HUGCOIN Surpasses $3M Market Cap on Robinhood

iconKuCoinFlash
Share
AI summary iconSummary
HUGCOIN’s on-chain data showed a market cap surge past $3 million on Robinhood, reaching $2.08 million with an intraday spike of over 400 times. The token gained momentum after Hugging Face CEO Clément Delangue shared a Hugcoin page on X. On-chain analysis revealed strong retail interest. NVIDIA separately announced a $12.93 billion acquisition of Hugging Face, including a $10 billion equity plan for employees, scheduled for 2027 pending approval.

Odaily Planet Daily reports, according to Odaily Meme Feed monitoring, HUGCOIN on Robinhood briefly surpassed a market cap of $3 million and is currently trading at $2.08 million, with a daily gain of over 400 times.

It is reported that Clément Delangue, co-founder and CEO of Hugging Face, posted a webpage on X platform displaying Hugcoin.

Previously, NVIDIA announced today that it has established a retention equity program of up to $1 billion for Hugging Face employees joining NVIDIA, with the $12.9303 billion acquisition of Hugging Face expected to be completed in the first half of 2027, subject to regulatory approvals. NVIDIA is currently Hugging Face’s largest contributor of data.

"Meme Digest" features potential assets selected by Odaily’s exclusive AI model based on trending discussions in the community. Content is compiled from publicly available information and does not constitute investment advice. Please conduct your own research and be aware of the high volatility risks associated with meme coins.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.