BlockBeats News, August 4th, according to GMGN data, the on-chain Meme token TENDIES of Robinhood has surpassed a $20 million market cap, with a 64% price increase in the last 24 hours and a 24-hour trading volume of $2 million.
TENDIES is a meme coin inspired by retail investors in the U.S. stock market and the Reddit community's meme "tendies," representing the grassroots euphoria of "regular investors making money and celebrating by eating chicken tenders at home."
BlockBeats Note: Meme coins are highly volatile, heavily influenced by market sentiment and hype, and often lack tangible value or use cases. Investors should be aware of the risks involved.
