Robinhood Meme Coin MEME's Market Cap Briefly Hits $100 Million, Up Over 3,400x Intraday
Odaily News According to GMGN data, Robinhood Chain Meme coin MEME (A Meme Coin) briefly saw its market cap touch $100 million, currently reported at approximately $76 million, up over 3,400 times intraday.
MEME is a typical event-driven news Meme coin. Previously, Robinhood announced that its on-chain stock token DEX trading volume exceeded $3 billion within 63 days, currently covering over 190 companies including AMC. Subsequently, AMC CEO Adam Aron publicly stated that AMC has no connection whatsoever with the related tokenized stocks, expressing his displeasure with terms such as "contemptible, outrageous, and disgusting," and stated that he has requested external securities lawyers to investigate their legality.
His remarks subsequently sparked meme-making within the community, with some users interpreting AMC as "A Meme Coin," causing MEME to surge rapidly. Robinhood has not yet responded to Adam Aron's criticisms.
AMC CEO Once Again Attacks Robinhood Stock Tokens, Demands Halt to AMC Stock Token Trading
Odaily reminds readers that this token has seen enormous 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.
