Meme Coin Project GME Surpasses $3.6 Million Market Cap Within 1 Hour

BlockBeats News, September 4th, according to GMGN data, the Robinhood Chain's stock meme project GME (Greatest Meme Ever) went live with a market cap exceeding $3.6 million in the first hour, now retraced to $2 million, with a trading volume of $3.6 million.

GME utilizes the stock trading platform Robinhood, tokenizing the stock of GameStop (stock symbol GME) for the base pool pair, using the GME/GME trading pair to provide liquidity.

BlockBeats Note: Stock Meme is an emerging trend that directly combines traditional meme coins with tokenized US stocks: Meme coins are no longer paired with USDT or ETH but are directly paired with on-chain stock tokens (such as NVDA, TSLA, AAPL, etc.), retaining the speculative nature being community-driven with high meme coin volatility. They also tap into the popularity and narrative of real stocks. Transaction fees often partially flow back to the community treasury to accumulate the corresponding stock tokens, forming a dual-driven model of "Emotional Hype + Real Asset Anchoring." Due to significant price fluctuations, investment should be approached with caution.