Meme Token MOO Surpasses $34M Market Cap, Up 40% in 24 Hours

News Editor

2026-09-08 03:50:48

MOO, a stock-linked meme token on Robinhood Chain, briefly topped $34 million in market cap before settling at $27.79 million, up 40% in 24 hours. The token pairs with tokenized Micron Technology (MU) shares via a MOO/MU liquidity pool on Robinhood. BlockBeats warns of high volatility and lack of fundamental value in meme coins.

On September 8, GMGN data showed MOO — a stock-linked meme token on Robinhood Chain — briefly pushing its market cap past $34 million. As of now, it stands at $27.79 million, up 40% in the last 24 hours, with $4.5 million in 24-hour trading volume.

MOO is built on the Robinhood platform and pairs with tokenized shares of Micron Technology (MU) as its base pool. Liquidity comes from the MOO/MU trading pair. Pretty simple. It blends traditional equities with on-chain tokens and rides market sentiment for speculation.

BlockBeats says meme tokens are highly volatile. They tend to be driven by sentiment and hype rather than intrinsic value or utility. So investors are being urged to stay cautious.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.

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