memecoins
Every story this desk has filed under memecoins, most recent first.
The Token That Moved a Nasdaq Stock Was Never a Stock Token
FAMI, the asset traded against the Money Mushroom memecoin on Robinhood Chain, was minted in one transaction with a supply close to Farmmi's entire share count. Farmmi's Nasdaq listing then traded roughly 90 times its usual volume.
Memecoins Bought on a Credit Card, Coded as Digital Media
Test purchases through Robinhood Wallet and Fomo were classified as digital media rather than crypto, which earned card points on transactions the networks restrict.
A Memecoin Pool Holds Half the Tokenized Hims & Hers Shares in Existence
The BONER/HIMS pool on Robinhood Chain holds 31,198 of the 58,714 tokenized Hims & Hers shares that exist, and with the NYSE shut the token printed $132.64 against a $28.84 Friday close.
Robinhood Chain Out-Earned Ethereum on Fees, and Almost None of It Came From Stocks
The two-month-old layer 2 recorded 5.52 million transactions and $2.66m of revenue on 30 August, with memecoin trading tools taking most of it. TVL is at a record $726.4m and daily DEX volume at $1.40bn.
Pons Sets an All-Time High and a $270m Market Value, Forty-Eight Days After Its First Pool
PONS reached $0.397065 at 19:36 UTC and is worth $270m, which puts a token with no product and seven weeks of history 140th by market value on CoinGecko's list. It is up 80 percent on the day and 625 percent on the week.
Ninety-Eight Per Cent of the Tokens Born on Robinhood Chain Are Dead Within a Fortnight
The chain has made 360,648 tokens in 59 days, about 6,100 a day. Of those more than a week old, 1.55 percent traded yesterday: about one in sixty-five. Half of everything born here stops trading before it is twelve hours old.
A Death Notice Became a Token Launch Within Hours, and Then a Rug Pull
A cluster of memecoins referencing Dolly Parton appeared after news of her death, with buyers hit by rug pulls, according to Crypto Briefing. The playbook is now fast enough to be automated.
Two Memecoins Traded 92% of the Volume of All 196 Tokenized Stocks on Robinhood Chain
Robinhood Chain lists 196 tokenized equities. 148 of them did not trade at all in 24 hours. Two memecoins on the same chain traded 92 percent of the volume of the entire tokenized stock market, and one of them out-traded NVDA by 1.8 times.
The Animal Trade Reaches Robinhood Chain
Cash Cat, a memecoin on Robinhood's Layer 2, rose more than 50% in a day as a broader rally pulled money into small animal-themed tokens, some of which doubled over the week.
A Denied Token Rumour Came Wrapped in an Unverified Robinhood Chain Wallet Claim
Eric Trump said no new coin is launching. The rumour that moved TRUMP 38% had leaned on an unconfirmed claim about a 290 ETH wallet on Robinhood Chain.