FAMI stock surges over 192%, trading at $0.34

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FAMI stock surged over 192% to $0.34 on NASDAQ, according to MSX.COM data. A trader named Rune reportedly spent $1.8 million to acquire 37.4% of a company with a $4.8 million market cap, intending to tokenize shares on Robinhood Chain and launch a meme coin. It is unclear whether the target is Farmmi. On-chain data indicates growing interest in altcoins to watch, as small-cap tokens gain momentum.

Odaily Planet Daily report: According to MSX.COM data, the stock price of Nasdaq-listed Farmmi (FAMI) briefly surged over 192%, currently trading at $0.34.

Previously, trader Rune stated that he spent approximately $1.8 million to acquire a 37.4% stake in a Nasdaq-listed company with a market capitalization of about $4.8 million, and plans to tokenize the associated equity on Robinhood Chain, while launching a meme coin paired with the tokenized stock. It is currently unconfirmed whether the company Rune referred to is Farmmi.

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