ME News report, September 3 (UTC+8): Recent meme market activity continues to rotate around热点 on Robinhood Chain and BSC, with high-volume tokens such as PONS and microduck maintaining strong momentum, while new tokens HOTDOG and PROLOGUE have rapidly attracted capital inflows. Meanwhile, FLORK on BSC continues to surge, becoming one of the most actively traded meme assets on-chain. Additionally, the recent evening’s “stock-meme” drama has drawn significant community attention, triggering a classic case of homonym token speculation centered on Robinhood Chain. Initially, the market heated up following KOL Rune’s proposal of “acquiring Nasdaq small-cap stocks and tokenizing them on-chain.” The community then focused on Farmmi (stock ticker: FAMI), rapidly pushing up the on-chain homonym token FAMI and related token JINQIAN. JINQIAN surged past a $70 million market cap within an hour, while on-chain FAMI briefly reached around $100 million. Simultaneously, the underlying Nasdaq FAMI stock price spiked over 300% intraday. However, the on-chain FAMI token is not an official Robinhood stock token. As meme sentiment peaked, Rune revealed that the acquisition post was written by Claude as “AI slop,” with fabricated and exaggerated figures. He also clarified that he did not deploy either token—someone else copied his idea and launched their own tokens and liquidity pools. This led to a sharp collapse of both meme tokens, followed by a plunge in the underlying Nasdaq stock. On Robinhood Chain, PONS remains strongly elevated, with its market cap briefly hitting a new high of $530 million. The current price is approximately $0.499, with a market cap of about $499.7 million, a 24-hour gain of approximately 19.96%, and a 24-hour trading volume of around $81.3 million. microduck continues to strengthen, with its price at approximately $0.0396, a market cap of about $39.66 million, a 24-hour gain of approximately 49.83%, and a 24-hour trading volume of around $17.7 million. The new token HOTDOG has also surged rapidly, currently priced at approximately $0.00639, with a market cap of about $6.39 million and a 24-hour trading volume of approximately $9.6 million. HOTDOG’s core narrative revolves around the “$1.50 hot dog,” leveraging Costco’s iconic long-standing price stability on its hot dog combo as a meme branding concept on Robinhood Chain. Additionally, PROLOGUE on Robinhood Chain has also attracted capital attention, with its price at approximately $0.00934, a market cap of about $9.34 million, and a 24-hour gain of approximately 11% (Source: BlockBeats).
Meme coins on Robinhood Chain and BSC continue to attract attention amid the controversial stock-linked meme narrative.
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Summary
Meme coin news highlights ongoing activity on Robinhood Chain and BSC, with PONS and microduck maintaining strong positions. New entries such as HOTDOG and PROLOGUE are also gaining rising interest. On-chain updates reveal a sharp correction after a KOL exposed a fabricated narrative linking FAMI and JINQIAN to a stock. The FAMI token is not an official Robinhood stock token. The false story triggered a rapid decline in both the meme coins and the associated stock.
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