BlockBeats reported on Sept. 4 that meme token speculation has remained strong on Robinhood Chain, where PONS extended its multi-day run and briefly lifted its market capitalization above $752 million early in the day, marking a fresh all-time high. The token was up more than 58% over the past 24 hours, while trading volume reached $90.6 million.
Another Robinhood Chain meme token, FATCOIN, saw sharper volatility. Its market cap briefly crossed $14 million after surging more than 175x within 10 hours from near zero, then fell back to $7.7 million. Its 24-hour increase stood at 11x.
FATCOIN trades directly against tokenized Eli Lilly stock
According to BlockBeats, FATCOIN’s core narrative is built around "getting fat by getting rich from trading + an antidote to Eli Lilly weight-loss drugs." The token trades directly in a pair with $LLY, the tokenized stock version of Eli Lilly.
BlockBeats described Eli Lilly as one of the hottest U.S. stock names tied to weight-loss drugs, citing Mounjaro, Zepbound and oral GLP-1 products. It added that GLP-1 weight-loss drugs are a major narrative for 2025 and 2026. The community has also described the project as having undergone a community takeover.
GRASS briefly tops $8.6 million in market cap after launch
New token GRASS also attracted capital. Within eight hours of going live, its market cap briefly exceeded $8.6 million before retreating to $5.6 million.
BlockBeats said GRASS combines the "Touch Grass" internet meme with a "stock version of Pokémon GO." The official description calls it a location-based game in which fragments of real tokenized stocks on Robinhood Chain, including AAPL, NVDA, TSLA and GME, "spawn" at real-world locations linked to those companies, such as Apple stores, GameStop shops and Tesla stores. Players who walk nearby and tap can claim those tokenized stock fragments into their wallets.
MarsCoin and Niulai keep climbing on BNB Smart Chain
On BNB Smart Chain, MarsCoin continued higher. Its market capitalization briefly rose above $132 million early in the day before easing to $123 million. The token posted a 24-hour gain of 98%, with trading volume at $40 million.
"Niulai" also rebounded, briefly returning to a market cap above $100 million before slipping to $97 million. Its 24-hour gain was 25%, and 24-hour trading volume reached $24 million. BlockBeats also said FLORK was holding in a strong consolidation pattern.