BlockBeats reported on Aug. 29 that Pollen Robotics, the open-source robotics company under Hugging Face, released a new product called Microduck on Aug. 27, priced at $399. The product quickly caught on across overseas social platforms, and its order volume passed $1 million in a short period.
At the same time, recent reports said Nvidia had agreed to acquire Hugging Face for $12.9 billion. Against that backdrop, the crypto community created a same-name Stock Meme token called Microduck and paired it with an Nvidia stock token.
Robinhood-chain version pulled ahead after multi-chain launch
The token was first launched across several blockchains at nearly the same time, including BSC, Base, SOL and Robinhood. The Robinhood-chain version later separated itself from the rest. According to GMGN market data, by press time the token had climbed to a $16 million market cap within three days of launch, with $8.9 million in 24-hour trading volume.
Leading holders largely came from the fomo platform
GMGN holder breakdown data showed that the top addresses in Microduck were almost entirely linked to the fomo platform. In an earlier article titled "Breaking down the whales that made 1,000x on the 'Bull Is Here' token: a group of foreigners from the fomo community," BlockBeats said the fomo community had become an important signal source for onchain speculation, with early members known for holding positions steadily while actively promoting trades.
Microduck’s rise has again put that group’s trading style and promotion power into view.
Top address had more than $370,000 in unrealized gains
Data from the fomo platform showed that the highest-profit address on the Microduck holder ranking had reached $370,000 in unrealized profit. That wallet accumulated $15,800 worth of tokens when the project was valued at a $610,000 market cap. By press time, it had sold only nearly $7,000 worth around a $3.7 million market cap and had continued to add slightly afterward.
Other addresses on the profit ranking showed a similar pattern: buying early and continuing to hold.
Concentrated holdings leave room for sharp swings
BlockBeats noted that Microduck showed a highly clustered holder structure. Under sentiment-driven trading conditions, either a sharp rise or a steep drop would be a reasonable outcome, and traders should stay cautious.
Whether users choose to trade it or not, the token stands out as a case worth watching for those tracking how fomo members build and manage positions.
What BlockBeats called a Stock Meme
BlockBeats described a Stock Meme as a newer structure that directly combines a traditional Meme token with tokenized U.S. equities. Instead of pairing a Meme token with USDT or ETH, the token is paired with onchain stock tokens such as NVDA, TSLA and AAPL.
That setup keeps the high-volatility, community-driven speculative features of Meme tokens while attaching them to the attention and narrative of real stocks. BlockBeats added that part of the trading fees often flows back to a community treasury to accumulate the corresponding stock tokens, creating what it described as a dual-driver model of sentiment speculation and real-asset anchoring.