The Meme Project's $MEME Token Market Cap Approaches $150 Million, Setting 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 approaching $150 million, hitting a new all-time high before falling back to $141 million, with a 24-hour increase of over a thousandfold and a trading volume as high as $87.4 million.

MEME utilizes the stock trading platform Robinhood to pair the token with tokenized US stock AMC Entertainment (American movie theater chain, 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 stock tokens (such as NVDA, TSLA, AAPL, etc.), maintaining the speculative nature being community-driven with high meme coin volatility, while also leveraging the popularity and narrative of real stocks. Transaction fees often flow back in part to the community treasury to accumulate the corresponding stock tokens, forming a dual-driving mode of "emotional hype + real asset anchoring." Due to significant price volatility, investment should be approached with caution.