TREE NEWS reports: The narrative that stock-paired meme coins could force a short squeeze into real equity markets has collapsed, as token prices wildly diverged from underlying shares. AMC token hit $166.86 versus a $2.59 stock close, and HIMS token reached $132.64 against $28.84, before arbitrage minting restored parity. The mechanism fails because token holders don’t own the actual shares, and token supply is minuscule relative to real float.
Meme Coin Squeeze Thesis on Tokenized Stocks Implodes
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