A meme coin on Robinhood Chain, named after the Chinese term "Jinqian" found in Farmmi's public filings, drove the Nasdaq-listed company's stock price up 350% intraday. The coin's creator discovered the term in Farmmi's documents and launched the token, leading to a spillover effect into the equity market.
Techub News says a meme coin on Robinhood Chain set off a 350% intraday jump in the stock price of Nasdaq-listed Farmmi (ticker: FAMI).
The token’s creator spotted the term "Jinqian" in Farmmi’s public filings, then launched a coin built around it.
And the hype didn’t stay in crypto. It spilled into Farmmi’s real stock trading and pushed a sharp short-term rally.
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