Microduck Token Surpasses $16M Market Cap on Robinhood in Three Days

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The Microduck token launch news propelled the asset to a $16 million market cap within three days on Robinhood, with $8.9 million in 24-hour trading volume. Launched on August 27 by Hugging Face’s Pollen Robotics, the token was paired with a meme coin and tokenized NVIDIA stock. Early FOMO platform addresses recorded over $370,000 in unrealized profits. New token listings often experience high volatility, and Microduck is no exception, featuring concentrated holdings and sharp price movements.

ChainThink reports that, according to GMGN data, the Microduck token reached a market cap of $16 million within three days of its launch on the Robinhood chain, with a 24-hour trading volume of $8.9 million.

The top addresses primarily originated from FOMO platforms; the address with the highest unrealized profit has gained over $370,000. This whale purchased $15,800 at a market cap of $610,000, followed by minimal selling and continuous accumulation.

This token originates from Hugging Face's Pollen Robotics, which released the Microduck product on the 27th (priced at $399); the crypto community developed a corresponding meme token named after it and paired it with an NVIDIA stock token.

Previously, it was reported that NVIDIA plans to acquire Hugging Face for $12.9 billion. Microduck exhibits highly clustered positioning and is prone to sharp price swings due to market sentiment; users should exercise caution when investing.

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