Robinhood meme coins retreat as broader on-chain tokens suffer sharp losses

  • GMGN data showed broad declines among meme and other on-chain tokens across Robinhood, BSC and Solana.
  • The BNC4-paired build lost 90% of its market capitalization in 24 hours to $2.3 million.
  • BlockBeats warned that token prices remained highly volatile and urged users to invest cautiously.

Meme and other on-chain tokens broadly declined, with Robinhood-chain token MEME falling about 23% over 24 hours and several projects on Robinhood, BSC and Solana posting steeper losses. Newer GMGN data cited by BlockBeats on Sept. 10 put MEME at a $62 million market capitalization, down from more than $170 million previously, while the BNC4-paired build lost 90% of its market capitalization to $2.3 million. Earlier GMGN data cited by Odaily Star Daily showed MEME down 23.2%, PONS down 18.6% and declines across five tracked Robinhood ecosystem tokens.

The information on this website is generated using AI and we cannot guarantee its accuracy. Please use it as reference information only.
Robinhood meme coins retreat as broader on-chain tokens suffer sharp losses - CoinPost Terminal