Stock Meme Project MEME Market Cap Briefly Surpasses $130 Million, Hits New All-Time High

BlockBeats News, September 4: According to GMGN data, the Robinhood Chain stock meme project MEME has continued to surge, with its market cap briefly surpassing $130 million, setting a new all-time high before retreating to $115 million. The token has seen a 24-hour increase of over 1,000x, with trading volume reaching $77.8 million. MEME leverages the stock trading platform Robinhood, using tokenized U.S. stock AMC Entertainment (stock ticker AMC) as its liquidity pool pairing, adopting the MEME/AMC trading pair to provide liquidity. BlockBeats note: Stock Meme is an emerging concept that directly combines traditional meme coins with tokenized U.S. stocks. Instead of pairing meme coins with USDT or ETH, they are paired directly with tokenized stocks on-chain (e.g., NVDA, TSLA, AAPL). 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 stocks, creating a dual-driven model of "sentiment speculation + real asset anchoring." Price fluctuations are significant, so investors should exercise caution.