Meme Coin 'AI' on Robinhood Chain Surpasses $17M Market Cap

iconKuCoinFlash
Share
AI summary iconSummary
Meme coin news: The 'AI' token on Robinhood Chain reached a market cap of over $17 million on July 23, peaking at $15.01 million. The 24-hour trading volume hit $9.8 million. The coin was issued via long.xyz and paired with NVIDIA stock tokens. On-chain data shows the platform is advancing its 'meme + RWA' strategy. Other stock-linked meme coins have been launched, but most remain small and highly volatile.

BlockBeats report, July 23: According to GMGN market data, US stock-themed memecoins are gaining momentum on Robinhood Chain. As of reporting, the memecoin "AI" briefly reached a market cap of over $17 million and is currently trading at $15.01 million, setting a new all-time high. The coin's 24-hour trading volume has reached $9.8 million.


The meme coin "AI" is being launched via the token issuance platform long.xyz on the Robinhood Chain ecosystem, trading against an NVIDIA stock token, aligning well with Robinhood Chain’s philosophy and CEO Vlad’s on-chain vision of "meme + RWA".


BlockBeats previously analyzed that US stock memes are likely to become a new popular trend on Robinhood’s chain, marking a significant update to the meme coin narrative.


Additionally, following the surge in popularity of the meme coin "AI," the long.xyz platform has recently launched several meme tokens paired with different stock tokens, most of which still have relatively small market caps and exhibit high price volatility—users should exercise caution when investing.

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.