According to GMGN market data, FAMI and JINQIAN both dropped over 50% in a short period, with current market capitalizations of approximately $32 million and $35 million, respectively. Market attention has turned to trader Rune's recently disclosed plan: he spent about $1.8 million to acquire a 37.4% stake in a Nasdaq-listed company and intends to tokenize the equity on Robinhood Chain while launching a paired Meme coin. It remains unclear whether the tokens are directly linked to the plan.
According to GMGN market data, FAMI and JINQIAN both plunged over 50% in a short period. Their current market capitalizations are approximately $32 million and $35 million, respectively.
Market attention has shifted to a plan recently disclosed by trader Rune. Rune said he spent about $1.8 million to acquire a 37.4% stake in a Nasdaq-listed company. He plans to tokenize the equity on Robinhood Chain and simultaneously launch a Meme coin paired with the tokenized stock.
It remains unclear whether the tokens FAMI and JINQIAN are directly related to Rune's plan.
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