Robinhood Meme coin MEME fell 35.83% in six hours, taking its market capitalization below $70 million to $68.88 million, according to GMGN data cited by Odaily. The decline follows Robinhood's announcement that trading volume for its on-chain stock tokens on a DEX (decentralized exchange) exceeded $3 billion within 63 days across more than 190 companies, including AMC. The announcement prompted criticism from AMC Chief Executive Adam Aron and a public exchange with Robinhood Chief Executive Vlad Tenev. Aron also threatened to ask AMC's securities legal advisers to examine possible legal enforcement measures. Odaily warned that Meme coin prices are highly volatile and urged investors to participate cautiously.