Robinhood Meme Coin MEME Market Cap Surpasses $60 Million, Surging Over 3,100x Intraday
Odaily News, according to GMGN data, Robinhood Chain Meme coin MEME (A Meme Coin) briefly surpassed a $60 million market cap, currently reported at approximately $59.79 million, surging over 3,100x intraday.
MEME is a typical event-driven news meme coin. Previously, Robinhood announced that its on-chain stock token DEX trading volume surpassed $3 billion in 63 days, currently covering over 190 companies including AMC. Subsequently, AMC CEO Adam Aron publicly stated that AMC has nothing to do with the related tokenized stocks, expressing discontent with words such as "despicable, outrageous, and disgusting," and stated that he has requested external securities lawyers to investigate their legality.
The remarks subsequently sparked community meme-making, with some users interpreting AMC as "A Meme Coin," causing MEME to quickly surge. Currently, Robinhood has not yet responded to Adam Aron's criticism.
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.
