Meme CINEMA Coin's market cap surged to over $12 million briefly before dropping to $4 million, with a more than 10x increase in the past 24 hours.

BlockBeats News, September 4th, according to GMGN data, the market cap of Robinhood Chain's Stock Meme project CINEMA briefly surged to a record high of $12 million and then quickly fell back to $4 million. It surged over 10 times in 24 hours with a trading volume of $6.5 million.

CINEMA is paired with tokenized stock AMC Entertainment (American cinema company) under the stock ticker symbol AMC.

BlockBeats Note: Stock Meme is an emerging trend that combines traditional meme coins with tokenized US stocks. Meme coins are no longer paired with USDT or ETH but directly paired with on-chain stock tokens (such as NVDA, TSLA, AAPL, etc.). This pairing retains the speculative nature of meme coins with high volatility and community-driven hype while leveraging the popularity and narrative of real stocks. Transaction fees often flow back partially to the community treasury to accumulate the corresponding stock tokens, creating a dual-drive model of "emotional speculation + real asset anchoring." Due to significant price fluctuations, investment should be approached with caution.