BlockBeats report, September 2: Tonight, the Robinhood chain may witness another meme coin short squeeze reminiscent of the stock short squeeze phenomenon. A token named FAMI has emerged and rapidly attracted massive capital inflows within minutes. Subsequently, even more funds flowed into JINQIAN, a meme coin paired with FAMI. According to GMGN market data, the market caps of the two tokens have now surpassed $40 million and $50 million respectively, with trading volumes surging to $47 million and $35 million within one hour.
The recent surge in this token may be related to a tweet posted by crypto KOL Rune (@RuneCrypto_) on September 1, in which he announced: "I've acquired a majority stake in a Nasdaq-listed company with a short interest of 92.3%. It has $6.2 million in liabilities, and I'm tokenizing the equity on the Robinhood chain—then I'll pair a meme coin with the tokenized stock. If on-chain trading volume generates even $500,000 in buying pressure on the underlying stock, that would be a massive move for a company with a $4.8 million market cap. $2 million in buying pressure would be even more significant. With 92.3% short interest, any upward movement could trigger a short squeeze."
The meme coin community doesn’t need to buy stocks directly—they buy meme coins, which are paired with tokenized stocks. Trading volume from meme coins flows into tokenized stocks. Tokenized stocks are backed 1:1 by real equity. On-chain demand = Nasdaq demand. This will be the biggest cross-industry story in financial history: meme coins x Nasdaq.
However, as of press time, the two tokens tonight have not yet received Rune’s approval. However, the community believes the Nasdaq-listed company referred to is Farmmi Inc. (ticker: FAMI). According to BIT (bit.com) market data, FAMI’s stock surged rapidly after opening today and is now trading at $0.3511, up a staggering 200%.
BlockBeats reminds users that the party, Rune, has not yet claimed any tokens, and this incident carries regulatory risks—users should exercise caution when investing.
Note: Stock Meme is an emerging trend that directly combines traditional meme coins with tokenized U.S. stocks: instead of being paired with USDT or ETH, meme coins are now paired directly with on-chain tokenized U.S. stocks (such as NVDA, TSLA, AAPL, etc.), retaining the high volatility and community-driven speculative nature of meme coins while leveraging the popularity and narratives of real stocks. Trading fees are often partially funneled back into a community treasury to accumulate the corresponding tokenized stocks, creating a dual-driving model of “emotional hype + real asset backing.”