The Meme Coin Project MEME Surpasses $110 Million Market Cap in a Short Period, Achieving a New All-Time High

BlockBeats News, September 4th, according to GMGN data, the Robinhood Chain's stock meme project MEME continues to surge, with a market cap briefly exceeding $1.1 billion, hitting a new all-time high, and now retracing to $95 million, with a 24-hour gain of over a thousand times and a trading volume as high as $59.1 million.

MEME utilizes the stock trading platform Robinhood to tokenize AMC Entertainment stock (NYSE: AMC) as the base pair, using the MEME/AMC trading pair to provide liquidity.

AMC's CEO stated this morning that Robinhood is advancing tokenization projects involving AMC and over 190 other companies' real-world assets and stock tokens. He mentioned that AMC is not associated with this project in any way, does not endorse the practice, and will be requesting external securities attorneys to review the matter immediately. Robinhood CEO Vlad Tenev responded that there is no need for concern.

BlockBeats Note: Stock Meme is an emerging trend that directly combines traditional meme coins with tokenized U.S. stocks: Meme coins are no longer paired with USDT or ETH but directly matched with on-chain stock tokens (such as NVDA, TSLA, AAPL, etc.), retaining the speculative nature of meme coins driven by community and linking to the popularity and narrative of real stocks. Transaction fees often partially flow back to the community treasury to accumulate corresponding stock tokens, creating a dual-driven model of "emotional hype + real asset anchoring." Due to significant price volatility, investment caution is advised.