BONER Meme Coin Takes Half of Hims & Hers Tokenized Shares on Robinhood

A meme coin called BONER has captured roughly half of the tokenized shares of Hims & Hers Health on Robinhood’s new blockchain, according to Decrypt. The unusual pairing of a meme asset with tokenized exposure to a public company has helped spark a broader trend among crypto traders. The development highlights how Robinhood’s blockchain platform is becoming a venue where speculative meme coins and tokenized stocks can appear alongside one another. Decrypt reports that the BONER activity began a pattern that is now spreading quickly, although the source describes the results as mixed. The report does not provide further details on trading volumes, prices, or the mechanics behind BONER’s share of the tokenized Hims & Hers market. Related crypto assets include AltLayer (ALT), MEME (MEME), RedStone (RED), and Starpower (STAR).