AMC

AMC

2026-09-04 04:39:01

AMC Stock Meme Token Hits $4M Market Cap in First Hour, Trades $7.6M

According to GMGN data, the AMC token on Robinhood Chain, a stock meme project, briefly surpassed a $4 million market cap in its first hour of trading, with $7.6 million in volume. It later fell to $2 million. The project uses tokenized AMC Entertainment shares as the base pair in an AMC/AMC trading pair. On-chain data shows trader Bonk Guy holds about $18,000 in AMC. BlockBeats notes that stock meme tokens carry high volatility.

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StockMeme

2026-09-04 04:14:51

Stock Meme Project MEME Market Cap Breaks $20 Million, Surges 800x in 24 Hours

On September 4, the Robinhood Chain-based stock meme project MEME briefly surged past $20 million in market cap, hitting a new all-time high with a 24-hour gain of over 800x and trading volume reaching $16.2 million. The project pairs with tokenized AMC stock using the MEME/AMC trading pair. A similar project, CINEMA, also pairs with AMC, creating liquidity competition. BlockBeats notes that stock memes combine traditional meme coin volatility with tokenized equities, carrying high risk.

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tokenized sto

2026-09-04 03:23:10

Why the stock-paired meme coin short-squeeze story breaks down on-chain

A widely shared market narrative around stock-paired meme coins is running into a structural limit: squeezing the float of a tokenized stock on-chain does not automatically squeeze the underlying stock in the real market. In the source article by David Christopher, translated by Foresight News and published by MarsBit, the recent price dislocations in AMC and HIMS tokenized stocks are used to show why the thesis fails under the current design. The article points to last weekend’s trading, when demand for meme coins paired with tokenized equities locked up circulating token supply in liquidity pools and pushed prices sharply higher. AMC’s stock token briefly reached $166.86 while the underlying stock had closed at $2.59 on Friday. HIMS tokenized shares climbed as high as $132.64 against a Friday close of $28.84 for the real stock. Those prices represented roughly 64x and 4.6x the underlying equity prices. The central argument is that Robinhood-style tokenized stocks give users price exposure, not direct ownership of the underlying shares. That means hoarding the tokens can create scarcity on-chain, but not in the real stock market. Once token prices move too far above the underlying, authorized participants can mint more tokens and arbitrage the gap. The article contrasts that model with Galaxy and Superstate’s on-chain GLXY structure on Solana, where the token itself represents actual equity. It also argues that even if the squeeze narrative fails, tokenized stocks may still find value as marketing primitives and as programmable components inside games and DeFi products.

1170

AMC

2026-09-04 03:06:30

AMC CEO Slams Robinhood's Tokenized Stock, Vows Legal Investigation

AMC Entertainment CEO Adam Aron publicly criticized Robinhood's tokenized AMC stock product on Thursday, taking to X to denounce the offering as "despicable" and "outrageous." Aron stated that AMC has "absolutely nothing to do with this product" and does not endorse it, and revealed that the company will instruct outside securities legal counsel to investigate the matter. Robinhood's stock tokens are derivatives that provide holders with economic exposure to U.S. stocks but do not confer ownership rights. The conflict emerges as tokenized stocks are gaining traction among crypto exchanges, brokerages, and Wall Street institutions, with Robinhood placing tokenization at the core of its crypto expansion. Last year, the platform launched tokens tracking hundreds of U.S. stocks and ETFs, and it is building its own blockchain to support tokenized assets. Previously, OpenAI also publicly denied any association with a Robinhood token bearing its name, stating it was not equity and that there was no partnership or endorsement. AMC's opposition brings the controversy to the public company level, highlighting the regulatory and ethical challenges of tokenized securities.

1090

AMC

2026-07-09 21:00:13

AMC and Sony Partner to Give 86,000 Spider-Man NFTs to Early Ticket Buyers

AMC Theatres and Sony Pictures are offering 86,000 limited-edition Spider-Man NFTs on the Wax blockchain to early ticket buyers, marking AMC's first NFT initiative to boost movie attendance.

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