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MEME Coin News: MEME Tokens plunged 93% to US$0.038 from US$0.15

2026-09-05 18:17:48
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MEME tokens slowed to US$0.038 after experiencing a 40,357% AMC market.

Today, the cryptocurrency market was boiling with a Solana eco-token linked to Robinhood tokenized stocks. The token experienced one of the strongest gains during the year before quickly falling back.

According to CoinGecko's latest pricing data, this asset called "A MemeCoin"(code: AMC), known as "MEME Tokens" by traders, increased by as much as 40,357.5% in 24 hours. As of September 5, 2026, its price has cooled to US$0.03846, down 6.8% that day.


图表展示代币价格走势 Although the current price is well below the intraday high of US$0.1509, its 24-hour trading volume remains high at US$149.26 million.



What happened behind the token boom?

The token was launched on Pump.fun, and according to a report shared by BSCNews on platform X, the project rose more than 500,000% on the first day, briefly pushing its market value to nearly US$250 million.


Data from online tracker Lookonchain shows that two early buyers converted small positions into six-figure and seven-figure gains:

Traders 'initial investment peak value time frame FrankDeGods US$1,491 (11 million tokens) US$1.2 million + anonymous traders US$2,972 US$2.1 million +12 hours Current on-chain indicators show that the market value of the coin has stabilized at approximately US$40.15 million, and both the circulating supply and the maximum supply are 1 billion tokens. Investors can view Robinhood paired trading charts associated with this token on DexScreener.

A Meme Coin snapshot

  • Current price: US$0.03846
  • 24-hour change: -6.8%
  • 24-hour range: US$0.03456 - 0.1509
  • Market Value: US$40.15 million
  • 24-hour trading volume: US$149.26 million

Robinhood controversy boosts the market

This wave of Solana meme coin's rise coincides with the controversy caused by Robinhood.

As part of Robinhood's broader tokenized stock crypto product layout, its tokenized stock project sparked a market rally because it positioned itself as the primary paired trading pair with the tokenized asset.

In a post posted on the project's official X account, the team wrote: "A Meme Coin has officially become the number one AMC pairing token... Robinhood tokenizes AMC. Adam publicly objected and lawyers intervened."


The X-post also portrayed the standoff as a public rivalry between Robinhood CEO Vlad Tenev and AMC CEO Adam Aron.



相关市场动态图示 Expert Opinion

Market analysts who track news of such cryptocurrencies believe that the rebound reflects a strong demand among retail investors for narratives that integrate real-world corporate disputes with on-chain speculation.

The huge gap between the token's early peak and the current price illustrates the volatility of such meme market events. Analysts pointed out that with the development of Robinhood and AMC storylines, the price trend of cryptocurrencies linked to unofficial company pairings may remain difficult to predict.

Disclaimer : This article is for reference only and does not constitute financial advice. Cryptocurrency assets, including the newly launched meme coin, are highly risky and highly volatile. Readers should conduct independent research before making any investment decisions.

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