Meme Coin Project MEME Market Cap Surges Above $130 Million, Setting a New All-Time High

BlockBeats News, September 4th, according to GMGN data, the Robinhood Chain's meme stock project MEME continues to surge, with a market cap briefly exceeding $1.3 billion, hitting a new all-time high, and now retracing to $1.15 billion, with a more than thousandfold increase in the past 24 hours and a trading volume as high as $77.8 million.

MEME utilizes the stock trading platform Robinhood to pair with the tokenized stock of AMC Entertainment (an American theater company, stock symbol: AMC), using the MEME/AMC 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 tokenized stocks (such as NVDA, TSLA, AAPL, etc.), retaining the speculative nature being community-driven with high meme coin volatility, while also riding the wave of real stocks' popularity and narratives. Transaction fees often flow back partially to the community treasury to accumulate the corresponding stock tokens, forming a dual-driven model of "emotional hype + real asset anchoring." The price is highly volatile, so investment should be approached with caution.