Artificial Inu (AI), described in the source as a Robinhood ecosystem meme coin tied to the tokenized-stock narrative, rebounded to a market capitalization above $120 million, according to GMGN market data cited by BlockBeats on Oct. 14. The token’s 24-hour gain widened to 44%.
The move came after earlier market discussion around Robinhood’s onchain plans. BlockBeats said Robinhood CEO Vlad Tenev had recently mentioned stronger support for the onchain ecosystem, while market rumors suggested a funding program worth 100 million yuan could be launched for a Robinhood chain.
No additional details on the rumored plan were provided in the source. BlockBeats also warned that price swings in related tokens are large and said users should be cautious when investing.
Artificial Inu (AI), a meme coin described by the source as part of the Robinhood ecosystem and the tokenized-stock theme, has rebounded to a market capitalization above $120 million, according to GMGN market data cited by BlockBeats on Oct. 14. Its 24-hour gain widened to 44%.
Earlier reports referenced by BlockBeats said Robinhood CEO Vlad Tenev recently mentioned increasing support for the onchain ecosystem. Market rumors have also pointed to a possible 100 million yuan funding program tied to a Robinhood chain.
BlockBeats said tokens related to the theme remain highly volatile and warned users to be cautious with investment decisions.
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