MEME, a stock-linked meme token on Robinhood Chain, briefly pushed its market capitalization above $110 million on Sept. 4 before pulling back to $95 million, according to GMGN data. The token posted gains of more than 1,000x over the past 24 hours, with trading volume reaching $59.1 million. The project uses tokenized AMC Entertainment shares as the paired pool asset and provides liquidity through the MEME/AMC trading pair.
The move drew attention after AMC’s CEO said earlier in the day that Robinhood was advancing a tokenized real-world asset and stock-token initiative involving AMC and more than 190 other companies. He said AMC had no connection to the project, did not endorse the approach, and would ask outside securities counsel to review the matter immediately. Robinhood CEO Vlad Tenev responded by saying there was no need for concern.
BlockBeats described the “Stock Meme” model as an emerging format that combines traditional meme-coin speculation with tokenized U.S. equities. Instead of pairing meme tokens with assets such as USDT or ETH, these projects use on-chain stock tokens including names like NVDA, TSLA and AAPL, tying community-driven volatility to the narrative appeal of real-world equities.
MEME, a stock-linked meme project on Robinhood Chain, briefly saw its market capitalization rise above $110 million on Sept. 4 before retreating to $95 million, according to GMGN data cited by BlockBeats. The token extended its rally to more than 1,000x over 24 hours, while trading volume reached $59.1 million.
The project uses the stock trading platform Robinhood and pairs liquidity against tokenized shares of AMC Entertainment through the MEME/AMC trading pair. AMC Entertainment is a U.S. movie theater company listed under the ticker AMC.
AMC’s CEO said earlier that morning that Robinhood was advancing a tokenized real-world asset and stock-token project involving AMC and more than 190 other companies. He said AMC had “no connection” to the project, did “not endorse” the practice, and would ask outside securities counsel to review the matter immediately.
Robinhood CEO Vlad Tenev replied that there was “no need for concern.”
How BlockBeats described the “Stock Meme” model
BlockBeats said “Stock Meme” refers to an emerging structure that directly combines traditional meme coins with tokenized U.S. equities. Instead of pairing meme tokens with USDT or ETH, these projects form trading pairs with on-chain stock tokens such as NVDA, TSLA and AAPL.
Under that setup, the tokens keep the high-volatility, community-driven speculative features associated with meme coins while also attaching themselves to the attention and narrative around real stocks. BlockBeats added that trading fees often flow in part to community treasuries to accumulate the corresponding stock tokens, creating what it described as a dual driver of “sentiment speculation + real-asset anchoring.” It also warned that price swings can be large.
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