According to Odaily Meme Flash monitoring, the market cap of SOLCAT on Solana has surpassed $2 million.
The Solcat community has posted about the SOLCAT token, set against the backdrop of a cat-themed Meme craze on the Solana blockchain.
"Meme Flash" is curated by Odaily's exclusive AI model, selecting tokens with high community discussion potential. The content is compiled based on public information and does not constitute investment advice. Please exercise your own judgment and be mindful of the high volatility risk associated with Meme coins.
GMGN market data shows that the market caps of FAMI and JINQIAN both briefly fell below $15 million, and are currently approximately $17.39 million and $18.2 million respectively.
Crypto trader Rune has once again clarified on the X platform that a previous post about acquiring a US-listed company was "AI slop content" generated by Claude, and the data involved was not real, with figures being fabricated and exaggerated.
Odaily News: Crypto trader Rune has issued another statement on the X platform, clarifying that a previous tweet about acquiring a U.S.-listed company was an "AI slop post" generated by Claude, and that the data involved was not factual, with numbers being fabricated and exaggerated.
Rune's earlier posts promoting a plan to "tokenize Nasdaq low-market-cap stocks + Meme coins" and claiming the acquisition of a 37.4% stake in a Nasdaq-listed company were written and published by Claude. Possibly affected by this, the stock price of Nasdaq-listed FAMI (Farmmi, Inc.), as well as the prices of Meme coins JINQIAN and FAMI, all experienced significant fluctuations today.
Odaily News, Backpack officially announced that Kyle Samani, former co-founder of Multicoin Capital and early investor in Solana, has now joined the Backpack US board of directors.
Previously, Kyle Samani had publicly expressed intentions to step away from the crypto industry, signaling a gradual exit to focus on personal investments. In February of this year, he posted that "cryptocurrency is not as interesting as expected, and blockchain has limited potential," but later deleted the post.
According to GMGN data, the market cap of FAMI, a token in the Robinhood Chain ecosystem, has fallen below the $25 million mark, currently reported at $22.5 million, after previously surging over 750%.
Market attention may be linked to trader Rune's recently disclosed plan to "tokenize low-market-cap Nasdaq stocks and launch Meme coins." Rune stated that he has spent approximately $1.8 million to acquire a 37.4% stake in a Nasdaq-listed company, with plans to tokenize the related equity on Robinhood Chain and simultaneously launch a Meme coin paired with the tokenized stock. It is currently unconfirmed whether FAMI is directly related to the plan described by Rune.
Odaily reminds readers that the relevant narrative has not yet been officially confirmed, and Meme coin prices are highly volatile. Please be aware of trading risks.
Odaily News, according to MSX.COM data, Nasdaq-listed company Farmmi (FAMI) stock price has now fallen to $0.2307, after previously surging over 300%.
Odaily News: Bloomberg ETF analyst Eric Balchunas stated on the X platform that over the past six months, Bitcoin's correlation with U.S. stocks has been lower than that of gold, small-cap stocks, emerging market equities, and even U.S. Treasuries. Eric Balchunas noted that he verified the data after seeing related posts. Bitcoin's correlation has remained around 0.40, while correlations for gold and U.S. Treasuries have increased. Eric Balchunas said that although this time window is relatively short, the situation is still worth noting and does not support the claim that "Bitcoin is only correlated with QQQ."
Odaily News: According to Unipcs monitoring, Unipcs purchased approximately 3.8 million JINQIAN at 22:55 on September 2, with a total investment of $98,700 and an average purchase price of $0.0259. Among these, the two transactions amounted to approximately $49,500 and $49,200 respectively. The position is currently valued at approximately $244,000, with an unrealized profit of about $140,000 and a book return rate of 146%. The position remains held.
Odaily News, according to Lookonchain monitoring, JINQIAN reached a market cap of $70 million just 1 hour after launch. An address purchased 6.28 million JINQIAN with 8 ETH ($19K) in a single trade, then sold them for 82.54 ETH ($198K), netting a profit of 74.54 ETH ($178.6K) — a 10x return.
Odaily News: As trading activity on the Robinhood Chain continues to heat up, network fees have risen significantly, with Robinhood Chain network fees once reaching 0.026944 ETH, approximately $64.53.
GMGN market data shows that FAMI and JINQIAN both dropped over 50% in a short period, with current market capitalizations of approximately $32 million and $35 million, respectively.
Market attention may be related to trader Rune's recently disclosed plan for "tokenizing low-market-cap Nasdaq stocks + Meme coins." Rune stated that he has spent approximately $1.8 million to acquire a 37.4% stake in a Nasdaq-listed company, and plans to tokenize the related equity on Robinhood Chain, while also launching Meme coins paired with the tokenized stocks. It is currently unconfirmed whether the tokens are directly associated with the plan described by Rune.
Odaily News According to MSX.COM data, shares of Nasdaq-listed company Farmmi (FAMI) surged over 300% in a short period, currently trading at $0.4688.
Earlier, trader Rune stated that he had spent approximately $1.8 million to acquire a 37.4% stake in a Nasdaq-listed company with a market value of about $4.8 million, and plans to tokenize the related equity on the Robinhood Chain, while also launching a Meme coin paired with the tokenized stock. It is currently unconfirmed whether the company Rune referred to is Farmmi.
September 2, according to GMGN data, Robinhood Chain ecosystem token FAMI's market cap briefly touched $46 million, up over 750% intraday, now reported at $45.8 million.
Market attention may be related to trader Rune's recently disclosed plan to "tokenize Nasdaq low-cap stocks + launch Meme coins." Rune stated that he has spent approximately $1.8 million to acquire a 37.4% stake in a Nasdaq-listed company, and plans to tokenize the related equity on Robinhood Chain while launching a Meme coin paired with the tokenized stock. It is currently impossible to confirm a direct link between FAMI and Rune's stated plan.
Odaily reminds that the relevant narrative has not yet been officially confirmed, and Meme coin prices are highly volatile. Please be aware of trading risks.
September 2, according to GMGN data, the market cap of Robinhood Chain ecosystem token JINQIAN briefly touched $60 million, surging over 13x intraday, and is now reported at $57.13 million.
Market attention may be related to trader Rune's recently disclosed plan to "tokenize low-market-cap Nasdaq stocks + launch Meme coins." Rune stated that he has spent approximately $1.8 million to acquire a 37.4% stake in a Nasdaq-listed company, and plans to tokenize the related equity on Robinhood Chain while launching a Meme coin paired with the tokenized stock. At present, there is no confirmation of a direct link between JINQIAN and the plan described by Rune.
Odaily reminds readers that this narrative has not yet been officially confirmed, and Meme coin prices are highly volatile. Please exercise caution regarding trading risks.
According to Odaily, data from MSX.COM shows that the stock price of Nasdaq-listed company Farmmi (FAMI) surged over 192% in a short period, currently trading at $0.34.
Earlier, trader Rune stated that he had spent approximately $1.8 million to acquire a 37.4% stake in a Nasdaq-listed company with a market cap of about $4.8 million, and plans to tokenize the related equity on Robinhood Chain while launching a Meme coin paired with the tokenized stock. It remains unconfirmed whether the company Rune referred to is Farmmi.
On September 2, according to GMGN data, Robinhood Chain ecosystem token JINQIAN's market cap briefly reached $47 million, up over 950% intraday, and is now reported at $42.74 million.
Market attention may be related to trader Rune's recently disclosed "tokenization of Nasdaq low-cap stocks + Meme coin" plan. Rune stated that he has spent approximately $1.8 million to acquire a 37.4% stake in a Nasdaq-listed company, and plans to tokenize the relevant equity on Robinhood Chain, while also launching a Meme coin paired with the tokenized stock. It is currently unconfirmed whether JINQIAN is directly associated with the plan described by Rune.
Odaily reminds that the relevant narrative has not yet been officially confirmed, and Meme coin prices are highly volatile. Please be aware of trading risks.
