BlockBeats report, September 5: According to GMGN market data, FATCOIN's market cap briefly surpassed $40 million, setting a new high, and is currently trading at $35.34 million, up more than 300% in a single day.
FATCOIN is issued on the o1 platform and paired with tokenized U.S. stocks of Eli Lilly (LLY), the leading weight-loss drug, via the stock trading platform Robinhood.
BlockBeats 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 stocks (such as NVDA, TSLA, AAPL, etc.). This retains 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 driver model of “emotional hype + real asset backing.” Prices are highly volatile—invest with caution.
