PANews, September 8: Amid potential influence from Biden’s son’s token launch, major Meme coins on the Robinhood ecosystem declined: MEME’s market cap stood at $66.57 million, down 11.36% in one hour; PONS’s market cap was $499 million, down 5.16% in one hour; PAIR’s market cap was $13.16 million, down 18.64% in one hour; AI’s market cap was $195 million, down 1.14% in one hour; CASHCAT’s market cap was $194 million, down 5.4% in one hour; microduck’s market cap was $16.5 million, down 15.22% in one hour.
Robinhood Ecosystem Meme Coins Decline Amid Rumors of Biden Son’s Token Launch
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Summary
Meme coin news emerged as Robinhood ecosystem tokens plunged sharply, potentially linked to rumors surrounding a token launch tied to Biden’s son. MEME dropped 11.36% in one hour to $66.57 million; PONS fell 5.16% to $499 million; PAIR declined 18.64% to $13.16 million; AI slipped 1.14% to $195 million; CASHCAT dropped 5.4% to $194 million; and microduck fell 15.22% to $16.5 million.
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