According to GMGN data, the Robinhood Chain meme coin Nest briefly surpassed a $6 million market cap, recording a 24-hour surge of over 990x. Its current market cap stands at approximately $5.6 million. Nest is a multi-stock basket token launchpad built on Pons V2, which channels creator fees from meme token trades into a vault that buys a pre-configured basket of stock tokens, distributing them to holders based on staking duration. Odaily cautions that meme coins are highly volatile and investors should exercise caution.
GMGN data shows that Nest, a meme coin in the Robinhood ecosystem, briefly pushed past a $6 million market cap. In the last 24 hours, it jumped more than 990x, and its current market cap sits at about $5.6 million.
Nest is a multi-stock basket token launchpad on Robinhood Chain. It uses Pons V2 for token issuance, the bonding curve, and AMM mechanics. Simple setup. The project sends creator fees from meme token trading into the Nest Vault, which keeps buying a pre-configured basket of stock tokens. Those tokens are then handed out to holders according to the weighting of how long they have held.
Odaily is reminding users of the obvious: meme coin prices can swing wildly. So it advises investors to take part carefully.
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