**[Meme Token CATGPT Market Cap Briefly Surpasses $17 Million, Hits All-Time High]** BlockBeats news, September 12, according to GMGN market data, the Robinhood ecosystem Meme token CATGPT's market cap briefly surpassed $17 million, hitting an all-time high, before falling back to $15.3 million. Within three hours of its launch, trading volume reached $5 million. CATGPT is paired for trading with OPENAIx1L (OPENAI 1x Long tokenized position) via the Long.xyz platform. Long.xyz is a meme token issuance platform on the Robinhood chain, focusing on the innovative "Tokenized Stock Meme" model, which directly binds traditional Meme tokens with tokenized U.S. stocks, creating a dual-driven mechanism of "sentiment speculation + real asset anchoring." The platform allows users to issue Meme tokens and directly pair them with tokenized U.S. stock tokens (such as NVDA, TSLA, AAPL, etc.) instead of traditional USDT or ETH pairings. Additionally, a portion of the transaction fees flows back into the community treasury to accumulate corresponding U.S. stock tokens, creating a unique value capture model. OPENAI currently has high IPO expectations but remains unlisted, making it difficult to go long in traditional markets. On-chain, this type of tokenized long position + Meme pairing provides speculative exposure. This is an upgraded version of the previous pairing of Meme tokens with stock tokens like NVDA. BlockBeats reminds users that the prices of related tokens are highly volatile and carry significant uncertainty. Users should invest cautiously.