BSCN(@BSCNews):Memecoin MEME Surges 500,000% as Robinhood-AMC Controversy Grows Memecoin MEME has surged more than 500,000% in a single day, briefly topping $250 million market cap on Pumpfun. FrankDeGods reportedly turned $1,491 into more than $1.2 million after buying 11 million MEME tokens, per lookonchain. Another trader reportedly invested $2,972 and saw the position climb above $2.1 million within 12 hours. The frenzy has also unfolded alongside controversy surrounding Robinhood’s tokenized AMC shares. AMC CEO Adam Aron said the tokens have no connection to AMC and were never endorsed by the company.

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2026.09.04 08:51

Memecoin MEME Surges 500,000% as Robinhood-AMC Controversy Grows Memecoin MEME has surged more than 500,000% in a single day, briefly topping $250 million market cap on Pumpfun. FrankDeGods reportedly turned $1,491 into more than $1.2 million after buying 11 million MEME tokens, per lookonchain. Another trader reportedly invested $2,972 and saw the position climb above $2.1 million within 12 hours. The frenzy has also unfolded alongside controversy surrounding Robinhood’s tokenized AMC shares. AMC CEO Adam Aron said the tokens have no connection to AMC and were never endorsed by the company.