PANews’ latest daily roundup spans crypto regulation, macro events, project updates, market commentary, and notable data points. Lisk’s LSK token led market attention after surging 512.7% in 24 hours, with liquidations tied to the token reaching $38.3655 million, the highest across the market. In regulation, Thailand’s Securities and Exchange Commission proposed new stablecoin rules that would limit transfers to a user’s own verified accounts or wallets and cap daily inflows and outflows at 5 million baht per platform. In Washington, Patrick Witt, executive director of President Donald Trump’s digital asset advisory council, said the window for the Clarity Act is closing ahead of a Sept. 15 procedural vote, while the House Ways and Means Committee is set to review crypto tax bills on Sept. 16. Elsewhere, Grayscale filed with the SEC to convert its Litecoin Trust into an ETF under the ticker LTCN, several crypto and fintech firms disclosed operational or security developments, and OpenAI CEO Sam Altman signaled that leading AI companies may soon cooperate to address safety risks.

Meme coin flybrain on Robinhood has climbed back above a $14 million market cap, according to GMGN data cited by BlockBeats on Sept. 13. The token was reported at $14.03 million in market value, up more than 60% over the past 24 hours, with trading volume reaching $6.5 million during the same period. BlockBeats also noted that a16z co-founder Marc Andreessen had previously followed the project’s official X account. According to the project’s own description, flybrain says it is the first meme coin launched by researchers using a fruit fly brain for training. The team says it is not a "brain-inspired AI" system but a real fruit fly connectome. The project description adds that the brain contains 165,122 neurons and 10,228,000 synaptic connections, all taken from a single male fruit fly and traced individually through electron microscopy. BlockBeats warned that meme coins often lack practical use cases and can see sharp price swings, urging users to stay cautious.

MEME, a stock-meme project on Robinhood Chain, has climbed past a $57 million market capitalization and gained more than 40% over the past 24 hours, according to GMGN data. The move came as AMC CEO Adam Aron again criticized Robinhood’s stock-token business, calling recent public defenses of the model by Robinhood CEO Vlad Tenev and Dan Gallagher 「offensive」 and arguing that the structure departs from the basic idea of stock ownership. Aron questioned whether buyers of stock tokens receive fewer rights than actual shareholders and said that could confuse investors. He also raised doubts about whether tokens can still be considered truly backed 1:1 if the underlying shares are lent out to short sellers. Aron described stock tokens as 「unregulated, derivative, synthetic or debt-backed securities」 that merely simulate real shares. MEME uses tokenized AMC Entertainment stock as its paired liquidity base through the MEME/AMC trading pair. BlockBeats said the broader 「Stock Meme」 model links meme tokens directly with tokenized U.S. equities such as NVDA, TSLA, and AAPL instead of pairing them with assets like USDT or ETH.

According to GMGN market data, fone, a meme coin in the Solana ecosystem, briefly pushed its market capitalization above $8.5 million before easing to about $8.2 million. The token was up 38.4% over the past 24 hours at the time cited in the report. The project’s narrative centers on the “apeonfone” concept, which it uses to describe how meme coin trading in the current cycle has become more mobile and more tied to social media activity. In its own framing, the idea is captured by the phrase “an ape on a phone.” The community has compared that setup to dogwifhat’s earlier “a dog with a hat” narrative from the previous cycle. The comparison highlights a trading pattern in which users browse social platforms on their phones, receive trade calls, and buy meme coins directly from mobile devices. Odaily also warned that meme coins can see sharp price swings and that tokens driven mainly by community narratives lack stable fundamental support, leaving trading risk elevated.

PERPSPAD, the token tied to the Solana-based token launch platform PerpsPad, briefly pushed its market capitalization above $5 million before pulling back to $4.2 million, according to GMGN market data cited by BlockBeats on Sept. 13. The token was still up more than 200% over the past 24 hours at the time of the update. PerpsPad describes PERPSPAD as a Solana ecosystem "position-tokenized" asset. The platform’s model links each issued token to a real leveraged perpetual futures position. Trading fees are automatically routed to a dedicated on-chain sub-wallet for that token and used to open or add to leveraged positions across markets including SOL and BTC. Part of those fees is also used to buy back and burn tokens. PERPSPAD itself is set up as a 5x long SOL strategy. It can also receive buyback support from trading revenue generated by other tokens on the platform, and it runs on Phoenix. BlockBeats added a risk warning, saying the token is highly volatile and carries significant uncertainty, and urging users to invest cautiously.

GMGN data showed on Sept. 13 that the fully diluted valuation of LAPTOP, a meme coin described by BlockBeats as having been issued by Biden’s son, briefly fell below $300 million before rebounding to $310 million. The token was still down more than 25% over the past 24 hours. Compared with its peak FDV of $314 billion, the decline now exceeds 99.9%. BlockBeats also warned that meme coins often lack practical use cases and can see sharp price swings, urging investors to remain cautious. The move highlights the extreme volatility that can emerge in meme-token valuations over a very short period.

According to data cited by ChainCatcher from GMGN, the Meme coin "Longxia" briefly saw its market capitalization rise above $170 million early today, setting a new all-time high. The token is currently quoted at $154 million in market cap, with a 24-hour gain of more than 117%. The update did not provide additional trading details beyond the market cap move and 24-hour increase. It also carried a risk reminder circulating in the market, noting that Meme coin prices can be highly volatile and urging investors to participate with caution. The report was published by ChainCatcher under its market analysis category.

According to GMGN data, Solana-based meme coin BATON briefly pushed its market capitalization above $18 million during early trading, marking a new all-time high. The token was up 86.8% over the past 24 hours and was later quoted at a $12.3 million market cap. BATON is described as a community meme coin built around the narrative tied to Baton Corporation, the company behind Pump.fun, and its early project Baton Finance. Its paired token is PUMP, the platform token of Pump.fun. The report also noted that BATON only borrows that narrative and has no official connection to Pump.fun. Odaily added a risk reminder, saying meme coins can see sharp price swings and that investors should participate with caution.