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Microduck Meme Coin Surges Over 35% in Short Term, Market Cap Exceeds $46 Million

Microduck Meme Coin Surges Over 35% in Short Term, Market Cap Exceeds $46 Million

N
News Editor
2026-09-03 12:10:43
Driven by news that NVIDIA plans to acquire Hugging Face for $12.93 billion, the Meme coin microduck, inspired by Hugging Face's open-source robot, surged over 35% in a short period, pushing its market cap above $46 million. The token is unrelated to official entities, launched by the community as an independent meme coin. BlockBeats warns of high volatility and no real-world use cases.
microduckMeme coinNVIDIAHugging Faceshort-term surgemarket caprisk warning

Market Snapshot

According to BlockBeats, GMGN market data on September 3 showed microduck, a Meme coin tied to Hugging Face's open-source robot theme, jumped more than 35% in a short span. Its market capitalization moved past $46 million.

Catalyst Behind the Move

On the news side, NVIDIA is reportedly preparing to acquire artificial intelligence startup Hugging Face for $12.93 billion. That possible takeover lit a fire under the related concept token. microduck takes its cue from Hugging Face's actual open-source robot "Microduck," which was announced on August 27, 2026: a 25cm duck-shaped reinforcement learning robot with a price tag of about $399. But the token is completely separate. It has no connection to Hugging Face, Pollen Robotics, or NVIDIA. Just a community-led meme token, pushed out purely by market hype.

Risk Disclaimer

BlockBeats warns users that most Meme coins do not have real-world utility and can swing wildly in price. So investors should protect their assets and stay away from FOMO.

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