Robinhood Meme Coin MEME's Market Cap Surpasses $45 Million
Odaily News According to GMKN data, Robinhood Chain Meme coin MEME (A Meme Coin) briefly surpassed a market cap of $45 million, currently reported at approximately $45.6 million.
MEME is a typical event-driven news meme coin. Previously, Robinhood announced that its on-chain stock token DEX trading volume surpassed $3 billion within 63 days, now covering over 190 companies including AMC. Subsequently, AMC CEO Adam Aron publicly stated that AMC has no connection whatsoever to the related tokenized stocks, expressing displeasure with terms such as "despicable, outrageous, and disgusting," and stated he has requested external securities lawyers to investigate their legality.
These remarks subsequently sparked community memes, with some users interpreting AMC as "A Meme Coin," causing MEME to rise rapidly. Currently, Robinhood has not yet responded to Adam Aron's challenges.
Odaily reminds that this token has seen massive gains in a short period and is an event-driven meme coin. Its future trajectory may be highly dependent on related parties' responses and market sentiment. Please be aware of trading risks.
