Robinhood Meme Coin SLINK Market Cap Briefly Hits $70 Million Before Dropping Back to $16 Million

According to Odaily, data from GMKN shows that the market cap of the Meme coin SLINK on the Robinhood Chain briefly reached $70 million before rapidly declining, and is now reporting around $16 million.

It is understood that the SLINK narrative originates from the Neuralink-backed social experiment ShivoLink. The project connects multiple Neuralink implant recipients to the same X account, enabling them to publish content through a brain-computer interface. Neuralink co-founder Shivon Zilis publicly expressed support for the project, and Elon Musk subsequently responded to related tweets with "💯", drawing community attention.

Odaily reminds users that Meme coin prices are highly volatile, and the official relationship between SLINK and the ShivoLink project has not yet been confirmed. Users are advised to safeguard their assets and participate with caution.