Analyst: Meme coin trading pairs account for over 50% of stock token trading volume, with the total value of tokenized stocks approaching 20 million USD
According to Odaily, on-chain analyst Tom Wan posted on X stating that Robinhood CEO Vlad Tenev's previously proposed concept of a "synergistic effect between meme coins and RWA" is gradually becoming a reality. Currently, Launchpads such as LONG() and Bankr have started issuing new tokens directly paired with Robinhood stock tokens for trading. Over 50% of the trading volume in stock tokens now comes from meme coin trading pairs, with LONG()'s AI token contributing the largest trading volume. Most of these meme pairs are matched with NVIDIA and SPCX, making these two tokens the fastest-growing stock tokens. NVIDIA's market cap is already close to 5 million US dollars, and the total value of tokenized stocks is approaching 20 million US dollars.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Sony (SONY.US) to miss the 2027 CES after dissolving joint venture with Honda (HMC.US), shifts focus to entertainment content
Sony Group (SONY.US) will not participate in the 2027 International Consumer Electronics Show (CES), ending its decades-long history of attending this major electronics event in Las Vegas. Instead, the company will shift its focus more towards its entertainment content business.
Intervention risk rises again! After signals from Japan and the US, Japan's top foreign exchange official warns: the market should take this seriously
Jun Azumi stated on Monday that the market should take seriously the "very clear" message about the yen issued last week by Tokyo and Washington. His remarks signal his readiness to take action to curb excessive depreciation of the yen.
Barrick Mining (B.US) reaches collective agreement with Mali gold miners' union, strike threat lifted
Barrick Mining has reached an agreement with the Mali Gold Miners Union, alleviating the threat of a strike.
Crypto prices
More
