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Robinhood Meme Coin MEME Drops Over 70% in 6 Hours to $36.71M

Robinhood’s meme coin MEME fell below $40 million market cap, now at $36.71 million, down over 70% in six hours after peaking at $151 million. This follows Robinhood’s DEX announcement of $3 billion in tokenized stock trading volume, which drew criticism from AMC CEO Adam Aron, escalating into a public dispute.

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