BlockBeats report, August 29: Hugging Face’s open-source robotics company, Pollen Robotics, launched its new product, Microduck, on the 27th, priced at $399. The product immediately went viral online, surpassing $1 million in orders within a short time. Additionally, recent reports revealed that NVIDIA has agreed to acquire Hugging Face for $12.9 billion. In response, the crypto community has created a meme coin named Microduck, paired with an NVIDIA stock token.
Initially, the token was launched simultaneously across multiple blockchains, including BSC, Base, SOL, and Robinhood, with Microduck on the Robinhood chain ultimately standing out. According to GMGN market data, as of press time, the token’s market cap had surged to $16 million within three days of launch, with a 24-hour trading volume of $8.9 million.
By examining GMGN’s position details, it is clear that the top addresses holding Microduck are all from FOMO platforms. As BlockBeats previously explained in the article “Decoding the Whale Who Made a 1000x Return on Niu Lai: A Group of Foreigners from the FOMO Community,” the FOMO community has become a key indicator of on-chain hype, with its early members known for holding assets steadily and actively promoting trades. The rise of Microduck once again demonstrates the community’s powerful ability to drive hype and coordinated promotion.
According to FOMO platform data, the top holding address for Microduck has realized a paper profit of $370,000. This whale initially purchased $15,800 worth of tokens at a market cap of $610,000, and as of this writing, has sold only around $7,000 at a market cap of $3.7 million, while continuing to make small incremental buys. Most other addresses on the profit leaderboard exhibit similar characteristics: early purchases with sustained holding. Further details are omitted here.
It should be noted that Microduck exhibits highly concentrated holdings, making sharp price surges or crashes under market sentiment shifts entirely plausible—users should exercise caution when investing. However, regardless of whether one chooses to invest, this token should serve as a key case study for observing the trading patterns of FOMO members.
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.), retaining 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 driver model of “emotional hype + real asset backing.”