Robinhood Ecosystem Meme Coins Decline, microduck Drops Nearly 30% in 24 Hours

Meme coins within the Robinhood ecosystem have experienced a broad decline. As of September 5, BONER's market capitalization stands at $39.5 million, down 26.6% over 24 hours. microduck's market cap is $24.23 million, reflecting a 29.04% drop. CASHCAT is valued at $230 million, down 11.95%, and MEME has fallen 25.22% in the last 6 hours to $43.48 million. Meanwhile, Robinhood CEO Vlad Tenev faced criticism from AMC CEO Adam Aron regarding tokenized stocks, with Aron alleging that offshore token issuance violates U.S. securities laws and undermines market in