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Crypto Traders Are Pairing Meme Coins With Stocks on Robinhood—And It's Working (Sort Of)

Traders are creating meme coins paired with tokenized stocks on Robinhood's blockchain network, generating significant trading volume and price volatility despite minimal impact on underlying real-world equities. A meme coin called BONER briefly inflated tokenized Hims & Hers shares to over four times their actual stock price, sparking a broader trend that has attracted hundreds of millions in trading activity.

about 20 hours ago

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