Robinhood co-founder supports stock tokens; MEME token rises over 30%.

iconKuCoinFlash
Share
This is the logo of the coin.
MEME
$0.0005110%
AI summary iconSummary
On September 4, Robinhood co-founder Vlad Tenev expressed support for stock tokens, citing on-chain data indicating rising interest in tokenized assets. Following the news, the MEME token surged more than 30%, reaching a market cap of $120 million according to GMGN data. Traders are monitoring whether the rally will sustain above key support levels.

BlockBeats news, September 4: Robinhood co-founder Vlad Tenev tweeted in support of stock tokens.


Affected by this, MEME regained its upward momentum and surged sharply in the short term. According to GMGN market data, its market cap is now $120 million, with a short-term rebound exceeding 30%.

Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.