Meme Coin MEME Surges Over 440% in 24 Hours, Market Cap Reaches $125M

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MEME
$0.000511-8.42%
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The meme coin MEME surged over 440% in 24 hours, with on-chain data showing a market cap of $125 million. The token briefly reached $140 million after Robinhood co-founder Vlad Tenev followed the official X account. On-chain analysis reveals strong short-term buying pressure. Odaily warns of extreme volatility and urges traders to assess risks before investing.

Odaily Planet Daily reports, according to GMGN market data, the meme coin MEME on Robinhood Chain briefly saw its market capitalization surge past $140 million and is currently trading at $125 million, up over 440% today.

On the news front, Robinhood co-founder Vlad Tenev followed the official X account of MEME, drawing community attention and driving a short-term surge in MEME's price.

Odaily reminds users that meme coin prices are highly volatile—please be aware of trading risks.

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