Robinhood Meme coin MEME market cap briefly touched $100 million, up over 3,400x intraday
Odaily News, according to GMGN data, the market cap of Robinhood Chain Meme coin MEME (A Meme Coin) briefly touched $100 million, currently reported at approximately $76 million, up over 3,400x intraday.
MEME is a typical event-driven news Meme coin. Previously, Robinhood announced that its on-chain stock token DEX trading volume surpassed $3 billion in 63 days, currently covering more than 190 companies including AMC. Subsequently, AMC CEO Adam Aron publicly stated that AMC has nothing to do with the related tokenized stocks, expressing dissatisfaction with words such as "despicable, outrageous, and disgusting," and said he has asked external securities lawyers to investigate their legality.
The remarks subsequently sparked community meme-making, with some users interpreting AMC as "A Meme Coin," and MEME quickly surged. Currently, Robinhood has not yet responded to Adam Aron's criticism.
AMC CEO once again attacks Robinhood stock tokens, demanding a halt to AMC stock token trading
Odaily reminds 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 responses from relevant parties and market sentiment. Please be aware of trading risks.
