CoinScoopRobinhood Meme Coin MEME Market Cap Halves to $78 Million
The Robinhood-themed meme coin MEME has seen its market capitalization drop by nearly 50% from its peak of $151 million, currently standing at $78 million. The token has declined over 30% in the last six hours. This follows a public dispute between AMC CEO Adam Aron and Robinhood CEO Vlad Tenev regarding Robinhood's on-chain stock token trading platform, which reported over $3 billion in volume across 190 companies including AMC.
Summaries are written by AI from the original article. Not investment advice.