Meme Coin Microduck Surges 35% Amid News of Hugging Face Acquisition

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Bitcoin and Ethereum news took a new turn as the meme coin MicroDuck surged over 35% on September 3, reaching a market cap above $46 million. The rally followed reports that NVIDIA is set to acquire Hugging Face for $12.93 billion. MicroDuck, a community-driven meme coin, has no affiliation with Hugging Face, NVIDIA, or Pollen Robotics.

ChainThink reports that on September 3, according to market data, the meme coin microduck, modeled after Hugging Face’s open-source bot, surged over 35% in the short term, with its market cap exceeding $46 million.

On the news front, NVIDIA plans to acquire AI startup Hugging Face for $12.93 billion.

This meme coin is inspired by the real open-source mini robot "Microduck," released by Hugging Face on August 27—a 25cm duck-shaped RL robot costing approximately $399. It is not affiliated with Hugging Face, Pollen Robotics, or NVIDIA; it is an independent meme token created by the community as a tribute.

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