Artificial Inu (AI) market cap exceeds $300 million, up 52% in 24 hours

According to GMGN data, the meme coin Artificial Inu (AI), issued on the Robinhood-linked platform Long.xyz and paired with NVIDIA stock, has surpassed a market capitalization of $300 million. The token is currently trading at a market cap of $306 million, reflecting a 24-hour increase of 52.11% with a trading volume of $32.5 million. Long.xyz has launched LongX Expansion, which allows for the wrapping of 3x leveraged NVDA positions from Lighter into ERC-20 tokens, supporting minting, redemption, and DEX liquidity. The project has reaffirmed that transaction fees will be directed back to the AI token, establishing it as the platform's utility token.