Robinhood ecosystem meme coins fall, with SHROOM down more than 20%

  • GMGN data showed six Robinhood ecosystem meme coins declining over 12 hours.
  • SHROOM fell more than 20%, with its market capitalization reaching $13.56 million.
  • Odaily urged investors to exercise caution because meme coin prices are highly volatile.

Meme coins associated with the Robinhood ecosystem declined across the board over the past 12 hours, according to GMGN data. PONS fell more than 7% to a $687 million market capitalization, while AI dropped nearly 14% to $305 million. BONER declined more than 15% to $49.59 million, MEME fell more than 13% to $32.24 million, SHROOM dropped more than 20% to $13.56 million and microduck decreased more than 8% to $5.6 million. Odaily warned that meme coins can experience substantial price volatility and urged investors to participate cautiously.

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