Price Surges Over 5x in 24 Hours, Meme Stock FATCOIN Market Cap Surpasses $10 Million to Hit New All-Time High

BlockBeats News, September 4th, according to GMGN market data, Robinhood Chain's Meme Stock FATCOIN has surpassed a market capitalization of $10 million, hitting a new all-time high. It has surged over 5x in the past 24 hours, with a 24-hour trading volume of $7.5 million.

FATCOIN is paired with Lyra LLY, the tokenized stock of a leading weight-loss pharmaceutical company.

BlockBeats Note: Stock Meme is an emerging trend that directly combines traditional Meme coins with tokenized U.S. stocks. In this novel approach, Meme coins are no longer paired with USDT or ETH but instead form trading pairs directly with on-chain stock tokens (such as NVDA, TSLA, AAPL, etc.). This structure retains the speculative nature of Meme coins with high volatility and community-driven hype, while leveraging the popularity and narrative of real stocks. Moreover, a portion of the trading fees often flows back to the community treasury to accumulate the corresponding stock tokens, creating a dual-driven model of "sentimental speculation + real asset anchoring." Due to significant price fluctuations, investment in this space requires caution.