BlockBeats report, September 4: According to GMGN data, the Robinhood Chain-based meme token MEME has continued to surge, with its market cap approaching $150 million, setting a new all-time high; it has since pulled back to $141 million, rising over 1,000% in the past 24 hours, with trading volume reaching $87.4 million.
MEME uses the stock trading platform Robinhood to create a tokenized version of the U.S. stock AMC Entertainment (ticker: AMC) as a pool pair, offering liquidity through the MEME/AMC trading pair.
BlockBeats Note: Stock Meme is an emerging trend that directly combines traditional meme coins with tokenized U.S. stocks: instead of being paired with USDT or ETH, meme coins are now paired directly with on-chain tokenized stocks (such as NVDA, TSLA, AAPL, etc.). This preserves the high volatility and community-driven speculative nature of meme coins while leveraging the popularity and narratives of real stocks. Trading fees are often partially funneled back into a community treasury to accumulate the corresponding tokenized stocks, creating a dual-driving model of “emotional hype + real asset backing.” Prices are highly volatile—invest with caution.