Stock Meme Project MEME Surges Strongly, Market Cap Nears $50 Million to Hit New High

BlockBeats News, September 4: According to GMGN data, the Robinhood Chain stock meme project MEME continues its upward momentum, approaching a $50 million market cap before pulling back to $42 million. It has surged over 1,000x in 24 hours, with a trading volume reaching $34 million. MEME leverages the stock trading platform Robinhood, using tokenized U.S. stock AMC Entertainment (stock ticker AMC) as the liquidity pool pairing, adopting the MEME/AMC trading pair to provide liquidity. BlockBeats notes: Stock Meme is an emerging concept that directly combines traditional meme coins with tokenized U.S. stocks. Instead of pairing with USDT or ETH, meme coins are paired directly with tokenized U.S. stocks on-chain (such as NVDA, TSLA, AAPL, etc.) to form trading pairs. This approach retains the high volatility and community-driven speculative nature of meme coins while tapping into the popularity and narrative of real stocks. Additionally, a portion of the transaction fees often flows back into the community treasury to accumulate corresponding tokenized U.S. stocks, creating a dual-driven model of "sentiment speculation + real asset anchoring." Price fluctuations are significant, so investors should exercise caution.