Meme tokens active on several chains posted broad losses on Sept. 16 after the CLARITY Act failed to clear a key procedural vote, according to GMGN data cited by BlockBeats. On Robinhood-linked on-chain markets, STANDARD fell from a market cap peak of $47 million yesterday to $25 million, almost halving. Other names on the same chain also moved lower, including MEME, down 32% over 24 hours to a $30 million market cap, and FLYBRAIN, down 44.7% to $3 million. CME dropped 26% to $3.3 million, while PONS fell 2% to $630 million. MOO declined 10.2% to $16 million, BONER lost 20.2% to $37 million, microduck fell 30% to $5.3 million, CASHCAT dropped 5.2% to $158 million, and AI slipped 3% to $288 million. On BSC, BREW was down 11% to $15 million, 4Stock fell 42% to $7.4 million, and BNC4 lost 7.1% to $6 million. On Solana, EMBER dropped 37% to $11.5 million, RAYCAT fell 33% to $4.75 million, BATON lost 60% to $4.5 million, STONK declined 20.1% to $142 million, and ZCAT was down 25% to $83 million. BlockBeats warned that token prices remain highly volatile.
Meme tokens across multiple chains moved lower on Sept. 16 after the CLARITY Act failed to pass a key procedural vote, according to GMGN data cited by BlockBeats.
Robinhood-linked on-chain names saw broad declines
On Robinhood-linked on-chain markets, STANDARD dropped from yesterday’s market cap peak of $47 million to $25 million, nearly halving.
Other tokens on the same chain also posted losses. MEME fell 32% over 24 hours, with its market cap at $30 million. FLYBRAIN dropped 44.7% to $3 million. CME lost 26% to $3.3 million. PONS was down 2% to $630 million. MOO fell 10.2% to $16 million. BONER declined 20.2% to $37 million. microduck dropped 30% to $5.3 million. CASHCAT fell 5.2% to $158 million, while AI slipped 3% to $288 million.
BSC and Solana meme tokens also retreated
On BSC, BREW fell 11% over 24 hours to a market cap of $15 million. 4Stock dropped 42% to $7.4 million, and BNC4 lost 7.1% to $6 million.
On Solana, EMBER declined 37% to $11.5 million. RAYCAT fell 33% to $4.75 million. BATON dropped 60% to $4.5 million. STONK lost 20.1% to $142 million, and ZCAT was down 25% to $83 million.
BlockBeats said token prices can be highly volatile and urged users to remain cautious.
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