BlockBeats, September 2 - GMGN data shows SPACEHOOD, the SPCX stock-paired meme coin issued on the Robinhood chain through Long.xyz, hit a $21 million market cap. A new all-time high. It now sits at $15 million, up more than 27% over 24 hours. Trading volume in that period reached $11.4 million, putting SPACEHOOD third on Long.xyz.
Stock Meme, also written as 'Stock Meme,' is a new idea: fuse traditional meme coins with tokenized US stocks. The pairing is different. No USDT or ETH. Instead, coins trade against on-chain stock tokens such as NVDA, TSLA, and AAPL. That keeps the wild price swings and community-led speculation of meme coins, while tying the trade to the story and hype around real stocks. Part of the transaction fees often goes back to community treasuries, which build holdings of the matching stock tokens. Two forces at once: 'emotional speculation + real asset anchoring.'
BlockBeats reminds users that meme coin prices can swing sharply. Invest with caution.