The meme-based token project MEME saw a trading volume surpassing $100 million within 12 hours of its launch, with a market capitalization peaking at $150 million.

BlockBeats News, September 4th, according to GMGN data, the Robinhood Chain's stock meme project MEME saw a trading volume exceeding $1 billion within 12 hours of launch. The market cap briefly surpassed $1.5 billion, and is currently retraced to $1.15 billion, with a more than a thousand-fold increase in the past 24 hours.

MEME utilizes the stock trading platform Robinhood, paired with a tokenized version of AMC Entertainment stock (ticker symbol: AMC) to provide liquidity through the MEME/AMC trading pair.

BlockBeats Note: Stock Meme is a new trend that combines traditional meme coins with tokenized U.S. stocks. Meme coins are no longer paired with USDT or ETH, but directly paired with on-chain tokenized stocks (such as NVDA, TSLA, AAPL, etc.), preserving the speculative nature and community-driven hype of meme coins 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-driving model of "sentiment-driven hype + real asset anchoring." Due to significant price volatility, investment caution is advised.