Robinhood Meme Coin P surpasses $4.7M market cap with over 110x daily surge

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The daily market report shows that P, a meme coin on the Robinhood Chain, briefly reached a $4.7 million market cap, surging more than 110 times in 24 hours. On-chain data reveals a sharp spike in activity following an update to Pons founder Ozzy’s X profile, which included a blue 'P' icon and related tweets. This triggered a strong community response and rapid price movement. Odaily notes the extreme volatility of meme coins and urges traders to proceed with caution.

Odaily Planet Daily reports that, according to GMGN market data, the meme coin P on Robinhood Chain briefly saw its market cap surge past $4 million, currently trading at $4.7 million, with a daily gain of over 110 times.

On the news front, Ozzy, founder of Pons, added a blue "P" badge next to his X account name and profile picture, and separately posted tweets related to "P," sparking community attention and driving the rapid rise of the meme coin P.

Odaily reminds users that meme coin prices are highly volatile — please be aware of trading risks.

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