MEME market cap drops over 40% in 6 hours, Robinhood ecosystem's major Meme coins see broad decline

According to GMGN data from Odaily, Robinhood ecosystem's major Meme coins have seen a broad decline, including:

1. MEME's market cap is currently reported at $36.86 million, down 41.32% in the last 6 hours;

2. microduck's market cap is currently reported at $24.78 million, down 30.28% in the last 24 hours;

3. CASHCAT's market cap is currently reported at $230 million, down 14.19% in the last 24 hours;

4. AI's market cap is currently reported at $219 million, down 10.25% in the last 24 hours;

5. BONER's market cap is currently reported at $40.45 million, down 26.15% in the last 24 hours.

Robinhood CEO Vlad Tenev and AMC CEO Adam Aron previously exchanged barbs, and Tenev stated today that tokenization can provide global users with access to high-quality financial assets, adding that the industry remains in its early stages.

Odaily reminds users that Meme coin prices are highly volatile, and investors should participate with caution.