Robinhood Meme Coin MEME's market value briefly surpassed 150 million USD

According to GMGN data, Robinhood Chain Meme Coin MEME (A Meme Coin) briefly surpassed a market capitalization of 150 million USD, setting a new record, and is currently reported at approximately 133 million USD, with a 1-hour increase of 132.6%.

Robinhood previously announced that its on-chain stock token DEX trading volume exceeded 3 billion USD within 63 days, specifically mentioning coverage of over 190 companies including AMC. However, this subsequently triggered dissatisfaction from AMC CEO Adam Aron, leading to a public confrontation with Robinhood CEO Vlad Tenev, who even threatened to ask his securities legal counsel to explore the possibility of taking legal action.