—and is positioned as "the Dogecoin for gold hoarders". It is not paired with stablecoins; instead, it trades directly against tokenized gold GLD on Uniswap v4. Its transaction fee mechanism works as follows: 100% of SCHIFFY is burned, 90% of GLD is allocated to holders, and 10% goes to the treasury, forming a deflationary + gold dividend flywheel. The project is linked to game studio Moku HQ, which has experience with Axie and Pixels, and is intended for use as an in-game IP and spending token. BlockBeats reminds users: Meme coins are highly volatile and most lack real use cases; please avoid FOMO-driven investments.
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