[Robinhood Ecosystem Token JINQIAN Market Cap Briefly Hits $16 Million Before Dropping to $8.45 Million, Up Over 210% Intraday] On September 2, according to GMGN data, the market cap of Robinhood Chain ecosystem token JINQIAN briefly reached $16 million before falling back to $8.45 million, marking an intraday increase of over 210%. Market attention may be linked to trader Rune's recently disclosed plan for 'Nasdaq Low Market Cap Stock Tokenization + Meme Coins.' Rune stated that he has spent approximately $1.8 million to acquire a 37.4% stake in a Nasdaq-listed company and plans to tokenize the related equity on Robinhood Chain, while also launching a Meme coin paired with the tokenized stock. Currently, there is no confirmation of a direct connection between JINQIAN and Rune's disclosed plan. Odaily reminds readers that the related narrative has not been officially confirmed, and Meme coin prices are highly volatile. Please be cautious of trading risks.