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.

