According to GMGN data, the market cap of the meme coin microduck briefly surpassed $50 million, currently at $48.71 million, marking a 24-hour gain of 65.58%. Separately, NVIDIA announced an equity retention plan for Hugging Face employees joining the company, valued at up to $1 billion. The $12.9303 billion acquisition of Hugging Face is expected to close in the first half of 2027, pending regulatory approval. NVIDIA is currently the largest contributor to Hugging Face’s data. Odaily warned that meme coin prices are highly volatile and advised investors to exercise caution.
GMGN data shows the meme coin microduck briefly pushed past a $50 million market cap. Right now, it sits at $48.71 million, up 65.58% over the past 24 hours.
In a separate statement, NVIDIA revealed an equity retention plan for Hugging Face employees who join the company, capped at $1 billion. Its $12.9303 billion acquisition of Hugging Face is slated to close in the first half of 2027, pending regulatory approval. And NVIDIA is now the biggest contributor to Hugging Face's data.
Odaily also reminded users that meme coin prices can swing wildly and urged investors to act cautiously.
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