Robinhood Ecosystem Meme Coin Nest's Market Cap Surpasses $5 Million, 24H Surge Exceeds 990x

Odaily News, according to GMGN data, the market cap of Nest, a Meme coin in the Robinhood ecosystem, briefly surpassed $5 million, with a 24-hour surge exceeding 990x, currently reported at $5.3 million.

Nest is a multi-stock basket token Launchpad built on Pons V2 on the Robinhood Chain. Users can issue tokens and pre-configure an investment basket composed of multiple stock tokens; the Creator Fees generated from token trading will be continuously used to buy the corresponding stock tokens and deposited into the Nest Vault.

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