Robinhood ecosystem token FAMI briefly hits $26 million market cap, up over 380% intraday
According to GMGN data, Robinhood Chain ecosystem token FAMI briefly touched a $26 million market cap before rising over 210% intraday, now reported at $25.5 million.
Market attention may be linked to trader Rune's recently disclosed "tokenization of low-market-cap Nasdaq stocks + Meme coin" plan. Rune stated that he has spent approximately $1.8 million to acquire a 37.4% stake in a Nasdaq-listed company, and plans to tokenize the related equity on Robinhood Chain while launching a Meme coin paired with the tokenized stock. It is currently unconfirmed whether FAMI is directly related to Rune's described plan.
Odaily reminds that the related narrative has not yet been officially confirmed, and Meme coin prices are highly volatile. Please be aware of trading risks.
