Meme stock and crypto project MEME's market cap breaks through $57 million, surging over 40% in 24 hours.

BlockBeats news, September 13th, according to GMGN data, the market capitalization of Robinhood Chain stock meme project MEME has surpassed $57 million, with a 24-hour increase of over 40%.

On the news front, AMC CEO Adam Aron once again published a post criticizing Robinhood's stock token business. In response to Robinhood CEO Vlad Tenev and Dan Gallagher publicly defending stock tokens over the past week, Aron called the practice "offensive" and contrary to the fundamental concept of stock ownership. He also questioned whether purchasers of stock tokens receive fewer rights than actual shareholders, potentially causing investor confusion; and if the underlying real shares supporting the tokens are lent out to short sellers, whether the related tokens can still be considered truly 1:1 backed. Aron described stock tokens as "unregulated, derivative, synthetic, or debt-backed securities," saying they merely simulate real stocks.

MEME utilizes the stock trading platform Robinhood, pairing with tokenized US stock AMC Entertainment (an American cinema company, ticker symbol AMC) as the base pool, using the MEME/AMC trading pair to provide liquidity.

BlockBeats note: Stock Meme is an emerging玩法 that directly combines traditional meme coins with tokenized US stocks: meme coins are no longer paired with USDT or ETH, but directly form trading pairs with on-chain US stock tokens (such as NVDA, TSLA, AAPL, etc.), retaining the high volatility and community-driven speculative attributes of meme coins while anchoring to the popularity and narrative of real stocks. Trading fees often partially flow back to the community treasury to accumulate corresponding US stock tokens, forming a dual-driven model of "sentiment speculation + real asset anchoring." Price fluctuations are significant, and investment requires caution.