MEME Craze Cools Off, Robinhood Effect Weakens, PONS Hits New High

BlockBeats News, September 4th, according to GMGN market data, with the pre-market price of AMC stock falling, the token MEME, which surged today and saw its market capitalization surpass $1 billion in a single day, has experienced a significant pullback, now trading at $91.13 million.

As a result, the Robinhood effect has weakened. Earlier, mainstream coins showed a strong rebound, including:

CASHCAT currently has a market cap of $284 million, with a nearly 6.34% increase in the past hour;

PONS has surpassed a $740 million market cap, hitting a new all-time high with a nearly 10.19% increase in the past hour.