'Money Mushroom' Moved A Nasdaq Penny Stock, But Its 'Tokenized Stock' Is A Memecoin Too

Compiled by KoinLens from 1 source

The FAMI token that Money Mushroom trades against on Robinhood Chain is not a Robinhood stock token. Its 37,430,000 supply, close to Farmmi's entire share count, was minted in a single transaction by a wallet that kept 38% and now runs a contract named PoolRepricer to manage the price.

Related stories

3.0Market Impact: 3.0/10 · Low
The higher the score out of 10, the bigger the expected impact on the market. Heuristic estimate — not financial advice.

The Block

Japan-listed Remixpoint sells all ETH, SOL, XRP and DOGE holdings in shift to bitcoin-only crypto strategy

9 HOURS AGO

2.5Market Impact: 2.5/10 · Low
The higher the score out of 10, the bigger the expected impact on the market. Heuristic estimate — not financial advice.

Cointelegraph

Japan’s Remixpoint dumps altcoins, leaves 1,506 BTC as sole crypto bet

8 HOURS AGO

2.0Market Impact: 2.0/10 · Low
The higher the score out of 10, the bigger the expected impact on the market. Heuristic estimate — not financial advice.

The Defiant

Robinhood Chain Tops Ethereum In Daily App Revenue

2 DAYS AGO

1.5Market Impact: 1.5/10 · Low
The higher the score out of 10, the bigger the expected impact on the market. Heuristic estimate — not financial advice.

The Block

Memecoin shenanigans spill into Nasdaq as microcap mushroom seller Farmmi surges 350%

2 HOURS AGO