Long.xyz Projects MEME and BONER Surge After Key Endorsements

iconKuCoinFlash
Share
This is the logo of the coin.
MEME
$0.000513-9.36%
AI summary iconSummary
Meme coin news broke as Long.xyz tokens MEME and BONER surged after Robinhood and HIMS founders expressed support. Both tokens rose 127% and 147% within 24 hours, reversing prior weakness. MEME is backed by AMC stock, and BONER by HIMS. On-chain updates revealed a protocol expansion update is coming this week from co-founder Nate.

BlockBeats news, September 7: Last night and early this morning, the tokens MEME and BONER, issued on Robinhood’s on-chain platform Long.xyz, attracted attention from Robinhood’s founder and the founder of HIMS.


Spurred by this news, the two previously sluggish tokens regained upward momentum, with GMGN’s MEME and BONER market caps rising 127% and 147% respectively over the past 24 hours.


Note: BONER is issued on the Long.xyz platform, paired with the tokenized U.S. stock HIMS using the stock trading platform Robinhood. MEME is paired with the tokenized U.S. stock AMC Entertainment (a U.S. movie theater company, ticker AMC), providing liquidity via the MEME/AMC trading pair.


Additionally, Long.xyz co-founder Nate posted this morning to preview an upcoming protocol upgrade this week.

Source:Show original
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.