- SOL0%
- ETH0%
- USDT0%
- TSLAX0%
- NVDAX0%
- three-1.85%
- Microduck+95.99%
BlockBeats News, August 29th - Pollen Robotics, an open-source robotics company under Hugging Face, released a new product named Microduck on the 27th, priced at $399. The product quickly gained popularity on the internet, with orders surpassing $1 million in a short period of time. In addition, recent news broke that NVIDIA has agreed to acquire Hugging Face for $12.9 billion. Subsequently, the crypto community created a meme coin named Microduck, paired with NVIDIA stock token.
Initially, the token was launched on multiple blockchains, including BSC, Base, SOL, and Robinhood. Ultimately, Microduck on the Robinhood chain stood out. According to GMGN Exchange data, as of the time of writing, the token's market capitalization has quickly reached $16 million within three days of its launch, with a 24-hour trading volume of $8.9 million.
By analyzing the GMGN holding details, it is evident that the top addresses holding Microduck tokens are predominantly from the FOMO platform. In a previous article titled "Decoding the 'Bull Come' Coin Whale: A Group of Foreigners from the FOMO Community," BlockBeats has explained that the FOMO community has become a significant indicator of on-chain hype, with early community members focusing on holding assets steadfastly and actively participating in pump and dump schemes. The rise of Microduck once again demonstrates the speculative and pumping enthusiasm of this community.
According to FOMO platform data, the leading profitable address holding Microduck has realized gains of $370,000. This whale initially bought $15,800 worth of tokens when the market cap was $610,000. As of the time of writing, they have sold nearly $7,000 worth of tokens when the market cap reached $3.7 million and have continued to incrementally increase their position. Other addresses on the profit leaderboard exhibit similar characteristics.
It is worth noting that Microduck shows a highly clustered holding pattern. Rapid surges and drops in market sentiment are reasonable under such circumstances, and users should exercise caution when investing. Nevertheless, whether investing or not, this token should serve as a key case study for observing the operational patterns of FOMO community members.
BlockBeats Note: Meme Stock is an emerging trend that combines traditional meme coins with tokenized equities directly. Meme coins are no longer paired with USDT or ETH but instead form trading pairs directly with on-chain stock tokens (such as NVDA, TSLA, AAPL, etc.). This approach retains the speculative nature and community-driven hype of meme coins while leveraging the popularity and narrative of real stocks. Transaction fees often partially flow back into the community treasury to accumulate the corresponding stock tokens, creating a dual-drive model of "sentiment-driven hype + real asset anchoring."
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