Robinhood Meme coin MEME crashes 63% in 6 hours

The sharp collapse of MEME within hours highlights the fragility of sentiment-driven assets tied to platform launches, especially when overshadowed by a more substantive product rollout like tokenized stocks. The criticism from AMC's CEO adds a layer of regulatory and reputational tension that could influence how retail platforms navigate hybrid crypto-equity offerings. For market watchers, the key issue is whether this volatility deters other platforms from similar meme-coin experiments or accelerates a shift toward more regulated tokenized assets. The speed of the drawdown also underscores how quickly liquidity can exit niche tokens when broader narratives dominate.