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Memecoin Trading Outpaced Direct Stock Markets on Robinhood Chain
Memecoin pairs involving Robinhood’s tokenized stocks recorded $217 million in volume on Robinhood Chain on Sept. 2, exceeding the $127 million traded in direct stock-token markets, according to data compiled by Adam Tehc.
CryptoSlate
California Senate Passes Bill Targeting Memecoin Listings by Public Officials
California’s Senate passed a bill seeking to block listings of memecoins issued by federal public officials for state residents. Cointelegraph said the proposal cites conflicts of interest and potential “pay-to-play arrangements.”
Cointelegraph
GTA 6 Leak-Linked Memecoin Creator Sells Holdings Before Gameplay Reveal
A memecoin creator linked to nine days of unreleased GTA 6 footage sold his holdings hours before Rockstar’s first official gameplay reveal. The token had reached a $25 million market capitalization.
CoinDesk