Apple-Paired Stock Meme ICOIN Surges 28x, Market Cap Breaks $5.5M

ICOIN, a stock meme token on Robinhood Chain, has surged 28x in 24 hours, reaching a market cap of $5.5 million and approaching its all-time high of $5.8 million, according to GMGN data. The token is paired with tokenized Apple stock (AAPL), and its trading volume hit $8.9 million. Stock memes combine the volatility of meme coins with the narratives of real-world stocks, creating a dual-driven model of sentiment trading and real asset anchoring. This is a new trend in the crypto space, but high volatility remains a risk.