Robinhood Meme Coin MEME market cap exceeds $45M

KuCoinFlash

Release Time: 2026/09/04 05:43:00

MEME

$0.0005110%

Summary

On-chain data shows that the market cap of Robinhood Chain’s meme coin, MEME, briefly reached $45.6 million. The surge followed Robinhood’s on-chain analysis revealing that DEX trading volume exceeded $3 billion in 63 days, spanning over 190 companies. AMC CEO Adam Aron criticized the tokenized stock initiative, calling it “despicable,” which sparked community jokes and a rise in MEME’s price. Odaily notes that the token’s sharp increase is event-driven, with its future performance likely tied to market sentiment and responses from key stakeholders. Traders are advised to remain cautious.

Odaily Planet Daily reports, according to GMGN data, the Robinhood Chain meme coin MEME (A Meme Coin) briefly surpassed a market cap of $45 million and is currently trading at approximately $45.6 million.

MEME is a classic event-driven news meme coin. Previously, Robinhood announced that its on-chain stock token DEX trading volume exceeded $3 billion within 63 days, covering over 190 companies including AMC. Subsequently, AMC CEO Adam Aron publicly stated that AMC has no connection to the related tokenized stocks and expressed outrage, describing them as "despicable, outrageous, and disgusting," and confirmed that it has engaged external securities attorneys to investigate their legality.

The comments subsequently sparked memes within the community, with some users interpreting AMC as "A Meme Coin," causing MEME to surge rapidly. Robinhood has not yet responded to Adam Aron’s质疑.

Odaily reminds you that this token has experienced a significant price surge in a short period and is an event-driven meme coin. Its future movement may heavily depend on responses from relevant parties and market sentiment—please be aware of trading risks.

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